Russian airport traffic has been more resilient to pandemic shocks than that of European airports thanks to a quick recovery of its sizeable domestic travel market, Fitch Ratings says. Air traffic in Russia had recovered to its pre-pandemic levels by September, while...
MRO News Archive
Maintenance, repair and overhaul news from around the world
LOT re-launches flights between Budapest and New York
LOT, the Polish carrier, has announced that it will re-launch direct flights between Budapest and New York from June 2022 using Boeing 787 Dreamliners operating three times weekly. Balázs Bogáts, Head of Airline Development, Budapest Airport said: “It remains Budapest...
VINCI Airports takes over operations at Annecy Mont-Blanc airport
After signing a public service concession agreement with the Haute-Savoie department last July, VINCI Airports took over operations at Annecy Mont-Blanc airport on 1 January. VINCI Airports will therefore now manage and operate the airport for 15 years, bringing its...
Fraport Group reports nine month results
The Fraport global airport company has reported a significant increase in revenue and the Group result (net profit) during both the third quarter and the first nine months (ended September 30) of the 2021 business year. Factors contributing to this increase included a...
Munich Airport sees further upturn in transatlantic travel
The end of strict US entry restrictions for European travellers has further boosted transatlantic travel at Munich Airport, with Lufthansa resuming flights to Miami for the first time in addition to the routes it has already begun operating again this year. Flights...
Eurocontrol data shows aircraft fly higher
In their flight plans, aircraft request to cruise at an altitude (‘flight level’) that’s most efficient for them, so that they burn less fuel. When airspace is congested, they might request lower or be kept lower by air traffic management. A graph supplied by...
Sydney Airport agrees $17.5bn takeover deal
The board of Sydney Airport has agreed to a buyout from a consortium led by Melbourne-based IFM Investors for A$23.6bn (US$17.5bn). The consortium, known as Sydney Aviation Alliance, offered the airport A$8.75 a share. The deal values Sydney Airport's equity at...
Ferrovial Airports to deploy a network of UK vertiports
Ferrovial Airports has announced plans to deploy a network of more than 25 vertiports in the United Kingdom. This initiative follows the recently announced agreement to develop a network of more than 10 vertiports in Florida, US. Vertiports will provide infrastructure...
MLB celebrates progress of terminal renovation & expansion project
Airport officials, construction teams and community leaders celebrated progress of Melbourne Orlando International Airport’s (MLB) Terminal Renovation & Expansion Project with a Topping Out Ceremony. The major milestone provided the opportunity for airport,...
Heathrow reports Q3 losses
In Q3, Heathrow airport experienced its first full quarter of passenger growth since 2019, underscoring strong pent-up demand as travel restrictions eased and testing requirements were simplified. Passenger numbers in the third quarter recovered to 28%, and cargo to...
Eurocontrol asks if joint pan-European system of route charges is still fit for purpose
In its latest “Think Paper” Eurocontrol assesses whether the European Route Charges System, which has effectively funded en-route air navigation services (ANS) across the pan-European network for 50 years, is still fit for the future in the wake of a pandemic that has...
Fitch: New Covid variants ground recent traffic improvements for airports
New Covid variants could impede recent improvements in vaccination rates and recent subsequent increases in passenger traffic at airports throughout the world, according to Fitch Ratings in its latest quarterly Global Airport Traffic Tracker. Vaccination rates have...