In the first quarter of 2024, Air France-KLM Group saw a notable increase in passenger numbers, welcoming 20.9 million travellers, marking a 6.2% rise from the previous year. With capacity expanding by 4.5% and traffic growing by 5.0%, the load factor experienced a slight uptick of 0.4 points compared to the previous year. However, despite
The U.S. Air Force has awarded Boeing a US$178 million contract to produce seven MH-139A aircraft and provide sustainment and training support, bringing the total number of aircraft under contract to 26. “Building the Grey Wolf fleet and paving the way towards full rate production is a critical step in supporting the Air Force’s modernisation
Collins Aerospace has appointed Phill Godfrey as Chief Sustainability Officer (CSO), succeeding former Collins CSO LeAnn Ridgeway upon her retirement. In his new capacity, Godfrey will spearhead the implementation of sustainable strategies across Collins’ six strategic business units. Collins is pioneering innovative sustainable technologies such as hybrid-electric propulsion, lighter and more efficient aircraft systems, and
ACIA Aero Leasing (ACIA), a regional aircraft lessor, has reported the delivery of the first of two ATR 72-500 bulk freighters to Thailand’s newest airline, Pattaya Airways. Pattaya Airways received the aircraft (MSN745) earlier in April 2024, with the second (MSN742) scheduled to be delivered this May. “We are very pleased to be entering a
Boeing has closed a deal with GKN Aerospace St. Louis and its parent company, Melrose Industries, to continue the manufacturing of critical components that support the U.S. government and its allies. The agreement between Boeing and GKN immediately transitions the St. Louis site’s capabilities and operations in support of the F/A-18 and F-15 programmes to
SkyTeam and SAS have officially signed an Alliance Adherence Agreement (AAA), serving as an important step toward SAS’ official entry into the global airline alliance. SkyTeam and SAS are committed to ensuring a seamless transition for all customers. From September 1, 2024, SAS will officially become a part of SkyTeam, enriching the alliance with the
Pratt & Whitney has been awarded an F100 engine contract for a material management programme by Saudi Arabia’s Middle East Propulsion Company (MEPC), the prime contractor of the Saudi Ministry of Defence for F100 engine sustainment services. The maintenance contract, valued at US$65.8 million, supplies spare parts and engine services in support of the Royal
Honeywell has been selected by Lilium to supply propulsion unit position sensors for the company’s Lilium Jet. Honeywell designed these sensors, known as “resolvers,” specifically for the needs of the Lilium Jet. The sensors will play a critical role in accurately sensing the engine’s position, ensuring that the jet can safely reach the exact position
Embraer has unveiled its plan to invest approximately US$390 million and recruit 900 additional employees in the current year in Brazil. The announcement was made during the visit of the President of Brazil, Luiz Inácio Lula da Silva, to the company’s headquarters in São José dos Campos. The objective is to meet increased aircraft production
Spairliners, a joint venture between Lufthansa Technik and Air France Industries KLM Engineering & Maintenance, has announced the appointment of Abdelouahab El Fettouhi as its new Managing Director and CEO, commencing from March 1, 2024. He joins Michael Vollrath, who continues as Managing Director and Chief Financial Officer, as they co-lead the executive board of
IBC Advanced Alloys has announced its strategic shift towards its profitable Copper Alloys division in Franklin, Ind., while ceasing production this summer at its Massachusetts beryllium-aluminium alloy plant due to insufficient long-term demand for cast beryllium-aluminium alloy products. This move is anticipated to bolster free cash flow, enhance gross margins and steer the company towards
IndiGo, India’s leading airline, has finalised a firm order for 30 A350-900 aircraft, marking a significant expansion opportunity for IndiGo to broaden its network and connect various Indian metros to destinations worldwide. These aircraft will be equipped with Rolls-Royce Trent XWB engines, combining mission capability with the efficiency of the Trent XWB engine to provide
American Airlines (American) has achieved record first-quarter revenue of approximately US$12.6 billion. However, it reported a net loss of US$312 million. Excluding net special items, the net loss was US$226 million. Despite challenges, American Airlines Group attained its best-ever first-quarter completion factor. It generated operating cash flow of US$2.2 billion and free cash flow of
In a significant advancement for VoltAero’s Cassio e-aircraft family, the company has commenced certification testing for the five-seat Cassio 330’s parallel electric-hybrid powertrain. The powertrain, mounted on a ground-based test bench, incorporates crucial components for the series production of Cassio 330s: Safran Electrical & Power’s ENGINeUS™ 100 smart electric motor and Kawasaki’s four-cylinder high-performance thermal
GD Helicopter Finance (GDHF), a newly established helicopter leasing and finance firm headquartered in Dublin, Ireland, has finalised a deal with Airbus Helicopters and GDAT for up to 20 H175 helicopters. The agreement comprises ten firm orders and ten options, with GDHF set to market these H175 helicopters to clients in the energy, search and
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