IAG reports strong profit surge in 2023
International Airlines Group (IAG), owner of airlines such as Aer Lingus, British Airways Iberia, and Vueling, has seen its full year profit after tax surge from €431 million ($467.48 million) in 2022...
International Airlines Group (IAG), owner of airlines such as Aer Lingus, British Airways Iberia, and Vueling, has seen its full year profit after tax surge from €431 million ($467.48 million) in 2022...
Air France-KLM Group has reported a 5.7% increase in its operating result for the full year 2023, totalling €1.7bn ($1.86bn). Its revenues were up 14% year-on-year to €30bn ($32.5bn). The Group’s 2023...
Airbus Helicopters and LCI have unveiled a new Flight Path partnership which intends to address long-term capacity, sustainability and financing requirements; building upon a 20-year relationship betw...
Portuguese maintenance provider MESA is to expand its service portfolio after receiving two new certifications from Portuguese civil aviation authority ANAC. The MRO provider, based in Lisbon and B...
Global helicopter leasing specialist The Milestone Aviation Group has signed lease agreements for two Leonardo AW139 helicopters with Norwegian helicopter operator Lufttransport. “We are very pleas...
Safran Aircraft Engines will create a new foundry works facility in Rennes, Brittany. The facility will manufacture turbine blades for the defence sector’s M88 and the commercial CFM International LEA...
Frequentis DFS Aerosense has been awarded a contract to install a virtual tower validation system at Munich Airport, following an international tender. The initial phase of the project will determi...
The Lufthansa Group’s newest subsidiary, Lufthansa City Airlines, has confirmed its first destinations prior to the launch of operations in summer 2024. The airline will initially serve Hamburg, Br...
Embraer-X, Embraer’s ‘incubator and market accelerator’ of emerging technologies, is to collaborate with Hamburg-based Sustainable Aero Lab. The two will work together to support green initiatives to ...
Leonardo and UK-based company Sloane have signed preliminary sales contracts for nine AW09 single engine helicopters, and new orders for two AW109 Grand New and two AW109 Trekker twin engine aircraft....
Universal Hydrogen has successfully run a megawatt-class powertrain using its proprietary liquid hydrogen module to supply the fuel: the largest fuel cell powertrain ever to run on liquid hydrogen. It...
The UK Civil Aviation Authority (CAA) has announced the first companies selected to participate in the Hydrogen Challenge Sandbox, with Cranfield Aerospace Solutions (CAeS), Exeter Airport Consortium ...
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