ATR Sees Strong 2024 Sales Growth, Meets Delivery Forecast

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Regional aircraft manufacturer, ATR has released its “2024 full-year results, with a growth trajectory driven by successful partnerships with existing and new customers.” According to the aircraft manufacturer, “Orders of 56 aircraft represent a 40% rise from 2023, with a mix of renewed commitments from existing operators and new customers, both airlines and lessors, exemplifying strong market demand for ATR …

Boeing Appoints Robert Ortberg As New President/CEO

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Boeing’s “Board of Directors has elected Robert K. “Kelly” Ortberg as the company’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors”, according to the aircraft manufacturer. Otberg succeeds Dave Calhoun, “who earlier this year announced his intention to retire from the company, having served as president and CEO since …

ATR Records Robust Growth In 2023

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ATR, leading regional aircraft manufacturer, has announced “its 2023 annual results, highlighting a robust growth through increased deliveries and sales, strong performance of support and services, acquisition of new customers and route creation.” The aircraft manufacturer says it “delivered 36 aircraft in 2023, a 44% increase from 2022. This reflects a positive momentum, while the year was still beset by …

Air Cargo Growth Continues In February, Up 2.9%

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The International Air Transport Association (IATA) released data for global air cargo markets showing that demand increased in February despite a challenging operating backdrop. Several factors benefitted air cargo in February compared to January. On the demand side, manufacturing activity ramped up quickly after the early February Lunar New Year holiday. Capacity was positively influenced by the general and progressive …

AFRAA, Signs Mou With YAAPA To Spearhead The Development Of Youth, Women In Africa

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The African Airlines Association (AFRAA) has signed a memorandum of understanding (MoU) with the YAAPA-Young African Aviation Professional Association (YAAPA). The MoU will provide a framework of cooperation between AFRAA and YAAPA to support the development of youth and women in aviation in Africa on various focus areas including financing, training, employment opportunities and collaboration across the industry for policy …