Carsten Spohr has been CEO at Lufthansa Group, a company that includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and regional carriers, since 2014.
RTX leaders sought to snuff out financial concerns over its ongoing GTF engine problems Oct. 23 as they unveiled relatively expected financial results.
Europe will generate 24% of the projected global total MRO spend of $1.2 trillion from 2024-2023, Aviation Week’s new Commercial Fleet and MRO Forecast shows.
CEOs of large aircraft leasing companies are bullish about their sector’s outlook, despite much higher interest rates and continuing supply chain disruptions.