MTU Aero Engines, a leading German aircraft engine manufacturer, has announced the appointment of Johannes Bussmann as its new CEO, effective 31 December 2025. Bussmann will succeed Lars Wagner, who will step down on the same date.
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Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
Lufthansa CEO Carsten Spohr has stated that supply chain disruptions in the aviation industry are likely to persist until the end of the decade. Speaking about the ongoing challenges, Spohr highlighted that aircraft delivery delays remain a significant concern for airlines globally, affecting fleet expansion and modernization plans.
Air India has announced a leadership transition as Klaus Goersch, the airline’s Chief Operating Officer (COO), will step down in January 2025. Klaus will assume the role of Executive Vice President (EVP) and COO at Atlas Air Worldwide Holdings (US). His successor will be Basil Kwak, a senior executive from Vistara, marking another significant personnel movement within the Tata Group’s aviation ventures.
AerCap Holdings (Ireland) has announced lease agreements for two Boeing B737-800 aircraft, further solidifying its presence in the aviation leasing market. The leased aircraft will be operated by Mukamalah Aviation Company (Saudi Arabia) under the brand name Aloula Aviation.
Airbus has initiated negotiations with Daher, a French aerospace company, for the potential acquisition of aerostructures subassembly activities related to the A320 family near Nantes, France. This move aligns with Airbus’s strategy to streamline its supply chain and strengthen its position in the aerostructures market.
Lufthansa Cityline staff representatives have filed a lawsuit against the Lufthansa Group in Germany, challenging the establishment of its planned replacement airline, City Airlines. The lawsuit, initiated by the staff representatives, reflects growing concerns among Cityline employees regarding job security, working conditions, and the potential impact on the current workforce. Lufthansa Group’s decision to launch City Airlines as a…
