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.
Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
Lufthansa, Germany’s flagship carrier, has urged the European Commission to suspend the EU-Qatar air transport agreement, citing concerns over its “radically unequal” terms and serious corruption allegations. The agreement, which liberalizes market access between the EU and Qatar, has come under increased scrutiny in recent months.
TAAG Angola Airlines has entered into a long-term agreement with Lufthansa Technik (Germany) to provide aircraft component services for its brand-new fleet of Boeing 787s. This collaboration marks a significant milestone in TAAG’s fleet modernization strategy, ensuring reliable maintenance support for its operations.
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.
The Reykjanes District Court has ruled in favor of Air Berlin’s insolvency administrator in a legal case against Isavia, Iceland’s airport operator. The decision allows the administrator to confiscate assets worth over $1.1 million, stemming from a dispute over an aircraft impounded at Keflavík Airport in 2017. The ruling represents a significant victory for Air Berlin’s creditors, as the funds recovered will contribute to…
Eurowings, the low-cost subsidiary of Lufthansa, has announced that it will no longer proceed with plans to launch flights between Berlin and Ljubljana, which were initially set to begin on 12 April 2025. The cancellation marks a change in the airline’s route development strategy and reflects shifting priorities within its network planning. No specific reasons for the decision have been…
TUI Group (Germany), a global leader in tourism and travel, has reported a strong financial performance for 2024. The company’s revenue grew by 12% to reach $24.4 billion, underscoring its recovery and growth momentum in the post-pandemic travel industry. The group also recorded an Underlying EBIT of $1.3 billion, reflecting its strategic focus on operational efficiency and market expansion.
Rolls-Royce (UK) has welcomed the arrival of the first Trent 1000 engine at its state-of-the-art MRO (Maintenance, Repair, and Overhaul) facility in Dahlewitz, Germany. This milestone signifies the beginning of Trent 1000 maintenance operations at the facility, further strengthening Rolls-Royce’s global MRO capabilities.
Ryanair (Ireland) has revealed its forecast for European flight operations, stating that its overall offering is expected to remain largely unchanged until 2027. However, the carrier has announced plans to reduce capacity into Germany, citing the impact of elevated taxes and fees on its operations.
