FedEx Express is permanently retiring 22 Boeing 757-200s, as it works to modernize the fleet and better align capacity with current and anticipated demand.
Breakthrough Energy, a consortium of aviation stakeholders including seven airlines, is seeking EU funding for a large-scale contrail mitigation trial.
Southwest’s lowered guidance occurs after investor Elliott Investment Management recently invested $1.9 billion in the airline for an 11% stake in the company.
Administrators for bankrupt Australian airline Bonza recommend that it be liquidated, and they have also signaled that directors may have violated trading laws.
Liquid hydrogen (LH2) may be the promised panacea for aviation’s journey to net-zero, but getting there is going to be tough—particularly for the engine-makers.
For U.S. passenger operators, their $7.8 billion 2023 net profit was $6 billion above 2022’s performance, but still considerably under 2019's $14.8 billion.
LUFTHANSA CITY AIRLINES launched operations (Munich-Birmingham) with an A320neo; it plans to add a second aircraft, A319, on July 27. After the first five aircraft of the Airbus A320 family, its fleet will be expanded to at least eight more A320neos and further A319s in the coming year; delivery of 40 new A220-300s on order is planned to start in 2026.
HAMBURG COMMERCIAL BANK (HCOB) closed its first primary transaction, providing a senior secured structured financing for JP Lease Products & Services (JLPS) in respect of four mid-life A320-200s on lease to a Latin American carrier.
