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...
Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe for a cash consideration of NOK 1,125 million. The purchase price is subject to certain adjustments after closing, includi...
Avolon carried out 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in the second quarter (Q2) of 2023, according to its latest trading update. The lessor si...
Wizz Air carried 5.3 million passengers in June 2023 recording a 22.5% increase as compared to same time last year, at a load factor of 92.2%. The airline recently released its traffic figures for Jun...
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