Tag: aviation industry

AerCap Leased, Purchased and Sold 114 Aircraft in the First Quarter 2018

AerCap has announced its major business transactions during the first quarter 2018. The Company signed lease agreements for 83 aircraft, including 15 widebody aircraft and 68 narrowbody aircraft. AerCap purchased 7 aircraft, including 2 Airbus A320neo Family aircraft, 2 Airbus A350s and 3 Boeing 787-9s and executed sale transactions for 24 aircraft, including 11 Airbus […]

Demand for Private Jets to Grow in 2018

According to IATA, the number of travellers will continue to rise in 2018. Airline passenger numbers are expected to increase to 4.3 billion. So airlines should also expect growth in the number of new aircraft in the market. The European business aviation company KlasJet has noticed this trend too, in the rising number of flight […]

Airlines Under Pressure from Higher Wages and Increased Fuel Costs in 2018

Investors will be keeping a keen eye on how airlines approach the dual problems of rising fuel costs and labor costs this year. Last December the International Air Transport Association (IATA) highlighted these two elements, which are airlines’ highest expenditures, as the major challenge for 2018. In 2016, labor costs accounted for 22% of airlines’ […]

Address Infrastructure Crisis to Secure Aviation’s Future

The International Air Transport Association (IATA) is calling for urgent attention to address infrastructure challenges in order to secure the industry’s future. “Having the infrastructure to grow is vital to our industry’s future. But in many key places, it is not being built fast enough to meet growing demand. And there are worrying trends which […]

Air Travel to The Middle East and Africa Soars

Analysis by ForwardKeys, the company that helps forecast future travel by analysing around 17 million flight booking transactions a day, reveals that flight bookings for travel to the Middle East and Africa grew by 10.5% in 2017 and that growth is set to continue in the first quarter of 2018, as bookings are currently 11.2% […]

Gediminas Ziemelis: 2017 Was Interesting, but 2018 Will Blow our Minds

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, […]

2017: The Safest Year for Aviation in History

The year 2016 seemed to be a year of never-ending aviation incidents. From an Egyptair flight being “forcibly diverted” to Cyprus by a man wanting to impress his girlfriend, to then-Vice Presidential Candidate Mike Pence’s chartered Eastern Airlines 737-700 overrunning the runway at LaGuardia, the accidents and incidents seemed to pile up. The good news, […]

Avia Solutions Group Shares 3 Tips For Airport Developers

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 […]

Hawaiian Airlines to Launch $100mn Share Buyback Plan

Hawaiian Airlines has announced plans to repurchase USD100 million worth of its own stock by the end of 2019. The new stock repurchase programme will extend the existing one, which also covers USD100 million worth of shares. Hawaiian Airlines has repurchased 2.27 million shares worth USD90.5 million in 2017 alone. According to an SEC filing, […]

Lufthansa Group Reports 32% Growth in November

The airlines of the Lufthansa Group have so far welcomed around 121 million passengers on board their aircraft in 2017. The seat load factor this year remains on a record course of 81.1 percent. In November 2017, the airlines of the Lufthansa Group welcomed around 10.1 million passengers. This shows an increase of 32% compared […]