SR Technics and Allegiant Air Renew Engine Maintenance Partnership

ByAdmin 04/02/202505/02/2025

SR Technics, a leading maintenance, repair, and overhaul (MRO) service provider based in Switzerland, has announced the renewal of its engine maintenance contract with Allegiant Air, a prominent low-cost carrier in the United States. This five-year extension continues the collaboration that began in 2019, focusing on the maintenance and support of Allegiant’s CFM56-5B engines.

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Airlines | Management

Jetstar Japan President Masaru Kataoka to Step Down, Masakazu Tanaka Named Successor

ByAdmin 28/10/202430/10/2024

Jetstar Japan has announced that its President, Masaru Kataoka, will be stepping down from his role on December 31, 2024.

Corporation | Sale

MTU Aero Engines Acquires 3D.aero for Automation and Measurement

ByAdmin 17/12/202418/12/2024

MTU Aero Engines, a leading German aircraft engine manufacturer, has announced the acquisition of 3D.aero, a German company specializing in automation and measurement technology. This strategic move enhances MTU’s capabilities in advanced manufacturing processes and precision measurement, strengthening its position as a technology leader in the aerospace industry.

Airlines | Financial | Flag Carrier

Kenya Airways Reports First Full-Year Profit in 12 Years

ByAdmin 26/03/202531/03/2025

Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…

Airlines | Financial | Flag Carrier

Lufthansa Acquires 10% Convertible Stake in airBaltic

ByAdmin 31/01/202503/02/2025

Lufthansa Group has signed an agreement to acquire a 10% convertible share in airBaltic for a subscription price of €14 million. This strategic move grants Lufthansa a seat on airBaltic’s Board and positions the group for future equity participation in the Latvian carrier.

Airlines | Crisis | Delivery | Flag Carrier | Fleet

Air New Zealand Faces Aircraft Availability Challenges Until 2026

ByAdmin 25/11/202427/11/2024

Air New Zealand has revealed that it does not expect significant improvements in aircraft availability until 2026, citing ongoing challenges with its fleet of Boeing 787-9 and Airbus A320neo aircraft. These availability issues have impacted the carrier’s operational capacity and ability to meet growing passenger demand.

Airlines | Network

Eastar Jet to Launch Seoul-Tokushima Service in December 2024

ByAdmin 20/11/202422/11/2024

Eastar Jet, a South Korean low-cost carrier, has announced plans to commence a new service between Seoul Incheon (ICN) and Tokushima (TKS) in Japan. The route is scheduled to launch on December 26, 2024, marking another step in strengthening air connectivity between South Korea and Japan.

Airlines | Management

Jetstar Japan President Masaru Kataoka to Step Down, Masakazu Tanaka Named Successor

ByAdmin 28/10/202430/10/2024

Jetstar Japan has announced that its President, Masaru Kataoka, will be stepping down from his role on December 31, 2024.

Corporation | Sale

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