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."
The top air cargo service provider in Africa, Ethiopian Cargo and Logistics Services, is building Africa’s largest e-commerce hub at a cost of $50 million at its facility in Addis Ababa.
International passenger carriage figures for Air China, China Eastern Airlines and China Southern Airlines are still down compared to pre-pandemic levels.