AAR reports third quarter fiscal year 2022 results

AAR has reported third quarter Fiscal Year 2022 consolidated sales of $452.2 million and income from continuing operations of $22.6 million, or $0.63 per diluted share. For the third quarter of the prior year, the company reported sales of $410.3 million and income from continuing operations of $31.1 million, or…

Aerologic extends Lufthansa Technik deal 

AeroLogic, the joint freight carrier of DHL Express and Lufthansa Cargo, is now continuing its partnership with Lufthansa Technik through a multi-year agreement covering extensive component services. This new contract governs supply for AeroLogic’s entire fleet of currently 16 Boeing 777F aircraft over a period of ten years. Georg Fanta,…

AirBP supplies sustainable aviation fuel to Airbus 

Air bp, the international aviation fuel products and service supplier, is collaborating with Airbus to supply sustainable aviation fuel (SAF) for delivery flights from Airbus’ facility at Hamburg Finkenwerder Airport (XFW/EDHI). The first aircraft are two Air Transat A321LR destined for Montreal, Canada.  To enable SAF to be used for these…

Falko Regional Aircraft expands into engine leasing

Falko Regional Aircraft, an aircraft operating leasing and asset management company focused on the regional aircraft sector is increasing its capabilities, focus and product offering around engine leasing. Falko has an established engine leasing business that has historically been focused around the ALF507 engines on the Avro RJ and the…

Embraer invests in cyber-security firm 

Embraer announces the signing of a contract for a capital investment in Tempest Security Intelligence, resulting in a majority interest in the company. The largest cybersecurity company in Brazil, Tempest, positions itself as a provider of complete solutions for business protection in the digital world. With offices in Recife, São…

Slight uptick in May cargo data – IATA

The International Air Transport Association (IATA) released data for global air freight markets in May showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. According to…

Airbus completes successful ATTOL project

Following an extensive two-year flight test programme, Airbus has successfully concluded its Autonomous Taxi, Take-Off and Landing (ATTOL) project. In completing this project, Airbus has achieved autonomous taxiing, take-off and landing of a commercial aircraft through fully automatic vision-based flight tests using on-board image recognition technology – a world-first in…

Emirates adds more cargo capacity with aircraft modification

Emirates has introduced additional cargo capacity by using Boeing 777-300ER aircraft with seats removed from the Economy Class cabin. The measure has been introduced in response to the strong air cargo market demand for the rapid, reliable and efficient transportation of essential commodities such as Personal Protective Equipment (PPE), pharmaceuticals,…

DHL strikes deal for three cargo conversions with IAI

German courier firm DHL has placed an with Israel Aerospace Industries (IAI) toi convert an additional three B767-300 passenger aircraft to cargo aircraft, with the potential for a fourth aircraft. The news was announced by IAI who said that the contract marks another “major milestone” for its aircraft cargo conversions…

Finavia inks electric aircraft deal

Finnish airport company Finavia and the Helsinki Electric Aircraft Association have signed a cooperation agreement with the objective of introducing a new generation of electric aircraft in Finland. “Finavia’s objective is to continue the reduction of emissions caused by airport operations, to which all available resources must be targeted. Electric…

INFORM GroundStar optimization software chosen by IndiGo 

INFORM, a provider of advanced optimization software for the aviation industry, announced today that it has entered into an agreement with InterGlobe Aviation (IndiGo), a scheduled airline operating out of India, which is one of the fastest growing low-cost carriers in the world, to provide its comprehensive optimization software suite,…