MTU Aero Engines presented its preliminary figures for 2020: Revenue was €3,977 million, compared with €4,628 million in 2019. The operating profit1 was €416 million (2019: €757 million) and the EBIT margin was 10.5% (2019: 16.4%). Net income2 was €294 million in 2020, compared with €538 million in 2019. “Our swift and decisive action in the face of...
What is the future of urban air mobility? Far from being the easiest question to answer especially in aviation post-covid era. One thing is quite obvious - the future is already here. The speed of development of urban air mobility concept is just stunning. We have an amazing opportunity to let you discover EHang, the world's leading autonomous aerial vehicle technology platform company in very...
Just only 6 months after signing the contract, the first of its kind, DA62 SurveyStar has been handed over to GeoFly. Despite the difficulties caused by the pandemic, system integration went flawless in all directions. Considering that it is the first customer aircraft and involved numerous parties from various countries, it cannot be taken as given but once again demonstrates the strength of...
Wingcopter has joined forces with the Flying Labs Network as a Technology Partner. The goal of the partnership is to improve supply chains through locally led cargo drone projects and to equip local talent with the skills to operate Wingcopter’s unmanned systems in long range drone applications, including beyond visual line of sight. The Flying Labs Network strengthens local expertise i...
Following a previously secured agreement with Scandinavian Airlines in late July 2020, Aviator Airport Alliance AB successfully launched the start-up of ground handling operations for the airline across multiple airports in Norway. Over the next 5-year period, commencing February 1st, 2021, Aviator will be the provider of ground handling and de-icing services for SAS at the airports in Bergen, Tro...
Recaro Aircraft Seating has signed an extension contract with Airbus for the delivery of SWIFT economy class seats. Since 2016, the premium seat provider has been equipping Airbus A320 Family aircraft with predefined economy class seats BL3530. This contract extension aims to enlarge the supplier furnished equipment (SFE) c...
One year after its maiden voyage on Feb. 14, 2020, the G700 successfully completed several critical phases-of-flight tests, including envelope expansion, flutter, aerodynamic stalls, flying qualities, flight control systems and air-data testing. Today, Gulfstream G70 flight-test program has made significant progress, surpassing 1,100 hours of flying and completing new company test regime...
Finnair is no stranger to recycling its old planes sustainably, ensuring parts can be reused and waste is kept to a minimum. Just last year an Airbus A319-112, part of the A32S fleet, was sent to the Cotswolds in England to be dismantled by our expert partners. And now, one of its sister aircraft, another A319, is about to undergo the same treatment. Except this time the recycling will be don...
Great news! Lufthansa and airBaltic are starting codeshare cooperation that will open new, seamless travel opportunities. As of March 28, Lufthansa will put its marketing codes on routes operated by airBaltic between Munich and Riga, Latvia as well as Munich and Vilnius, Lithuania. airBaltic customers will benefit from convenient access to Lufthansa&rsq...
Etihad Cargo has signed a five-year Memorandum of Understanding (MoU) with the United Nations Children’s Emergency Fund (UNICEF) to support its Humanitarian Airfreight Initiative. Under the MoU, Etihad Cargo will aid the worldwide distribution of COVID-19 vaccines, essential medicines, medical devices, and other critical supplies to respond to the pandemic, managing all requirement...
SAS selected CFM International LEAP-1A engines to power its new fleet of 35 A320neo family aircraft ordered in 2018. This agreement also includes eight spare engines. In addition, SAS has signed with CFM a Rate-Per-Flight-Hour (RPFH) support agreement to cover its new fleet of LEAP-1A engines, including spares, as well as 15 additional LEAP-1A-powered A320neo on lease. This new agreement is p...
The European Business Aviation Association and National Business Aviation Association announced the launch of “EBACE Connect” – a new, virtual programming series that will gather business aviation’s most compelling and authoritative voices to engage the industry in a vital conversation around the issues and trends shaping the future of Business aviation. &nbs...
