In order to continue with its restructuring, airberlin has filed a provisional insolvency proceeding in self-administration at the local court of Berlin-Charlottenburg today. Lufthansa is supporting the restructuring efforts of the airline jointly with the German Government. This also ensures that all aircraft that are currently operated by airberlin under a wet lease agreement for Eurowings an...
HNA Group announced that it has completed the previously announced acquisition of an 82.5% equity interest in Frankfurt-Hahn Airport from the state of Rhineland-Palatinate. The transaction is valued at €15.1 million. HNA Group issued the following statement regarding the closing of the transaction: “We are pleased to complete the acquisition of Frankfurt-Hahn Airport, which we bel...
MTU Aero Engines AG generated revenues of €2,548.0 million in the first six months of 2017, up 11% on the previous year (1-6/16: €2,299.2 million). The group’s operating profit increased by 26% from €254.1 million to €320.8 million, resulting in an EBIT margin of 12.6% (1-6/16: 11.1%). Earnings after tax increased by 29% from €176.1 million to €227.5 million....
As part of their first official tour of Germany, Their Royal Highnesses visited the Finkenwerder Airbus site with their two children Prince George and Princess Charlotte. Klaus Richter, Chairman of the Board of Airbus in Germany, welcomed the British Royal Family, who were accompanied by First Mayor of Hamburg Olaf Scholz. “It is a special honour to welcome The Duke and Duchess of...
Hahn Air is pleased to announce that Amine Bellamine has assumed the role of Director Global Account Management as of July 1st 2017. As such, he will support travel agents in Belgium, France, Luxembourg, Mali, Monaco and Switzerland with sales and marketing activities, including trainings and presentations on the company’s ticketing services. He takes over from Christine Fluhr who will retir...
A 110 kg mini-satellite from Stuttgart University known as the “flying laptop” has been launched successfully today as a secondary passenger on the Soyuz-Fregat flight from Baikonur. The satellite development was significantly supported by Airbus Defence and Space, especially its satellite platform technology. This „Future Low-cost Platform“ (FLP) is equipped with...
Lufthansa Technik AG and its partners have succeeded in developing a guidance system for the automated application of multifunctional surface structures. This will make it possible in the future to coat large surfaces of an aircraft with a low-drag sharkskin structure. For the time being, the structure will be applied to the upper side of the wings and the upper and lower sides of the horizontal s...
The aircraft painting facility at the RUAG Aviation one-stop shop in Munich has repainted a Bombardier Global Express XRS, on behalf of long-time customer SBK Holding Ltd. The RUAG one-stop shop services optimised the downtime associated with a scheduled 15-month inspection. SBK Holding Ltd chose a full repaint of their eight-year-old aircraft to express their own dynamic and innovative image...
DC Aviation, headquartered in Stuttgart, announces that it sold its „foundation aircraft“, an Airbus A319 CJ, with which it originally started its operation, and that it will continue to operate and maintain the aircraft for the new owner. From 1999 through 2008 DC Aviation was a subsidiary of the DaimlerChrysler AG managing the regular shuttle traffic between the two corporate head...
Deutsche Lufthansa AG and Fraport AG have signed a first agreement on short-term cost savings. The partners are thus creating the right conditions for the further growth of Lufthansa at Frankfurt Airport. The agreement will also provide the basis for further discussions regarding a medium and long-term partnership. In the future, Lufthansa and Fraport are planning to work together consistently...
Lufthansa Technik Shannon has announced a multi-million Euro investment that opens the doors for the Boeing 787 later this year. The Shannon-based aircraft maintenance, repair and overhaul (MRO) provider will modify existing aircraft hangars to accommodate the Dreamliner. Lufthansa Technik Shannon will also be able to offer modifications, cabin and interior refurbishment, interior repair and...
The German scheduled airline, Hahn Air, announced the start of an interline partnership with Mauritania Airlines International (L6). This agreement enables the national flag carrier of Mauritania to tap into new markets where they are not a member of the local Billing and Settlement Plan (BSP). Thereby, Mauritania Airlines International expands its commercial reach to over 100,000 travel agencies...
