Lufthansa Technik Group (LHT) increased revenue 3.8% to €4.3 billion ($4.6 billion) in fiscal 2014, due to a large modification program for Lufthansa aircraft.
Hong Kong Aircraft Engineering Co. (HAECO) Group posted a HK$573 million profit (attributable to the company’s shareholders) in 2014, down 8.3% from HK$625 million in 2013.
Aircelle has formally opened the Aircelle Services Americas (ASA) facility at Indianapolis, Indiana, to perform MRO for jet engine nacelles across North and South America.
Monarch Aircraft Engineering Ltd. (MAEL) has been contracted to provide MRO at Boeing’s new facility at Copenhagen International Airport to support GoldCare customers in the region.
SIA Engineering Co. (SIAEC) has entered into an agreement with Airbus to provide maintenance and engineering training services for Airbus aircraft in Singapore.
US airlines ranked by mishandled baggage reports per 1,000 passengers, lowest to highest; contrasted with reports from the previous month, and the year-ago month.
Air Madagascar has ordered three ATR 72-600 turboprops in a deal worth approximately $77 million, and is leasing two more of the type from Ireland-based Elix Aviation Capital.
Hong Kong flag carrier Cathay Pacific Airways saw significant growth in both passenger numbers and load factors in February, mainly attributed to a travel surge driven by an unusually late Chinese New Year travel period.
Japanese low-cost carrier (LCC) Peach Aviation has unveiled plans to open a new base in Sendai, just a month after revealing its intention to add a hub at Tokyo’s Narita International Airport.
Boeing Commercial Airplanes president and CEO Ray Conner continued to lobby on behalf of a long-term reauthorization of the US Export-Import Bank (Ex-Im), saying elimination of Ex-Im financing for commercial aircraft would have a seriously negative impact on Boeing and the US economy.
American Airlines CEO Doug Parker today said the airline subsidy evidence against Qatar and the United Arab Emirates was “overwhelming” and “unprecedented.”
Monthly percentages of total flight cancellations, per reporting airline. Ordered from lowest percentage of total flight operations canceled to highest.
Lufthansa’s pilot union Vereinigung Cockpit (VC) has called for a strike Wednesday and Thursday, the latest in a series of ongoing protests over transition payments for early retirees.
Etihad Airways president and CEO James Hogan has made his first public comments on the growing campaign by the three largest US carriers against the three Gulf airlines they say operate on the basis of unfair government subsidies.
Europe’s aviation regulations may expand to cover ground handling service providers and could permit countries to pool resources for highly technical tasks like certification and continued airworthiness, a European Aviation Safety Agency (EASA) opinion on how its rules should evolve suggests.
US airlines on-time performance, ranked by percentage of flight arrivals on-time at all reporting airports at which these carriers operate, contrasted with the previous month's performance, and the year-ago month's performance.
The US will see “a competitive and profitable aviation industry characterized by increasing demand for air travel and airfares growing more slowly than inflation, reflecting over the long term a growing US economy,” FAA said in its Aerospace Forecast for fiscal years 2015-2035.
JetBlue Airways and Silver Airways have entered into a codeshare agreement under which JetBlue will put its B6 code on 70% of Silver’s 700 weekly intra-Florida flights.
The International Association of Machinists & Aerospace Workers (IAM) has filed a petition with the National Labor Relations Board (NLRB) to hold an election for more than 2,400 production employees at Boeing’s South Carolina facility in North Charleston.
