UPDATE – Lufthansa is closing in on an order for some eighty narrowbody aircraft. Half of them will be for City Airlines, the new subsidiary that Lufthansa is establishing as a new feeder airline for its European operations. City Airlines…
For an airline that is set to be partially privatized , there are no better credentials than solid financial and operational results. Exactly these were presented by TAP Air Portugal, which reported strong growth numbers for Q3 and the first…
Yesterday, Reuters reported Lockheed Martin withdrew from the U.S. Air Force’s tanker competition. Airbus teamed with Lockheed as the prime contractor in 2018, offering an A330 MRTT. Airbus said it will pursue the competition without Lockheed, We have not covered…
Pratt & Whitney-parent RTX expects that the powder metal contamination issue of the Geared Turbofan will have no significant operational or financial impact on PW1500G and PW1900G engines. Although there will be some limits on flight cycles, inspections and replacement of…
Turkish Airlines has reached an agreement with lessor AerCap to lease 25 Boeing MAX 8s and three 787-9s for delivery between 2024 and 2026. Turkish has also extended the lease for six Airbus A330-200s that are already in its fleet. The…
UPDATE – GE Aerospace benefitted from strong demand for new commercial engines and services, reporting a 25-percent growth of revenues to $8.4 billion in Q3. For the year-to-date, revenues are up by even 26 percent to $23.3 billion, General Electric…