LOT Polish Airlines reported a profit of PLN 113.7 million for 2022, along with revenues exceeding PLN 8.3 billion. The General Shareholders Meeting approved the Company’s financial statement for 2022...
Record-breaking orders from India significantly added to Airbus’ June orders totalling to 1,044 in the first half (H1) of 2023 as per the latest Airbus report. Airbus booked orders for 500 aircraft fr...
Rolls-Royce and Ethiopian Airlines inked a TotalCare service agreement for Rolls-Royce Trent XWB-97 engines that will power four new Airbus A350-1000 aircraft. As a part of the agreement, Rolls-Royce ...
In an attempt to improve airspace management in Europe avoid unnecessary detours and fly more sustainably, Lufthansa Group is investing in a new technology for transmitting flight path information in ...
Lufthansa Cargo has promoted Frank Bauer as the new Chief Financial Officer and Chief Human Resources Officer effective August 1, 2023. Christian Leifeld will take over responsibility for Controlling ...
The global passenger traffic for May 2023 rose to 39.1% as compared to May 2022 and 96.1% as compared to May 2019, according to the latest figures released by the International Air Transport Associati...
Haffner Energy has launched the SAFNOCA, an integrated solution that unlocks the pathway for the massive production of competitive sustainable aviation fuel (SAF). Haffner claims that its patented tec...
In a key milestone, Lilium has successfully completed the fourth and final Design Organization Approval (DOA) audit by the European Union Aviation Safety Agency (EASA). EASA grants DOA holders’ specia...
Icelandair has placed a firm order for 13 A32XLR making the airline a new Airbus customer. The airline is also planning to lease four A321LRs. Airbus claims that with its extra-long range, the A321XLR...
Founder and owner of Jet2, Philip Meeson is planning to step down as executive chairman of the Group. Meeson is set to move to the role of non-executive chair by the end of this year and remain in tha...
AerCap signed 124 lease agreements, including 18 widebody aircraft, 77 narrowbody aircraft, 11 engines and 18 helicopters during Q2 of 2023. The lessor also completed the purchases for 22 new aircraft...
Leisure airline Jet2 returned to profit in the FY ending March 2023 with a pre-tax profit of £371 million from a £388.8m loss in 2021-2022. The airline posted an increase in revenue from £1.23 billion...
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