Lufthansapage 9

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Coverage, page 9

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Latvia’s airBaltic seeks new financing as debt worsens

Latvia’s airBaltic is seeking short-term financing from bondholders, as the state-backed airline raises its finances to avert risks. It is seeking out short term financing as financial pressure rises. AirBaltic seeks emergency funding as concerns for financial stability grows The carrier, backed by Germany’s Lufthansa, is seeking “interim financing” (a temporary financial solution) while it […]

Travel RadarTravel RadarMichelle Owusuaa26 Jul
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Safran, Lufthansa Technik sign landing gear support deal

Safran Landing Systems and Lufthansa Technik have signed a ten-year support and services agreement (SSA) covering landing gear and hydraulic equipment for Airbus A320 family, A330, A340 and A350 aircraft. Announced at the Farnborough International Airshow, the agreement provides Lufthansa Technik with OEM support for its global MRO operations, including certified spare parts, engineering and […]

AviTraderAviTraderHeike Tamm24 Jul
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Boeing, Lufthansa Technik strike Chinook support deal

Boeing and Lufthansa Technik Defense have agreed the general terms for sustaining Germany’s future CH-47F Block II Chinook heavy-lift helicopter fleet, laying the groundwork for a long-term support partnership. The agreement, signed on Wednesday at the Farnborough International Airshow, establishes the framework for a future main contract under which Lufthansa Technik, working with Boeing, will […]

AviTraderAviTraderHeike Tamm23 Jul

AIR INDIA SELECTS NEW JFK TERMINAL 6 FOR FUTURE OPERATIONS

JFK Millennium Partners (JMP), the company selected by the Port Authority of New York & New Jersey to build and operate John F. Kennedy International Airport’s new world-class Terminal 6 (JFK T6), and Air India, India’s leading global airline, today announced that the airline has chosen T6 for its operations beginning in 2028. The move aligns Air India with other Star Alliance member carriers in the new terminal and marks another major airline commitment to T6, which has now been selected by 16 leading international carriers at JFK. Other airlines that have announced movements to T6 include Star Alliance members Air Canada, All Nippon Airways (ANA), Austrian Airlines, Avianca, Brussels Airlines, Lufthansa, SWISS, and TAP Air Portugal — in addition to Aer Lingus, Cathay Pacific, Condor, JetBlue, Kuwait Airways, Icelandair, and Norse Atlantic. Air India’s existing codeshare or interline partnerships with many of these carriers will offer customers seamless, same-terminal connections to onward destinations across the Americas.

Breaking Travel NewsBreaking Travel News22 Jul
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Lufthansa Technik strengthens Cebu Pacific MRO ties

Cebu Pacific has expanded its engine maintenance partnership with Lufthansa Technik (LHT), signing a three-year agreement covering 18 additional CFM56-5B engine shop visits for its Airbus A320ceo fleet. The contract completes the Philippine carrier’s final maintenance, repair and overhaul (MRO) tender for its legacy narrow-body engines as it continues transitioning to the Airbus A320neo family […]

AviTraderAviTraderHeike Tamm21 Jul