MTU Maintenance secured around $4.4 billion in MRO contract wins during 2018, surpassing the 4 billion mark for the first time in its history. Over 300 contracts were signed in 2018, of which 46 were ...
Maleth Aero, based in Malta, has added its first widebody aircraft to its Air Operators Certificate. Airbus A340-642 s/n 1030, registered as 9H-PGS and configured with 8 First, 32 Business and 276 Eco...
In the first two months of 2019, Aeroflot Group carried 8.2 million passengers, up 15.8% year-on-year. Aeroflot airline carried 5.4 million passengers, a year-on-year increase of 14.6%. Group and Comp...
Russian carrier, Red Wings, is reported to have cancelled plans to lease the Airbus A220-300 while it undergoes a revised fleet development strategy, which also includes the retirement of its Tupolev ...
Air Malta has reported an operating profit of €1.2 million for the year ended March 2018 compared to an operating loss of €10.8 million in the previous period. When non-recurring items are taken into ...
In February, airBaltic carried over 35 000 passengers to and from Tallinn Airport, more than any other airline. The company’s market share has reached 19%, an improvement by four percent-points compar...
Rolls-Royce successfully tested the hybrid version of the M250 gas turbine in a ground demonstration setting in three operating modes: Series Hybrid, Parallel Hybrid and Turbo-Electric. The M250 hybri...
Gazpromneft-Aero, the aviation-fuel business operator of Gazprom Neft, achieved more than 2.7 million tonnes of retail, or ‘wing-tip’, sales in 2018, which was 11% higher than in 2017. The total volum...
Icelandair Group has entered into a $80 million loan agreement with an Icelandic financial institution. Ten of the company’s Boeing 757 aircraft will be encumbered as a security for the repayment of t...
For airlines, the direct cost for grounding the 737 MAX 8/9 Fleet will be in the region of $150,000 per day per aircraft grounding, according to IBA. IBA calculates the direct costs from the grounded ...
The Thomas Cook Group Airline is taking delivery of two additional Airbus A321 aircraft, which will be added to the Condor fleet for the 2019 summer flight schedule. The jets will be in service for Th...
Air Italy is leasing an A319 from Bulgaria Air to replace its 737 MAX 8 that has been grounded by regulators. “With the grounding of our [737 MAX 8] aircraft, it was vital to find alternative aircraft...
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