Lufthansa Technik and MTU Aero Engines are planning to set up a joint venture company for the MRO of geared turbofan (GTF) engines, with each of the partners holding a 50-percent stake. An agreement to this effect was signed by the two companies in Berlin (Germany) on the 20th of February 2017 after the feasibility […]
Hertz Global Holdings has confirmed that Hertz, Thrifty and Firefly will serve as Air France’s exclusive car rental providers for four years. The news follows the renewal of the 28 year partnership between Hertz and Air France–KLM Group. In addition, the three car rental brands, from The Hertz Corporation, will also become the exclusive car […]
In January 2017, the Latvian airline airBaltic carried 187,996 passengers or 18 per cent more than in the same period of 2016 throughout its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. In January the airline operated 3,463 flights, or 14 per cent more than in the same period of 2016, when airBaltic […]
The Boeing 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut on the 17th of February 2017 at Boeing South Carolina (USA). Thousands of employees at the North Charleston, S.C. site celebrated the event, along with U.S. President Donald Trump and South Carolina Governor Henry McMaster. In his remark, President Trump […]
The negotiation between Lufthansa group and its pilots union Vereinigung Cockpit (VC) has met a conclusion as the airline accepted the mediation recommendation led by the mediator Gunter Pleuger on the 15th of February 2017. The airline agreed for a pay increase for the 5,400 pilots in the group tariff agreement of Lufthansa, Lufthansa Cargo […]
Air France has recently changed its remaining orders for two new Airbus A380 superjumbos to the three of the lighter twinjet A350s, according to Reuters. Air France originally ordered twelve A380 aircraft and the cancellation had been expected after the change was flagged in March 2016. The remaining ten aircraft are already in operation. Lately, […]
Boeing announced that it will roll out the first B787-10, the largest variant of the Dreamliner Family, on the 17th of February 2017 at its facility in North Charleston, South Carolina (USA). The company recently released a media invitation for the debut of the new Dreamliner. The new airplane will undergo the flight test this […]
Delta Air Lines has launched a cash tender offer through the Mexican Stock Exchange to acquire up to an additional 32 per cent of the outstanding capital stock of Grupo Aeroméxico for MXN$53 per share. The difference from the previously announced tender price of MXN $43.59 is the result of interim exchange rate movements and […]
In the meeting with the CEOs of major US airlines and airports on the 9th of February 2017, US President Donald Trump stated his support of the national aviation industry which provides over 10 million jobs. The US airline industry alone employs nearly 700,000 people. The president noted the competition between US airlines and their foreign […]
AirAsia’s Chief Data & Digital Officer, Nikunj Shanti, who is driving the LCC’s commercial product strategy, will join airline ancillary leaders from all over the world at Future Travel Experience Ancillary in Dublin this June. In late 2016, AirAsia Group CEO Tony Fernandes revealed plans to turn AirAsia into a fully-fledged “digital airline”. He said: […]
