Author: Dominykas

Bombardier Ramps Up Restructuring, 7,500 Jobs To Go

Reading Time: < 1 minute Bombardier has announced a further round of job cuts with 7,500 positions to go, about two-thirds from the German train division, the rest from aerospace. The company expects to achieve recurring savings of approximately USD$300 million by the end of 2018, it said in a statement. Bombardier will take USD$225 million to USD$275 million in […]

Russia’s Pobeda Airlines Opens Operations Control Center

Reading Time: < 1 minute Aeroflot low-cost subsidiary Pobeda Airlines has opened an operations control center at Moscow Vnukovo International Airport, which will allow flights to maintain a 30-minute turnaround time. Visual observations enable flight operations to decrease delays caused by ground handling services, improving punctuality by 10%-15%, the carrier said in a statement. Pobeda operates up to daily 70 […]

Helicopter Robinson R44 Crash in Russia Kills All 3 People on Board

Reading Time: < 1 minute According to the spokesman of the Russia’s Zabaikalsky Territory’s head, helicopter Robinson R44 crash in the Russia’ eastern Zabaykalsky Territory claimed the lives of the pilot and two passengers on board. Helicopter Robinson R44 crash in the Russia’ eastern Zabaykalsky Territory claimed the lives of the pilot and two passengers on board, the spokesman of […]

AirBaltic Joins Airlines for Europe

Reading Time: 2 minutes Latvian carrier airBaltic has joined Airlines for Europe (A4E), adding to the lobbying group’s growing number of carriers. A4E has been steadily gaining members since its creation in January 2016 and has been campaigning on a variety of issues affecting the airline industry, notably air traffic control (ATC) strikes, removing what it regards as unreasonable […]

Rockwell Collins Closes $8.3 Billion Deal for B/E Aerospace

Reading Time: < 1 minute Rockwell Collins has announced an agreement to acquire aircraft interiors supplier B/E Aerospace for $6.4 billion in cash and the assumption of $1.9 billion in net debt. The transaction, which is expected to close in 2017 subject to board approvals of both companies, will blend B/E’s portfolio of galleys, lavatories and oxygen and lighting systems […]

IATA Chief Keen India Sign Carbon Offsets Pact Early

Reading Time: 2 minutes The International Air Transport Association (IATA) has expressed “disappointment” that India “did not come to the table as an early adaptor” of the carbon offset and reduction scheme for the aviation sector that was agreed to at the International Civil Aviation Organisation Assembly meeting earlier this month in Montreal. “We are disappointed because other developing […]

Airbus Offers a Peek at Its Flying Taxi

Reading Time: 2 minutes European aerospace giant Airbus has quietly lifted the curtain on an ambitious Silicon Valley project called Vahana. It’s a pilotless passenger aircraft that aims to someday add a vertical component to your commute. Think of Uber-like air taxis that can beat the traffic on Highway 101 by flying over it. Airbus has shared few details […]

EgyptAir Agrees to Buy Eight Boeing 737NGs

Reading Time: < 1 minute Cairo-based EgyptAir has inked a deal to purchase eight new Boeing 737NGs, with first delivery expected in February 2017, according to an EgyptAir statement. The aircraft will be financed by Dubai Aerospace Enterprise. “This new agreement, which implies adding new eight Boeing Next-Generation 737s to our fleet, will commemorate the mutual effort gathering both Boeing […]

Airlines Technology Signs Pact with British Airways

Reading Time: < 1 minute Airlines Technology (AT), an IT solutions provider funded by Travel Startups, has signed a commercial agreement with British Airways as an interface between the airline and its passenger for creating seamless travel experience. While ticketing aggregators and travel portals provide sketchy information about fares and schedules, Airlines Technology, working on the International Air Transport Association […]

Heathrow Plans 25,000 More Flights a Year as Revenue Increases

Reading Time: < 1 minute Heathrow Airport is planning an extra 25,000 flights per year from 2021 on its existing runways to give the UK a ‘Brexit Boost’ as nine month revenues rise. Revenue rose by 1.2 per cent to just under £2.1 billion ($2.6 billion) with adjusted profit before tax rising 11 per cent to £202 million. Heathrow made […]