Reading Time: 2 minutes In recent years, the aviation industry has developed rapidly and this is unlikely to end any time soon. The strong expansion can be seen across aviation, and particularly in passenger traffic. Growth is accelerating too: according to Eurostat, EU-28 passenger traffic rose by around 4% in 2012 and this increased to 5.8% in 2016. Factors […]

Reading Time: 3 minutes 2015 was a rough year for Estonia and its national flag carriers. After European Commission concluded the airline had been given illicit state aid, Estonian Air went bankrupt as it could not afford to return the sums – € 85 million. At the same period of time, as a contingency plan, Estonian state established new […]

Reading Time: 2 minutes The air transport industry in 2017 was definitely a ride to remember: travel bans, laptop bans, a handful of bankruptcies, all at the backdrop of unprecedented financial results for airlines. In this end-of-year post, I’d like to go back to several events that made history. This list does not intend to be complete or objective, […]

Reading Time: 3 minutes At first glance, aviation industry in Eastern Europe may seem quite miniscule, however over the past few years this sector in the region experienced a significant growth spurt with some companies from countries like Lithuania now competing with industry giants. Just in a few years, recently founded Lithuanian company AviationCV.com providing aviation personnel recruitment solutions […]

Reading Time: 4 minutes According to the CIA World Factbook, there are 41,820 airports around the world, but not all are created equal, as every investor knows. As the global economy shifts to the East, it’s little wonder that four of the largest airports by the number of passengers carried are located in Asia: Bejing (PEK), Tokyo (HND), Hong […]

Reading Time: 3 minutes Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of […]

Reading Time: 4 minutes In 2016 Lufthansa reported that a single six-day-long pilot strike cost the airline €100 million ($118 million). It was the 15th time in two years when pilots at the Lufthansa group’s namesake airline had walked out in a lengthy battle led by the local union. And legacy carriers are far from the only ones suffering […]

Reading Time: 3 minutes Avia Solutions Group offers airlines a way to save up to 150 million euro per year. It would be an underestimation to say that Air Berlin is having a bad year, topping even 2016, when the carrier reported a loss of 782 million euro. With Etihad out of the picture, and only a governmental loan […]

Reading Time: 2 minutes Laserpas, a leading international Remotely Piloted Airborne System (RPAS) operator in the Baltic States, announced having completed another power grid inspection pilot project for one of the national transmission operators in the Baltics. Having inspected 330 kV power grid line spanning over 136,17 km, company uncovered over 1500 suspicious and dangerous trees, as well as […]

Reading Time: 2 minutes To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With […]