by Dino D'Amore | Nov 15, 2022 | Maintenance, Zone: Europe
Lufthansa Technik is currently carrying out the world’s first Performance Restoration Shop Visit (PRSV) of a LEAP-1A engine owned by Nova Airlines giving the company the chance to analyse the new engine type under operating conditions. The PRSV serves to restore the...
by Dino D'Amore | Nov 14, 2022 | Technology, Zone: Americas
Embraer delivered 10 commercial jets and 23 executive jets (15 light / 8 mid/super-midsize jets) in the third quarter (Q3) of 2022, bringing the total deliveries so far this year to 27 commercial jets and 52 executive jets (33 light /19 mid/super-midsize jets)....
by Dino D'Amore | Nov 14, 2022 | Airports, Zone: Europe
Lithuanian airports witnessed a 90% passenger traffic recovery as compared to the pre-pandemic levels and almost 80% flight traffic in October 2022. In October 2022, 548 000 passengers travelled through Lithuanian airports, 4 713 flights were handled along with...
by Dino D'Amore | Nov 14, 2022 | Technology, Zone: Americas
Archer Aviation closed the Q3 of 2022 with cash, cash equivalents, and short-term investments of $600 million. The company reported total operating expenses of $93.8 million and a net loss of $91 million. During the reporting period, Archer achieved an important...
by Dino D'Amore | Nov 11, 2022 | Airports, Zone: Europe
Heathrow reports that it served 5.9 million passengers in October, 84% of 2019 levels. Year to date the UK airport has served 50 million passengers, 74% of 2019 levels. The airport reports that the leisure market has been buoyant thanks to the half term getaway, with...