Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By utilising aircraft from the A320 and A330neo families, Condor aims to maximise the benefits of commonality between these
IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, serves as a seamless replacement for White Diesel, significantly impacting net carbon emissions. For IAG Cargo, the shift
In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group solidifies its position with the acquisition of the Boeing 787-900, MSN 37109, which has recently arrived at Cotswold Airport, United Kingdom. The aircraft, equipped
Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5, flight where a panel detached from one of its aircraft. The reported loss, though significant, was less severe than analysts’ projections, and notably smaller than the US$425 million
Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediting new rotorcraft developments, and supporting diverse missions globally. By harnessing the expertise and resources of both entities, Robinson reinforces its position at
JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of the end of the first quarter, JetBlue held US$1.7 billion in unrestricted cash, cash equivalents, short-term
Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inventory levels and reduced cashflows, following the U.S. aviation regulator’s imposition of a production cap on Boeing’s 737 MAX
RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to divestiture. Adjusted EPS stood at US$1.34, reflecting a 10% increase compared to the prior year. RTX
During the MRO Americas event, Fokker Services America (a subsidiary of Fokker Services Group, FSG) and HAECO have signed a component service support agreement for a duration of five years. This agreement positions FSG to deliver exceptional component servicing from its global facilities in LaGrange (U.S.A.) and Schiphol (the Netherlands) to HAECO’s inventory technical management
All Nippon Airways (ANA) and Air India, India’s national flag carrier, have formalised a commercial agreement signalling the commencement of a codeshare partnership facilitating connectivity between Japan and India. Commencing on May 23, this collaboration between the two Star Alliance members will broaden flight choices for travellers, enabling seamless journeys to their desired destinations by
Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the helm after Knittel’s tenure as the region’s top executive since 2018. Hayes brings
Textron Aviation has supplied the first two of potentially 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by the Naval Air Systems Command (NAVAIR) on January 25, 2023, after a comprehensive competitive process. The Beechcraft King Air, crafted and manufactured by Textron Aviation Inc., a subsidiary of Textron, is the focal point
Honeywell has launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing AI and machine learning (ML) to assist commercial aerospace manufacturing and MRO facilities in modernising production and reducing operational costs through digitalisation. This addition to the Honeywell Forge suite further underlines Honeywell’s alignment with the megatrends of advancing automation and the future of
Elbe Flugzeugwerke GmbH (EFW), an expert in Airbus passenger-to-freighter (P2F) conversions, and MRO Japan (MJP), a prominent player in Japan’s aerospace maintenance repair and overhaul sector, have announced a memorandum of understanding (MOU) to collaborate on passenger-to-freighter (P2F) conversions. Under the MOU, MJP will serve as a subcontractor for EFW in P2F conversions and offer
Harbour Air, North America’s largest seaplane airline, has signed a Letter of Intent (LOI) with magniX to acquire 50 magni650 electric engines. magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet, commencing with the De Havilland DHC-2 Beaver in 2026. The magni650s will also be employed for third-party conversions. This agreement
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