Category: Top Stories

Peter Gerber to become new CEO of Condor in 2024

Peter Gerber

German leisure carrier Condor Flugdienst GmbH (Condor), majority owned by Attestor Capital, has announced that the current CEO, Ralf Teckentrup, will be replaced in February 2024, as planned, by Peter Gerber. Berger has held various positions in the Lufthansa Group over the past 30 years, including as a member of the Executive Board of Lufthansa Passenger Airlines, as CEO and CFO of Lufthansa Cargo, and most recently as CEO and CCO of Brussels Airlines. He is currently Chief Representative for European Affairs of the Lufthansa Group, while previously he had held the position of President of the German Air Transport Read more

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New boss at Rolls-Royce warns company at last chance saloon

©Rolls-Royce

Having taken over from Warren East in January this year, Rolls-Royce’s new CEO, Tufan Erginbilgic has warned all staff at the FTSE-100 firm that it must change the way it operates if it is to have a future. In a global announcement Erginbilgic stated that: “Every investment we make, we destroy value. We under-perform every key competitor out there,” adding that: “Rolls-Royce has not been performing for a long, long time, it has nothing to do with COVID, let’s be very clear. COVID created a crisis, but the issue in hand has nothing to do with it. Given everything I Read more

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Airbus looks to take on 13,000 new employees in 2023

©Airbus

European planemaker Airbus has announced that it is stepping up its quest for new talent and in the next year will be taking on approximately 13,000 new employees across the globe. Roughly 7,000 of these employees will be for newly created posts and will be responsible for supporting the industrial ramp-up as well as the company’s ambitious decarbonisation roadmap and preparing the future of aviation. “In 2022 we welcomed more than 13,000 new employees within Team Airbus around the world, in a complex environment which tested our resilience and attractiveness as a global employer.” said Thierry Baril, Chief Human Resources Read more

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Boeing reports mixed financial results for 2022 with net loss of US$5 billion

©Boeing

Having reported a net loss of US$4.3 billion in 2021, Boeing Co. has reported a net loss of US$5.0 billion for 2022. Operational losses have been reported at US$3.5 billion, up from US$2.9 billion in 2021. The American planemaker generated US$3.1 billion in free cash flow in the final quarter of 2022. It had forecast about US$2.5 billion in free cash flow for the fourth quarter. The company reported US$2.3 billion for all of 2022 according to Refinitiv data. Boeing reported fourth-quarter revenue of US$20 billion, up from US$14.79 billion in 2022 and a loss per share of US$1.75. Boeing Read more

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Lufthansa Technik integrates LHIND to drive digital transformation of MRO

©Lufthansa Industry Solutions LHIND

In order to drive the digital transformation of aircraft repair, maintenance and overhaul, Lufthansa Industry Solutions (LHIND) has now become a 100% subsidiary of Lufthansa Technik. This means Lufthansa Technik will now be able to draw on the expertise of some 2,300 digital experts while continuing to concentrate on LHIND’s customer growth. Lufthansa Technik will now be able to provide further digital services in addition to the recently announced Digital Tech Ops Ecosystem. Also, Lufthansa Technik recently announced the acquisition of AMOS, the leading software for aircraft technical support. In acquiring LHIND, the digital transformation of the MRO industry has Read more

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Recaro sees Air China launch the new CL6720 business-class seat

Recaro CL6720 seat on Air China A350 aircraft ©Recaro

The Recaro Aircraft Seating (Recaro) CL6720 customised for Air China took to the skies for the first time in the cabin of an Airbus A350 en route from Beijing to Chengdu on January 20. In addition to the new seat, the aircraft included Recaro PL3530 seats in the premium economy section and CL3710 seats in the economy section of the plane. The CL6720 has been christened the ‘minisuite in the sky’, having been first unveiled in 2020. The seat has additional privacy features and premier living space while combining a lightweight structure with an efficient seat configuration which will help Read more

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Resurgent Air India to announce order for 235 Airbus single-aisle jets

Air India Airbus A320 aircraft ©AirTeamImages

It is anticipated that on January 27 a resurgent Air India will be announcing combined major orders for over 500 commercial jets from Airbus and Boeing. According to unnamed sources, the order will include 235 Airbus A321-family aircraft together with 190 Boeing 737 MAX jets as previously reported by Reuters news agency. It is also expected that the order will also be for 70 wide-body jets including 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777Xs. According to industry sources, finalising the deal and organising the delivery schedule for the aircraft will be dependent on negotiations with engine suppliers. Read more

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ZeroAvia performs maiden test flight using 19-seat Dornier with hydrogen-electric engine

Dornier 228 testbed aircraft ©ZeroAvia

ZeroAvia, the US/UK hydrogen-electric aircraft developer has announced the successful maiden test flight of its 19-seat Dornier 228 testbed aircraft. The flight saw the Dornier become the world’s largest aircraft to be flown with a full-size hydrogen-electric powertrain. The hydrogen-electric engine had been retrofitted to the left wing of the aircraft while a single Honeywell TPE-331 stock engine remained on the right wing. The plane took off from the company’s R&D facility at Cotswold Airport in Gloucestershire, UK, and the flight lasted ten minutes. The aircraft completed taxi, take-off, a full pattern circuit and landing. This successful maiden flight forms Read more

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Lufthansa takes first steps in potential takeover of ITA Airways

©Lufthansa Group

Deutsche Lufthansa AG (Lufthansa) is looking to initially acquire a minority stake in Italian carrier ITA Airways (Italia Trasporto Aereo S.p.A.) with an option to purchase any remaining shares at a later stage. Lufthansa has submitted an offer to the Italian Ministry of Economy and Finance (Ministero dell’economia e delle finanze) to conclude a Memorandum of Understanding (MoU) in this respect. Once both parties have signed the MoU, further negotiations and discussions would then be conducted on an exclusive basis. Initial discussions will primarily focus on a possible equity investment by Lufthansa, the commercial and operational integration of ITA into Read more

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United Airlines doubles size of Houston inflight training centre

United has opened its expanded inflight training centre in Houston ©United Airlines

United Airlines has opened its newly refurbished and expanded Houston inflight training centre. At a cost of US$32 million (£26 million) the now 56,000 ft² facility more than doubles the existing training premises and will enable the carrier to remain on track to hire 15,000 new staff, including 4,000 flight attendants, in 2023. The new facility includes additional classroom and training spaces, cabin and door trainers and a state-of-the-art aquatic centre where the safe evacuation of a plane in the event of an unlikely water landing can be practiced. In addition, the campus now includes inflight service training spaces with Read more

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