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DAILY AVIATION NEWS ALERT

February 23rd, 2024
This edition is supported by:
Grazia Vittadini and Dieter Vranckx

Management shuffle at Lufthansa Group

The Lufthansa Group is starting the next phase of its corporate development with a realignment of the Board of Directors. The restructuring coincides with the departure of four board members. According to schedule, the terms of office of Harry Hohmeister and Detlef Kayser end in the current year. At the same time, Christina Foerster and Remco Steenbergen are leaving by mutual consent. …
Low-cost carrier Lynx Air said it has to cease operations © Shutterstock

Lynx Air ceases operations amidst financial struggles

Lynx Air, a Calgary, Canada-based airline dedicated to providing affordable air travel for Canadians, is set to cease operations on Monday, February 26. The low-cost carrier revealed this decision concurrently with the announcement of securing an initial order for creditor protection from the Court of King's Bench of Alberta. According to CBC News, Lynx Air cited various challenges, including escalating …
Lilium Jet

Lilium and Star Charge partner to provide charging systems for Lilium Jets

Lilium N.V, the developer of the eVTOL Lilium Jet, has partnered with Star Charge to develop, customise and provide charging systems for its Lilium Jets. At the Singapore Airshow, the companies announced that Lilium placed a first order of 120 chargers for its ground and flight testing aircraft, as well as for its aircraft maintenance and delivery centre activities. Lilium …
The acquired E190-jet will undergo disassembly at eCube in Wales, St Athan © Werner Aero

Werner Aero acquires E-Jet from NAC

Werner Aero, LLC has successfully acquired an additional E-Jet aircraft, E190 MSN 481, through a transaction with Nordic Aviation Capital (NAC), a regional aircraft leasing company. The acquired aircraft will undergo disassembly at eCube in Wales, St Athan, with the spare parts integrated into Werner's existing pool of E-Jet materials. This strategic move aims to enhance Werner Aero's support capabilities …
TotalEnergies has been supplying SAF for Airbus' aircraft deliveries in Toulouse since 2016 © Airbus

Airbus and TotalEnergies join forces to propel SAF

Airbus and TotalEnergies have inked a strategic partnership to tackle the hurdles of decarbonising aviation through sustainable aviation fuels (SAF). Aligned with the goal of achieving net carbon neutrality in aviation by 2050, the collaboration focuses on significantly reducing the sector's CO2 emissions, with SAF playing a pivotal role. TotalEnergies' SAF has the potential to slash up to 90% of …
Natalja Platonova, head of Magnetic Talents © Magnetic Engineering

Magnetic Engineering expands CAMO capabilities

Magnetic Engineering, a part of the Magnetic Group, has announced a significant expansion of its continuous airworthiness management organisation (CAMO) capabilities, now including the Airbus A220 and A350 aircraft. This expansion comes with the approval of the Estonian Civil Aviation Authority, marking a significant milestone in the company’s growth and service offerings. The increase in the demand for services for …

LCI inks deal for up to 21 latest-gen helicopters from Leonardo

Boeing 737 MAX programme Chief Ed Clark steps down

Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

SIAEC secures component programme with Air India

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Rolls-Royce more than doubled profit in 2023

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