MTU Aero Engines has opened a new manufacturing hall in Munich. The building is 34 metres tall - the tallest at the site - and covers 14,000 square metres. ""With this building, we are opening the ...
Norwegian Air Shuttle ASA posted a strong operating profit of NOK 593 million ($55.2 million), beating market expectations, in its second quarter results. It was down 9%, though, from its second quart...
Lufthansa Group has cut its full year earnings guidance following a market-related decline in yields and challenges posed by delayed aircraft deliveries. It adjusted its previous EBIT estimate of €2.2...
SITA has completed the regulatory formalities and legal procedures to acquire software company Materna IPS. The acquisition aims to accelerate the digitisation of the aviation industry, including stre...
Professional services firm Aon Ireland has launched a new division in Ireland with a specialist aviation division. The team of aviation and insurance specialists will help organisations across the sec...
Global air cargo demand dropped around 5% in the first week of July, compared to the previous week, largely due to the impact of the US Independence Day holidays, according to WorldACD market data. Ho...
The first commercial hydrogen flights could come as early as 2028, according to studies from the Chalmers University of Technology in Sweden. Chalmer's competence centre for hydrogen research TechForH...
Global law firm Reed Smith has advised IAT Leasing on its first transaction on behalf of funds managed by Taconic Capital Advisors.IAT is a Dublin-based independently owned operating leasing platform ...
Aircraft Leasing & Management (ALM), a wholly owned subsidiary of Fuyo General Lease (Fuyo) has delivered an Airbus A321-200neo aircraft to Frontier Airlines (Frontier). The aircraft bearing registra...
Air France-KLM and SAS have signed codeshare and interline agreements applicable to Air France, KLM and SAS. These agreements also cover reciprocal loyalty program benefits. They will enter into...
Jet2 has exercised its remaining 36 options for Airbus aircraft. The UK airline now has a firm order backlog of 146 A321neos delivering from last year out until 2035. Jet2 chairman, Robin Terrell,...
The UK Civil Aviation Authority (CAA) has capped London Heathrow’s landing fees at £23.73 per passenger in 2025 and £23.71 per passenger in 2026. The new charges are a 6% decrease on the cap decision ...
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