Air Transport

LOT POLISH AIRLINES took delivery of its first (124) of three E195-E2s on lease from Azorra.

AERCAP had $448m net income on $1.96b revenues ($1.6b lease rentals) in 2Q24 vs $497m on $1.92b in 2Q23 and ended quarter with owned/managed/committed fleet of 3,492 aircraft, engines and helicopters vs 3,467 a year ago.

AELF purchased ex-Comair 737-800 (40972) from entity controlled by Nedbank for lease to FLYSAFAIR.

DELTA AIR LINES is estimating costs relating to CrowdStrike-Microsoft global tech outage in July will total $500m, which includes lost revenues, plus compensation and hotel costs, over the 5-day period. It plans to seek damages.

“This model ... did what it was meant to do, which is it proved the aerodynamics of the nose activating take-off gear,” says JetZero CEO Tom O’Leary.

Spirit Airlines sees value ahead from a transformation of its traditional ULCC model, while continuing to cut costs across the operation.

Transport Canada issued an emergency airworthiness directive requiring detailed visual inspections of Airbus A220-100/300 main landing gear.

Some European airlines are suspending flights or extending existing suspensions amid rising tensions between Israel and Iran.

International Airlines Group (IAG) is abandoning its plan to take over Spanish airline Air Europa, which it hoped would help it boost its Madrid hub.

Prior to the grounding, Arik Air was the fourth-largest provider of domestic capacity in Nigeria with a 7.6% share of the market.

The European Commission has placed what ACI Europe describes as “severe restrictions” on the use of the latest generation cabin baggage scanners.

Royal Jordanian is moving forward with its fleet renewal strategy despite a reduction in inbound leisure passengers due to the Israel-Hamas war.

The self-service function covers the end-to-end processes of online check-in, travel document verification, bag drop, entering the security area, and boarding.

The advancement of business aviation in Africa is a focus at the 8th Aviation AFRICA Summit & Exhibition following the co-location AfBAA Symposium and AGM.

Wizz Air posted a dramatic drop in quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings.

Governments need to understand that airlines must be able to attract investors.

Rolls-Royce has begun flight tests of a major upgrade to the Trent 1000 engine powering some Boeing 787s.

A selection of new routes starting in August, including plans by T’Way Air, Hainan Airlines and Air India to grow their European networks.

MTU Aero Engines reports that the time in shop to overhaul some PW1000G geared-turbofan engines has fallen below 100 days.

United Airlines has agreed to buy up to 1 million gallons of sustainable aviation fuel from Neste this year for use at Chicago O’Hare International Airport.

The carriers are considering new product options to adapt to a changing environment.

Thirty organisations and ten individuals have been recognised in this year’s edition of the Routes World Awards. Meet our finalists!

Boeing is anticipating certification of all three in-development aircraft by the end of 2025 and expressing confidence in near-term production-ramp estimates.

Boeing CFO Brian West indicated that the troubled airframer and large defense prime will see another year full of red ink when 2024 results are reported.

REX, Australia entered voluntary administration with Ernst & Young Australia. All regional flights (Saab 340) are still flying as scheduled, but all domestic flights (737s) between major cities have been cancelled with aircraft grounded.