Lufthansa targets saving millions from digitizing technical operations and carving out certain engineering and maintenance functions from Lufthansa Technik.
By Joe Anselmo, Christine Boynton, Jens Flottau, Daniel Williams
Watch as Aviation Week's team discuss the difficulties many U.S. airlines face in refreshing their regional jets with the latest technology—does this open the door for a novel hybrid-electric venture and perhaps even a turboprop comeback?
By Joe Anselmo, Christine Boynton, Jens Flottau, Daniel Williams
Labor contracts prohibit many U.S. airlines from refreshing their regional jets with the latest technology. Does this open the door for a novel hybrid-electric venture—and perhaps even a turboprop comeback?
Singapore and Argentina signed an open skies agreement, eliminating restrictions on air service and potentially jump-starting flights between the two countries.
ASHLAND PLACE announced its APL Finance 2025-1 ABS will issue $414.4m of notes backed by 13 narrowbodies, eight freighters, two widebodies and three narrowbody engines on lease to 15 lessees located in 13 jurisdictions.
SPIRIT AIRLINES secured up to $475m in DIP financing from existing bondholders and obtained another $120m of liquidity to support normal business operations during its restructuring. It also announced AERCAP agreed to pay Spirit $150m and allow Spirit to reject leases on 27 aircraft, resolving all claims and disputes between companies, reducing operating costs by hundreds of millions of dollars, and providing for the future delivery of 30 A320neo Family aircraft.
BRAVODELTA AERO-OPS was formed by Bryson Monteleone and Philip Carey to provide specialized transactional support for challenging aircraft trades, including mainline pax/freighter aircraft, business jets and military derivatives.