Tag: aviation industry

British Airways Cabin Crew Begin 16-Day Strike Over Wages

Reading Time: < 1 minute After 26 days of strike action taken already this year in connection with a protracted pay dispute, BA cabin crew began a further 16-day strike at 00:01hrs on July 1, which will last until 23:59hrs on July 16. The strike is being held by members of the Unite union who work on both long-haul and […]

Etihad Backed Alitalia Might Have Found A Saviour

Reading Time: < 1 minute Europe’s largest airline by passengers has said it would invest in struggling carrier Alitalia if it would receive a majority stake in return. Etihad backed Alitalia entered administration in May after staff rejected a last minute restructuring deal that would have shed thousands of jobs but freed up enough cash for the airline to remain […]

Mitsubishi Regional Jet: To Be Or Not To Be?

Reading Time: 3 minutes After the World War II, Japanese aerospace industry was totally cut off from creation and production of its own aircraft. Nevertheless, Japanese companies were among the main suppliers of various components for aircraft manufacturing corporations. This allowed them to gain useful and invaluable experience. In 2008, Mitsubishi Heavy Industries (MHI) decided to return to the […]

Qatar Looks To U.N. To Resolve Gulf Airspace Dispute

Reading Time: < 1 minute Following the escalation of the diplomatic row between Qatar, and Egypt, Bahrain, The United Arab Emirates and Saudi Arabia, which has seen the cutting of diplomatic and transport ties, the Gulf state has turned to the United Nations (U.N.) for help. Qatar has sent a letter to the International Civil Aviation Authority (ICAO) governing council […]

Is Emirates CEO About To Step Down?

Reading Time: < 1 minute The end of Clark’s reign as president of the world’s biggest international airline is a topic that has been cropping up increasingly often as turbulence envelops the Gulf aviation industry. Some sources have told Aviation Business that Clark’s departure might come as early as autumn this year. Those reports are unconfirmed, and Clark himself has […]

Watch How Airbus Makes A Groundbreaking Family Flight

Reading Time: < 1 minute In a groundbreaking first, Airbus flies its A350 XWB, A400M, Eurofighter Typhoon and H160 together in a one-of-a-kind performance. This aeronautical achievement symbolizes the new united Airbus family. More than ever, we make it fly.    

Qatar Airways’ Loss Could Be Emirates’ And Etihad’s Gain

Reading Time: 2 minutes Besieged by a lack of airspace after being shut out of neighbouring Gulf countries last week, Qatar Airways is having to take unsustainably long routes to continue on long-haul network commitments. Flight radar graphics show its B777s enroute to Sao Paolo stopping in Athens because they can’t carry enough fuel to fly nearly 17 hours […]

Qatar Airways Reports 2017 Fiscal Year Success

Reading Time: 2 minutes Under pressure Qatar Airways today released its 2016-2017 annual report revealing a 21.7 per cent year-on-year net profit increase. The results also show an annual revenue increase of 10.4 per cent. Qatar Airways’ available seat kilometres (ASK) increased by 21.9 per cent in the fiscal year to 185,208 million. Chief executive, Akbar Al Baker, said: […]

Further US Airline Consolidation Unlikely For Now

Reading Time: 2 minutes Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to PricewaterhouseCoopers (PWC). “I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun. […]

Strong Profits Continue – Labor, Fuel and Supplier Costs on the Rise

Reading Time: 7 minutes The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). “This will be another solid year of performance for the airline industry. Demand for […]