GE AEROSPACE was selected by Avolon to implement Asset Transfer System (ATS) to provide real-time visibility and access to maintenance records via user-friendly digital interface, an enhanced OCR search, and third-party collaboration.
AIR FRANCE-KLM GROUP had €165m net profit on €7.9b revenues in 2Q24 vs €612m on €7.6b in 2Q23; both traffic and capacity were up 4.1% for 88% PLF. AIR FRANCE GROUP earned €195m vs €481m; KLM GROUP earned €260m vs €263m.
SOUTHWEST had $367m net profit on record $7.4b revenues in 2Q24 vs $683m on $7.1b in 2Q23 and announced it is switching to assigned seats and will offer premium seating options. It expects to receive 20 737s in '24 vs 85 scheduled.
Abra Group, the main shareholder of Colombian airline Avianca and Brazilian LCC Gol, has signed a memorandum of understanding for five Airbus A350-900s.
The 2025 Paris Air Show will feature an increased emphasis on the space sector and advanced air mobility, with the Careers Plane and Paris Air Lab also set to reappear.
Air France-KLM has reduced its capacity growth outlook for the full year and says the Olympic Games have had a €40 million impact on its Q2 operating margin.