The Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) signed a declaration of intent to continue to “foster and enrich” its partnership to support safe and secure ...
CDB Aviation has delivered a A321neo aircraft to KLM Royal Dutch Airlines, the lessor said in a LinkedIn post on December 10, 2024.The delivery is the second of three A321neo aircraft to be delivered ...
TUI has reported robust results for the 2024 financial year, ending on September 30, 2024.The travel company reported growth within its consolidated group results, with revenue totalling €23.2bn ($24....
Deucalion Aviation has delivered one A321-200 to Turkish Airlines on a long-term operating lease as of December 2, 2024. Jon Skirrow, chief executive officer at Deucalion noted that the transaction wa...
Iberia Maintenance has obtained the capabilities to carry out maintenance on the wheels and brakes of the A321XLR.The aircraft type joined the Spanish carrier’s fleet in November, with Iberia being th...
The first Trent 1000 engine, scheduled for maintenance, repair and overall (MRO), has arrived at Rolls-Royce’s facility in Dahlewitz, Germany.This follows a pledge by the company to invest £55 million...
In a financial outlook for the global airline industry during 2025, IATA has forecast a “slight strengthening” of profitability, amid ongoing industry cost and supply chain challenges.Total industry r...
IATA has reported that $1.7 billion in airline funds are blocked from repatriation by governments, as of the end of October 2024.This is a small improvement compared to the $1.8 billion in blocked fun...
Low-cost Icelandic carrier PLAY airlines carried 99,393 passengers during November, reflecting a 17% reduction in traffic in comparison to the same period of last year.The airline has cited this re...
Phoenix Aviation Capital and AIP Capital have closed a $240 million term loan facility.The facility is intended to be used to finance the acquisition of six next-generation aircraft assets on long-ter...
Lufthansa Technik has invested in a new 54,000 square metre facility in Portugal.The facility is set to expand the company’s capacity for the repair of engine parts and aircraft components. The Luftha...
French company Elyse Energy has secured €120 million ($126.8 million) from Hy24, PGGM, Bpifrance and Mirova to accelerate the development of its e-methanol and sustainable aviation fuel production pro...
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