AerCap has reported strong financial results for the third quarter of 2024, buoyed by demand for aircraft and gains on aircraft sales. The world largest aircraft lessor has reported adjusted net incom...
MTU Aero Engines has announced today that chief executive Lars Wagner has decided not to extend his contract, which is set to conclude on December 31, 2025. MTU said that Wagner is set to take on a ne...
The UK Government has committed nearly £1 billion ($1.29 billion) in funding for the aerospace sector in its autumn budget on October 30, 2024. On one hand, the new Labour government has pledged to dr...
Asset manager and aircraft lessor Falko has acquired 11 Embraer E-Jets from Nordic Aviation Capital (NAC) as part of a sale and purchase agreement signed with the lessor in March. The 11 aircraft are ...
KfW IPEX-Bank has contributed to a recently closed €170 million financing facility to support equipment for Swissport.ABL Aviation had originally financed the €170 million worth of ground support equi...
Finnair has refurbished its first Embraer cabin as the airline plans to overhaul the interiors of its entire fleet of 12 Embraer aircraft by the second quarter of 2026.The airline’s Embraer fleet oper...
Austrian Airlines is set to begin a new European service to Edinburgh during the summer period of 2025. The airline will operate three services a week to the Austrian city, operated by the airline’s A...
Finnair has altered its full year guidance for the year, with the airline now expecting comparable earnings before interest and taxes (EBIT) in the range of €120 - €170 million ($130-$184 million), in...
Spanish flag carrier Iberia has taken delivery of its first A321XLR, becoming the launch operator of the world’s newest single-aisle aircraft.The aircraft, powered by CFM LEAP-1A engines, will be oper...
Avolon has reported a strong third quarter of the year with the company noting promising financial and operating figures for the three-month period between July and September. The lessor has recorded ...
Lufthansa Group has reported an operating profit of €1.3 billion for the third quarter following a strong summer travel season. Revenue was the “strongest in the company’s history” at €10.7bn up 5% ov...
Lufthansa Cargo has commenced a new transpacific service from Ho Chi Minh City to Los Angeles. The service began on October 27, 2024, with the first flight being operated by its JV subsidiary AeroLogi...
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