Lufthansa, Germany’s flagship carrier, has been officially designated as the launch operator for the Boeing 777-9, with the initial aircraft deliveries anticipated in 2026. This development marks a significant milestone in Lufthansa’s fleet modernization efforts, aiming to enhance efficiency and passenger experience on long-haul routes.
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.
Frank Wulf, the Global Head of Aviation at Nord/LB (Germany), has announced his decision to step down from his role and exit the aviation finance sector, effective January 31, 2025. Citing personal reasons, Wulf will conclude his tenure after a long-standing career in aviation finance.
MTU Aero Engines, a leading German manufacturer of aircraft engines, has announced the appointment of Katja Garcia Vila as its new Chief Financial Officer (CFO). She will replace Peter Kameritsch, who has concluded his contract with the company.
Lilium, the German-based developer of electric vertical take-off and landing (eVTOL) aircraft, has officially rebranded as Lilium Aerospace. This transformation follows a financial rescue by the Mobile Uplift Corporation, a German investment consortium committed to revitalizing the company’s future.
Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.
Lufthansa, Germany’s flagship carrier, is making strides in its efforts to return to profitability, according to CEO Jens Ritter. While the initial success of the airline’s restructuring plan is promising, Ritter acknowledges that there is still work to be done to achieve sustained financial recovery.
Nayak Aircraft Services, a Germany-based provider of aircraft maintenance services, has successfully completed the acquisition of Hovby Aero / Nordic MRO, a Swedish MRO (Maintenance, Repair, and Overhaul) organization. The newly formed entity will operate under the name Nayak-LM Nordic.
Eurowings, a subsidiary of the Lufthansa Group, has announced plans to modernize its fleet with 40 new Boeing B737-8 aircraft, starting in 2027. These aircraft will be allocated from a 2023 order placed by the Lufthansa Group, demonstrating the parent company’s commitment to optimizing its group-wide fleet strategy.
Ryanair, Ireland’s largest low-cost carrier, has reimbursed subsidies previously received from Hahn Airport (Germany). The repayment follows a ruling by Brussels deeming the state aid provided to the airline as illegal. The demand for repayment was issued by Rhineland-Palatinate, the German state where Hahn Airport is located.
