Tag: aviation

Budget Support for Russian Aircraft Makers Cut Again

Reading Time: 2 minutes The Russian government has decided to once again cut the budget of the federal program to develop the aviation industry in 2013-2025. A decree signed by Prime Minister Dmitry Medvedev on March 31 reads that the amount of federal budget funding for the program will be reduced by 11.4%. from 714.2 billion rubles ($12.47 billion […]

Families, Sports and Fun Lovers to Drive Private Aviation in 2017

Reading Time: 5 minutes Within growing commercial airlines ticket fees and increased discomfort features about flying first class, the market for private jets has increased firmly. Nowadays, private flights are popular not only stereotypically for business, but also for private tourism, sport or entertainment industries as well. Growing demand can be associated not only with intensified terrorism attacks, but […]

Top 10 Engine In-Service Fleet OEMs: 2021

Reading Time: < 1 minute The top five engine OEMs will account for 79% of the overall market. Through the next five years, the worldwide engine in-service fleet will reach nearly 83,000. This fleet is projected to generate $130 billion in engine MRO demand.

‘More Comfortable’ Economy Middle Seat to Be Unveiled

Reading Time: 2 minutes Molon Labe has teamed up with BMW’s Designworks and Panasonic Avionics to create an economy-cabin design that would make the middle seat wider and more attractive. A concept model of the novel design will be unveiled at the Aircraft Interiors Expo in Hamburg, April 4-6. The Stagger Seat, or S2, is a variation of Molon […]

Lufthansa to Invest €500 Million in Customisation and Digitisation

Reading Time: 3 minutes People are used to arranging their lives according to their customized preferences. To support this, the Lufthansa Group is making major investments in the areas of product customization and digitalization. Between now and 2020, the Lufthansa Group will be investing 500 million euros in the new development and improvement of personalized digital offers alone. Whether […]

Dubai Gets First Woman Commercial Pilot in Royal Family

Reading Time: < 1 minute Shaikha Mozah Al Maktoum, one of the female members of Dubai’s ruling family, is claimed to have become the first woman commercial pilot, according to media reports. A few members of the Al Maktoum family took to Instagram to congratulate the young achiever, expressing their pride and joy on her accomplishment. On Sunday, Shaikha Latifa […]

Gulfstream Flies Second G600 Test Aircraft

Reading Time: < 1 minute Gulfstream Aerospace Corp. announced the second Gulfstream G600 completed its first flight, spending 4 hours and 26 minutes in the air and officially joining the flight-test campaign. “The addition of a second flight-test aircraft just 10 weeks after the first demonstrates the rigor and discipline inherent in our development programs and continues a cadence of […]

Which Aviation Training Centre in Europe Was Voted the Best?

Reading Time: 3 minutes Aviation training is a very important stage in the career of all the aviation-related people: flight crew members, flight dispatchers, air traffic controllers, maintenance personnel and many others. Therefore, in order to have good theoretical and practical preparation and be confident that your professional skills match the requirements, it is important to carefully choose the […]

Qantas Posts $372 Million Net Profit for 1H FY2017

Reading Time: 2 minutes Qantas reported a consolidated net profit of A$515 million ($372.1 million) for the first half of its FY2017 (July-December 2016), down 25.1% from A$688 million in the first half of FY2016. Group revenue declined 3.3% to A$8.2 billion for the period. Expenses stayed even year-over-year (YOY) at A$7.4 billion. The group’s operating profit came to […]

Boeing Delivers Korean Air’s First 787-9 Dreamliner

Reading Time: < 1 minute Boeing and Korean Air celebrated the delivery of the airline’s first 787-9 Dreamliner. The Seoul-based carrier will be the first Korean carrier to operate the 787-9 Dreamliner in the country. The airline is scheduled to launch domestic flights to Jeju from Seoul (Gimpo) for a month as part of the required certification period, before launching […]