First Take, June 5, 2023

By Graham Warwick Jun 02, 2023
Our roundup of the main aerospace and defense stories making the news this week. Primary Category: AEROSPACE
Aerospace

Lufthansa Takes Minority Stake In ITA Airways

By Jens Flottau May 25, 2023
The deal was announced following a delay of several months and after a previous attempt to privatize ITA failed.
Airlines & Lessors

Airlines Hope Strong Demand Holds Steady After A Busy Summer

By Helen Massy-Beresford May 18, 2023
No immediate slowdown in robust demand is in sight, carriers say.
Airlines & Lessors

Western Airlines See Competition Threat In Chinese Ramp-Up

By Helen Massy-Beresford May 17, 2023
Russian airspace closure represents a threat to competition as traffic flows return.
Airlines & Lessors

MRO Memo: Operators Feel Impact Of GTF Issues

By Alex Derber May 16, 2023
Some operators have been impacted by issues relating to the GTF engine family over the past year.
Aircraft & Propulsion

ITA Airways Negotiations Held Up By Legal Questions

By Jens Flottau May 16, 2023
Lufthansa and the Italian government are still working on a deal for the privatization of ITA Airways as they work through potential Alitalia legacy legal risks
Airlines & Lessors

PW1000G Engine Durability Problems Wreak Havoc On Airline Schedules

By Sean Broderick May 16, 2023
A large number of Airbus A320neos, A220s and Embraer E2 aircraft are parked as Pratt & Whitney struggles with retrofits and engine supply.
Aircraft & Propulsion

EU Court Rules Against Lufthansa, SAS Aid Packages

By Jens Flottau May 10, 2023
Lufthansa had been approved to receive a total of €9 billion ($9.9 billion) in state aid in various forms.
Safety, Ops & Regulation

LHT Recovery Continues Despite Cost Rises

By Alex Derber May 05, 2023
First-quarter revenue was up 16% year on year to €1.54 billion.
Services & Support

Leisure Rebound Exacerbates Seasonality For Lufthansa Subsidiaries

By Victoria Moores May 03, 2023
Lufthansa Group carriers Austrian Airlines, Brussels Airlines and Swiss International are gearing up to carefully manage the summer peak.
Airlines & Lessors

Engine Shortage Forces Lufthansa Group To Ground A Third Of Its A220s

By Jens Flottau May 03, 2023
Lufthansa CEO Carsten Spohr expects engine shortages will continue to significantly affect the group’s airlines, particularly Swiss.
Aircraft & Propulsion

Lufthansa Expands India Service, Eurowings Confirms Dubai Return

By David Casey Apr 28, 2023
Lufthansa is expanding its footprint in India and adding more Airbus A380 service, while subsidiary Eurowings will return to Dubai after seven years away.
Airports & Networks

Routes In Brief: Rolling Daily Updates (W/C April 24, 2023)

By David Casey Apr 28, 2023
The latest new route announcements, schedule changes and codeshares.
Airports & Networks

Daily Memo: A Look At Different Scenarios For European Airline Consolidation

By Jens Flottau Apr 27, 2023
If antitrust concerns in Brussels scupper the takeover deals dreamt of by the big three European airline groups, other paths are available.
Airlines & Lessors

Lufthansa, ITA Extend Deadline For Exclusive Negotiations

By Jens Flottau Apr 25, 2023
Pricing is turning out to be a sticking point as negotiations between Lufthansa Group and the Italian government drag out.
Airlines & Lessors

Pilot Union VC Merges Lufthansa Group Negotiating Teams

By Jens Flottau Apr 24, 2023
The move, once implemented, greatly increases pressure on the airline to seek ways to come to agreements with its pilots.
Airlines & Lessors

North Macedonia: Lufthansa, Wizz Air Secure Subsidies

By David Casey Apr 20, 2023
Five routes will be launched from Skopje International Airport to European destinations as part of the subsidy scheme.
Airports & Networks

Austrian Airlines Confirms 10 Boeing 787-9s Arriving For Long-Haul Fleet Refresh

By Kurt Hofmann Apr 19, 2023
Delivery of the first Boeing 787-9 to Austrian Airlines is expected in early 2024.
Airlines & Lessors

Austrian Airlines Targets 787s For Fleet Refresh, More A320neos

By Kurt Hofmann Apr 18, 2023
Austrian Airlines' chief operating officer says the flag carrier is hoping to receive Boeing 787s from Lufthansa Group and also replace aging Airbus A320s.
Airlines & Lessors

First Lufthansa A380 Returns To Munich Hub; Pilot Training On Plan

By Kurt Hofmann Apr 12, 2023
Lufthansa transferred its first Airbus A380 from its maintenance base in Frankfurt to its second hub in Munich on April 12. 
Airlines & Lessors

Lufthansa Sells Rest Of Catering Arm LSG Group

By Jens Flottau Apr 05, 2023
Lufthansa has agreed to sell the remaining part of airline catering specialist LSG Group to private equity firm Aurelius Group. 
Airlines & Lessors

Lufthansa, Pilot Union Near Next Major Conflict

By Jens Flottau Apr 03, 2023
Lufthansa and its pilot union Vereinigung Cockpit (VC) are nearing their next major dispute, after confidential talks spanning several months failed last week.
Airlines & Lessors

European Carriers Anticipate Robust Summer Travel Demand

By David Casey Apr 03, 2023
Europe’s airlines expect strong summer demand, but challenges remain.
Airlines & Lessors

Podcast: Analyzing The Potential Sale Of A Stake In Lufthansa Technik

By Jens Flottau Apr 03, 2023
Lufthansa Technik is looking for a second shareholder and expects to make a decision by mid-year. Why is it considering this and who could it be?
MRO Podcast

Lufthansa-ITA Deal Would Increase Competition In Italy, Spohr Says

By Kurt Hofmann Mar 29, 2023
ITA Airways, however, has just posted a net loss for 2022 of approximately €486 million ($526 million).
Airlines & Lessors