HEICO Corporation had a strong fiscal third quarter as its revenue rose 27% to a record $722.9 million and operating income increased 16% to $149.4 million.
While Lufthansa and its pilots have finally agreed on a new collective bargaining agreement, many structural issues around Lufthansa's pilot workforce remain.
A European Commission spokesperson told Aviation Week "the funding will go [to] ... SAF production, feasibility studies and assistance with ... certification."