Lufthansa Shareholder Klaus-Michael Kuhne Criticizes Quality Decline

ByAdmin 18/11/202419/11/2024

Klaus-Michael Kuhne, a significant shareholder of Lufthansa Group, has publicly voiced concerns about a perceived decline in service quality at Lufthansa and its subsidiary, SWISS. In his statement, Kuhne highlighted dissatisfaction with operational standards and hinted at plans to exert greater influence on the airline’s management to address these issues.

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Airlines | Flag Carrier | Network

Kenya Airways to Launch Nairobi-London Gatwick Route

ByAdmin 08/12/202410/12/2024

Kenya Airways, the national carrier of Kenya, has announced the launch of a new route connecting Nairobi to London Gatwick, starting July 2, 2025. The service will be operated by the airline’s Boeing 787-8 Dreamliner, renowned for its efficiency and passenger comfort.

Airlines | CFM International | Corporation | Maintenance | MRO

AFI KLM E&M and Smartwings Partner for LEAP-1B Engine Maintenance

ByAdmin 08/11/202412/11/2024

AFI KLM E&M, a global leader in aircraft maintenance services, has entered into a comprehensive maintenance agreement with Smartwings (Czechia) for the LEAP-1B engines powering Smartwings’ fleet. This agreement includes Quick Turn Support, enabling timely maintenance solutions that enhance operational efficiency and engine performance.

My Freighter to Expand Fleet to 20 Aircraft by 2026

ByAdmin 04/12/202409/12/2024

My Freighter, an Uzbekistan-based cargo airline, has announced ambitious plans to quadruple its freighter fleet to 20 aircraft by the end of 2026. This rapid expansion underscores the airline’s commitment to meeting growing demand in the global air cargo market.

Airlines | Financial | Funding | Low Cost Carrier

Norse Atlantic Airways Raises $8.7 Million via Private Placement

ByAdmin 08/12/202410/12/2024

Norse Atlantic Airways, a Norway-based long-haul low-cost carrier, has successfully raised $8.7 million in gross proceeds through a private placement. The placement involved the issuance of 19.2 million new shares, directed towards B T Larsen & Co (Cyprus). The capital increase has been formally registered, marking a key step in bolstering the airline’s financial stability and funding future operational goals.

Airlines | Financial

KM Malta Airlines Plans $390 Million Capital Increase for Future Part-Privatization

ByAdmin 05/11/202407/11/2024

KM Malta Airlines has announced plans to increase its capital to $390 million as part of a strategy to prepare for part-privatization over the next two years. The capital injection is intended to strengthen the airline’s financial position, making it more attractive to potential investors. The Maltese government, which is facilitating this transition, has expressed…

Airbus | Airlines | CFM International | Delivery | Fleet

China Southern Expands Fleet with New A321neo

ByAdmin 06/12/202409/12/2024

China Southern Airlines, one of Asia’s largest carriers, has taken delivery of a new Airbus A321neo, bearing serial number 12270. This state-of-the-art aircraft is powered by LEAP-1A32 engines, known for their superior fuel efficiency and lower environmental impact.

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