Reading Time: < 1 minute Turkmenistan Airlines, the flag carrier of Turkmenistan and a subsidiary of state-run Turkmenhowayollary holding company, has been turned into a joint-stock company by a presidential decree, according to the government portal Turkmenistan: Golden Age. The decree reads that the carrier is now a public joint-stock company. Turkmenhowayollary, which controls the lion’s share of the company’s […]
Reading Time: < 1 minute Turkish Airlines became the latest Middle East carrier to report a fall in fortunes this year, reporting a $350 million operating loss for the year. The figure compares with a $682 million profit figure in 2015 which suffered due to terrorism and a tenuous political environment in Turkey which led to the lowest traffic figures […]
Reading Time: 2 minutes United Airlines employees, union representatives and members of Congress rallied at Newark Liberty International Airport to support US aviation jobs in the face of Emirates Airline’s new daily service between Newark and Dubai via Athens, Greece. Some 200 employees of United Airlines gathered at the company’s Terminal C to protest the launch of the new […]
Reading Time: < 1 minute Delta Air Lines announced the successful completion of its cash tender offer that commenced on Feb. 13, 2017 through the Mexican Stock Exchange to acquire up to an additional 32 percent of the outstanding capital stock of Grupo Aeroméxico S.A.B. de C.V. for MXN $53.00 per share, which expired at 1:00 p.m. Mexico City time […]
Reading Time: < 1 minute Boeing and CDB Aviation Lease Finance (CDB Aviation) announced an order for 30 737 MAX 8 airplanes. The order, valued at $3.3 billion at current list prices, was previously unidentified on Boeing’s Orders & Deliveries website. Both sides agreed to take this opportunity to broaden communication and strengthen cooperation in various fields, bringing the partnership […]
Reading Time: 2 minutes Icelandic low-cost carrier (LCC) WOW Air is boosting capacity from Reykjavik to the US by increasing frequencies and taking delivery of five additional aircraft, including its first Airbus A321neo. “We are adding our first Airbus A320neo in April; in May we will take delivery of the first A321neo. Also in May and June, three more […]
Reading Time: 3 minutes Russian airlines will require from 1,700 to 2,000 new passenger aircraft through 2035. More than a half of this number, from 1,100 to 1,300 units will be mainline airliners, Russia’s vice-minister for transport, Valeriy Okulov forecasted. The government hopes to meet with demand with locally made commercial aircraft. “The average annual acquisitions rate stands at […]
Reading Time: 2 minutes American Airlines has revealed 26 new routes to be served from five of its hubs. In a memo to employees, American Airlines President Robert Isom praised the company’s achievements through this year — which includes seven days without a mainline flight cancellation and an improving revenue trend — before looking forward to the busy summer […]
Reading Time: < 1 minute Iran Air has taken delivery of its first new A330-200, the first of 45 family aircraft on order. The delivery of the new jetliner is part of Iran Air’s major fleet renewal plan, settled in December 2016 with a firm order placed for 100 Airbus aircraft, including 46 A320 family jetliners and 16 A350s. The […]
Reading Time: < 1 minute South Korean start-up carrier KAIR Airlines has announced that it has selected the A320 Family to launch its new low cost operation, with a firm order for eight A320ceo. The new airline will be based in Cheongju in central South Korea and will focus primarily on services to international destinations in North East Asia. “We […]