Aviation X Lab, an aviation-specific incubator that brings together Airbus, Collins Aerospace, Emirates, GE Aviation and Thales under one roof, was recently unveiled at Area 2071 and established a long-term partnership among the five industry giants. It invites startups, innovators, academics, NGOs, activists and companies worldwide to participate in problem solving. Continue reading “Aviation X Lab wants to redesign the future of aviation”
Category: Aviation News
News from the aviation industry
USA: Immediate punitive tariffs on European aircraft
The USA is beginning to impose new penalties on imports from Europe. An additional penalty duty of 25 percent will be imposed on imports of numerous products such as cheese, wine, butter and olive oil. When importing aircraft, an additional duty of 10 percent is levied.
The USA had Continue reading “USA: Immediate punitive tariffs on European aircraft”
Established aviation companies must keep pace with innovative ideas from start ups
The development of environmentally friendly mobility concepts will be one of the central challenges of the coming decades. An interesting exhibitor in this field at this year’s Paris Air Show was “Dassault Aviation”, a subsidiary of the multinational software development company “Dassault Systemes”. “Established aviation companies must keep pace with innovative ideas from start-ups that are entering the market”, says CEO David Ziegler. Continue reading “Established aviation companies must keep pace with innovative ideas from start ups”
Austrian Airlines inspects aircraft using drone technology
Using autonomous drones developed by the French start-up “Donecle”, Austrian Airlines’ aircraft are checked for damage to paintwork and structures. The innovation not only makes work easier for the airline’s technicians, but the shorter duration of the check – less than two hours instead of the previous four to ten hours – also ensures faster availability of the aircraft in daily operations. Continue reading “Austrian Airlines inspects aircraft using drone technology”
Ryanair: hundreds of jobs on the tip
Because of the flight ban for Boeings medium range jet 737 MAX there are hundreds of jobs on the tip of the Irish low-cost airline. The company needs around 1,500 fewer pilots and flight attendants than originally planned, Michael O’Leary told the staff in a video message. Continue reading “Ryanair: hundreds of jobs on the tip”
Ruinous price war in the sky – Airlines serve greed and irresponsibility of consumers
Serving the irresponsibility and the greed of consumers for ever cheaper ticket offers, to quickly jet somewhere at the weekend, to fly domestic routes, has further dramatic not only ecological but also economic consequences for the airlines itselves.
On the morning of 30 July, the Lufthansa share fell by up to seven per cent to its lowest level for two years. The discount battle with airline tickets Continue reading “Ruinous price war in the sky – Airlines serve greed and irresponsibility of consumers”
Lufthansa on the verge of restructuring?
First the profit warning, then the fall in the share price, Lufthansa recently shocked investors. Various media speculate that Group CEO Spohr could counter the increasing pressure with a restructuring. Apparently a lean holding company is being discussed.
Lufthansa could transform itself into a holding company in the future. The “Handelsblatt” writes that a new, leaner group structure is being discussed in the company’s Executive Board and parts of the Supervisory Board. Continue reading “Lufthansa on the verge of restructuring?”
Current situation of global air traffic
After many years of growth in global air traffic with increasing flights, passengers and flight connections, a slowdown in development is currently becoming apparent. Global passenger flight movements increased by only 1.5 percent in June, from 3.3 million in June 2018 to just under 3.4 million in June of this year. Continue reading “Current situation of global air traffic”
Lufthansa does not feel a “Greta effect”
“We do not currently see any restraint – on the contrary,” Lufthansa Group CEO Carsten Spohr told the Neue Züricher Zeitung (NZZ) on 14 July in an interview on the question of a possible Greta effect. The Swedish schoolgirl Greta Thunberg is the initiator of the worldwide student protests, which also blame the growing number of flights for climate change. Continue reading “Lufthansa does not feel a “Greta effect””
Lufthansa Group awarded four airline Oscars
Despite the share crash and profit warning: the appreciation of passengers continues unabated. The Lufthansa Group has been voted “Best Airline in Europe” and “Best Western European Airline” for the third time in a row and ranks 9th among the top 10 airlines in the world. The prize was awarded on 18 June by the market research institute Skytrax at the Paris Air Show. Continue reading “Lufthansa Group awarded four airline Oscars”