Lufthansa Group generates profit of 2.7 billion euros
FRANKFURT – “The Lufthansa Group has regained its financial strength. I would like to thank our customers for their continued loyalty and every one of our approximately 100,000 employees. With their above-average commitment, they made 2023 one of the three … Continue reading Lufthansa Group generates profit of 2.7 billion euros
International flight bookings near 2019 levels
ALEXANDRIA/VA (USA) – Flight bookings for international business travel this fall are nearing 2019 levels, in a sign of recovery, according to a travel data firm, but climate concerns and economic clouds could mute demand for work-related trips. Business travel … Continue reading International flight bookings near 2019 levels
Airbus sells Derazona Helicopter to Indonesia
JAKARTA – Airbus Helicopters has secured an H160 order from Derazona Helicopters in Indonesia, launching this new rotorcraft in the country’s oil and gas sector. The multi-mission H160 will play an important role in the expansion plans of the Indonesian operator … Continue reading Airbus sells Derazona Helicopter to Indonesia
Biotechnology solutions for aviation security
Toulouse – Airbus and Koniku Inc. have made a significant step forward in the co-development of a solution for aircraft and airport security operations by extending research activities to include biological hazard detection capabilities, as well as chemical and explosive threats. … Continue reading Biotechnology solutions for aviation security
IATA: Industry Losses to Top $84 Billion in 2020
Geneva – The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to … Continue reading IATA: Industry Losses to Top $84 Billion in 2020
ACI and IATA: Roadmap for Aviation Industry Restart
Montreal/Geneva – Airports Council International (ACI) World and the International Air Transport Association (IATA) have called on governments to ensure any new measures introduced for airports and airlines in the wake of COVID-19 are supported by scientific evidence and are consistent … Continue reading ACI and IATA: Roadmap for Aviation Industry Restart
Chinese airline received Boeing No 2000
Seattle – On a tarmac in Seattle on November 30th local time, the Boeing Company completed delivery of a new yet historically important airplane to Xiamen Airlines. The particular addition to China’scivil aviation fleet had a unique message painted on … Continue reading Chinese airline received Boeing No 2000
ASEAN Air Liberalisation: Is It Really Ready for Take-Off?
Bangkok – If ASEAN nations of Southeast Asia had fully implemented air liberalisation over the last 15 years, the growth in aviation would have been greater and the economic benefits even more widely distributed. That is the argument put forward … Continue reading ASEAN Air Liberalisation: Is It Really Ready for Take-Off?