Author: Press

IATA
IATA Sets an Industry Wide Goal to Achieve Net-zero Emissions by 2050

Reading Time: < 1 minute The International Air Transport Association (IATA) 77th Annual General Meeting approved a global air transport industry resolution to achieve net-zero carbon emissions by 2050. This commitment will align with the Paris Agreement goal for global warming not to exceed 1.5°C. “The world’s airlines have taken a momentous decision to ensure that flying is sustainable. The […]

Icelandair Boeing 737 MAX
Icelandair Secures Financing for Three Boeing 737 MAX Aircraft

Reading Time: < 1 minute The agreement includes the sale and leaseback of two Boeing 737 MAX 8 and a finance lease of one Boeing 737 MAX 9. The aircraft are scheduled for delivery in December 2021 and January 2022. As previously announced, Icelandair had backstop financing for these three aircraft which will not be exercised. Following this transaction, Icelandair […]

Smartwings
Smartwings Adds a New Flight Destination to Heathrow in the UK

Reading Time: < 1 minute Air carrier Smartwings is adding a new destination – flights from the Czech capital Prague to Heathrow, the UK’s biggest airport. Initially, there will be four London-bound services a week and subsequently daily flights under the winter flight schedule. As of October 20, Smartwings will also resume direct flights from Prague to Dubai, UAE, with […]

The Indian government Denies the Winner of Air India Bid Is Known

Reading Time: < 1 minute The Indian government denies media reports claiming that Tata Sons has won the bid to acquire Air India. It said the bids are being evaluated, and the decision is yet to be taken. “Media reports indicating approval of financial bids by Government decision as and when it is taken,“ Department of Investment and Public Asset […]

LOT Polish Airlines has begun Operating Flights to Dubai

Reading Time: < 1 minute LOT Polish Airlines has started operating three weekly flights between Warsaw and Dubai ahead of the busy winter season. An inaugural flight from Warsaw’s Chopin Airport (WAW) landed at DXB Terminal 1 on Sunday, said Dubai Airports in a statement. The launch is timed to coincide with the start of the tourism season in Dubai, […]

Turkish Airlines
Finnair and Turkish Airlines Start Codeshare Partnership

Reading Time: < 1 minute Finnair and Turkish Airlines have recently announced a codeshare agreement that brings more choice to their passengers. Starting September 29, Turkish Airlines will add the Finnair AY code to the route between Helsinki and Istanbul, and from Istanbul to Athens, Sofia, Thessaloniki, Amman, Sharm El Sheikh, Hurghada, Luxor, Antalya and Gazipasa. Likewise, the Turkish Airlines […]

Boeing 737 MAX
Vietnam Might Fully Lift Its B737 MAX Ban

Reading Time: < 1 minute According to VnExpress, the Civil Aviation Authority of Vietnam has proposed that the Boeing 737 Max aircraft fly in Vietnam but not just over it. The report says the CAAV has approached Vietnam’s Ministry of Transport to lift the ban, providing an argument that 178 out of 195 countries worldwide have already done so. “Based […]

Boeing
Boeing Spends $1 Million To Assist After Hurricane Ida

Reading Time: < 1 minute Boeing announced on Wednesday that it would spend 1 million U.S. dollars from the Boeing Charitable Trust to assist with disaster recovery in the aftermath of Hurricane Ida. Hurricane Ida was a category four hurricane that hit Louisiana in August and September 2021. It caused an estimated US$50 billion in damages and led to the […]

Bamboo Airways 787
Bamboo Airways Signed $2 Billion Boeing 787 Engine Agreement

Reading Time: < 1 minute On September 21, Vietnam’s Bamboo Airways has signed a deal worth nearly $2 billion with General Electric (GE.N) to purchase GEnx engines to power Boeing 787-9 Dreamliner aircraft. The signing ceremony took place on September 21 in New York, USA. The Vietnamese President Nguyen Xuan Phuc was present at the event. The GE agreement is […]

Airbus
The US Relaxes Its European Travel Ban in November

Reading Time: < 1 minute From November 2021, the US will likely lift its ban on travel from Europe to the States. For 18 months, only US citizens, immediate family members and those on a shortlist of exemptions have been allowed to enter the US from the EU and UK. Now, President Biden has announced the repealing of the ban, […]