by Dino D'Amore | Jan 26, 2023 | Cargo, People, Zone: Europe
Lufthansa Cargo’s Carsten Hernig, who was previously vice president region Latin America & Caribbean, has moved to the role of deputy general manager and vice president production, sales and marketing at Shanghai Pudong International Airport Cargo Terminal...
by Dino D'Amore | Jan 26, 2023 | Finance, Parts, Zone: Americas
New York Stock Exchange-listed Hexcel has announced a regular quarterly cash dividend of US $0.125 per share on the common stock of Hexcel, which it said would be payable to stockholders of record as of February 10, with payment date to follow on February 17. Hexcel...
by Dino D'Amore | Jan 26, 2023 | Airports, Zone: Americas
In 2022, John F. Kennedy International Airport’s recorded 55.3 million passengers, or 88% of its 2019 total, with Newark Liberty International Airport and LaGuardia Airport at 94% of 2019 with 43.5 million and 29.1 million respectively. 2019 was a record year for the...
by Dino D'Amore | Jan 26, 2023 | Airports, Finance
American Airlines has reported what it said was “record fourth-quarter revenue of US $13.2bn”, a 16.6% increase over the same period in 2019. “The company produced an operating margin of 10.5% in the quarter. American also produced record revenues of...
by Dino D'Amore | Jan 25, 2023 | Maintenance, Zone: Europe
Lufthansa Technik and Air France have signed a long-term agreement for the technical support of auxiliary power units (APUs) of the airline’s entire Airbus A350 fleet. Lufthansa Technik will provide extensive MRO (maintenance, repair and overhaul) services for...