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.
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.
LUFTHANSA GROUP had €469m net income on €10b revenues in 2Q24 vs €881m on €9.4b in 2Q23; however, it launched comprehensive turnaround program after posting €427m loss in 1H24 due to negative market development in Asia-Pacific, inefficiencies in Lufthansa and CityLine flight operations, significant delays in aircraft deliveries affecting fleet management and increasing maintenance costs for older aircraft still in service, and new collective labor agreements.
Lufthansa Airlines' long-haul fleet will be streamlined by decommissioning its Airbus A340-300, A340-600, A330-200 and Boeing 747-400 sub-fleets by 2028.
