Airbus virtually closed the gap with Boeing in their intense battle for airliner orders in July after booking about half of the 197 firm sales unveiled at last month’s Farnborough Airshow, according to the latest data from both companies. Amid a broad slowdown in purchases, the European planemaker said it had sold a total of […]
Air China has expressed an interest in acquiring a 49% stake in LOT Polish Airlines local daily Rzeczpospolita has reported citing airline sources. According to the report, representatives from the Chinese carrier and the Polish treasury department, LOT’s owner, will meet later this week to discuss the modalities of a possible buy-in. Earlier this year, […]
An Emirates airline flight from India has crash-landed at Dubai International Airport with some 300 people on board, officials say. Images posted online show thick black smoke coming from the plane, with no landing gear visible. The Dubai government media office said all passengers were evacuated safely and no injuries have been reported. It said […]
On August 1st, SAS celebrated 70 years as pioneers in the sky. The first flight, Stockholm to New York, took place on September 17th the same year. August 1, 1946 was the starting point for Scandinavia’s preferred airline through the merger of the Norwegian, Danish, and Swedish international airline operations. On September 17 of the […]
Finance Results Austrian Airlines improves adjusted EBIT by EUR 17 million to minus EUR 0.1 million 2.2% rise in passenger volume in the first half-year 2016 Outlook 2016: Targeted increase in adjusted EBIT, but no longer expected to be ”substantially” above the prior-year level Austrian Airlines concluded the first half of 2016 with a considerable […]
Qatar Airways has once more increased its shareholding in the IAG International Airlines Group. In a statement, the Qatari carrier confirmed it had acquired an additional 4.34% in the carrier group thus bringing its total shareholding to 20.01%. Akbar Al Baker, the Group Chief Executive of Qatar Airways, said that while his carrier’s interest in […]
Executive President of AirBridgeCargo Airlines LLC resigns after three years of work in accordance with mutual agreements. Denis V. Ilin started his management career in AirBridgeCargo Airlines LLC as Director of Operations. From 2006 to 2008 he worked as General Director of the airline and later rejoined AirBridgeCargo team in 2013 to hold the position […]
On June 23rd, the citizens of the United Kingdom voted to leave the European Union. The decision was rather unexpected and left the nation in abyss about its future relationship with EU member states. The fate of airline industry is also shadowed because after withdrawal new aviation arrangements will have to be put in place. […]
Las Vegas-based Allegiant Air has ordered 12 Airbus A320s from the airframer, in its first purchase of new aircraft. The aircraft will enter service between 2017 and 2018, says Allegiant. They will be powered by CFM International CFM56 engines. Allegiant chief executive Maury Gallagher says the new aircraft order “should not be seen as a […]
