Lufthansa shares fell by 11.5% this morning at the open after the German flag carrier lowered its profit outlook for 2019 from €2.4-3bn to €2-2.4bn, citing price competition from low-cost rivals. In a...
Boeing and International Airlines Group (IAG) have signed two agreements that will provide key services for IAG's British Airways, including parts for the airline's Airbus A320 family and its Boeing 7...
CAE and Air Europa have announced an extension of CAE’s exclusive long-term pilot training contract with Air Europa for five more years. Under the terms of the agreement, Air Europa's Airbus A330 and ...
SMBC Aviation Capital has announced it has selected Pratt & Whitney GTF engines to power an additional 20 A320neo family aircraft with options, bringing the leasing company's total to 50 firm GTF-powe...
Nordic Aviation Capital has delivered one new ATR 72-600 to Air KBZ on lease. ...
Virgin Atlantic has announced a firm order for 14 Airbus A330-900neos, with an additional six as options. The order, valued at $4.1billion, is a crucial step in Virgin Atlantic’s fleet transformation ...
Airbus has launched the A321XLR to complement its best-selling A321neo Family - aiming to bring 30% lower fuel burn per seat than previous generation competitor aircraft. Starting from 2023, the aircr...
GKN Aerospace has signed an agreement between its subsidiary GKN Fokker Elmo and Pratt & Whitney to continue the design, supply, and support of electrical wiring interconnection systems for more than ...
Air Lease Corporation (ALC) has signed a letter of intent for 100 Airbus aircraft which includes 50 A220-300s and 27 A321XLRs. The agreement also includes an incremental order for an additional 23 A32...
OpenAirlines, provider of fuel efficiency solutions, has announced a partnership with Transavia who will become the research and development partner for SkyBreathe OnBoard, a eco-flying solution that ...
Frankfurt Airport (FRA) has reported that it welcomed 6.2 million passengers in May 2019, an increase of 1.4% year-on-year. Aircraft movements in May 2019 climbed by 1% to 46,181 takeoffs and landings...
Nordic Aviation Capital has announced the appointment of a new chief financial officer, effective September 2019. Alan Jenkins will assume the role and will report to the company's chief executive off...
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