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Lufthansa Group Increases Q2 EBIT by 27 Percent

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Lufthansa Group has reported a 27% year-on-year increase in adjusted EBIT for the second quarter of 2025, underscoring its robust financial recovery and efficient operational strategy amid strong travel demand. The group recorded an adjusted EBIT of €1.22 billion, significantly up from €961 million in Q2 2024. This performance reaffirms the Group’s positive full-year forecast, driven by continued passenger growth and cost discipline.

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China Airlines Orders 14 Boeing 777X Aircraft

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Archer Aviation Secures $301.75 Million to Advance Hybrid Aircraft Development

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Archer Aviation, a U.S.-based aerospace company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has announced the successful raise of $301.75 million in equity capital. This funding round saw participation from leading institutional investors, notably funds and accounts managed by BlackRock. The infusion of capital brings Archer’s total liquidity to approximately $1 billion, further…

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StandardAero Seeks Court Order Against Silver Airways

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StandardAero (US) has initiated legal action in bankruptcy court, seeking an order that would compel Silver Airways (US) to return a leased aircraft engine currently in the airline’s possession. The action comes as part of the ongoing bankruptcy proceedings involving Silver Airways, which has been struggling to stabilize operations and address creditor claims.

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VSE Reports 18.3% Revenue Growth in 3Q 2024, Net Income Decline

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VSE Corporation, a prominent U.S.-based provider of aftermarket distribution and MRO (maintenance, repair, and overhaul) services, announced a strong performance for the third quarter of 2024. The company reported an 18.3% increase in total revenue, bringing its quarterly earnings to $273.6 million. This growth is attributed to expanded demand in VSE’s aviation, fleet, and federal services segments,…

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Royal Jordanian Takes Delivery Of A320neo Serial 12384

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Royal Jordanian has strengthened its single-aisle fleet with the addition of a new Airbus A320neo, bearing serial number 12384, as part of its strategy to modernize operations and enhance fuel efficiency. The aircraft supports the carrier’s regional and short-haul connectivity goals across the Middle East, Europe, and North Africa.