Tag: aviation

2016 – A Year of Sustained Growth for Etihad Airways

Reading Time: < 1 minute Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up 6% on 2015. The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which […]

South African Airways Warns of Ticket Scam

Reading Time: < 1 minute South African Airways (SAA) is warning its customers of a hoax survey prevalent on social media suggesting SAA is offering free tickets to fly anywhere. “SAA is neither conducting an online survey nor offering free flight tickets. We have no association whatsoever with this so-called survey. Free flight tickets are a luxury we cannot afford […]

Flynas Orders 60 Airbus A320neo Family Aircraft

Reading Time: 2 minutes Flynas, Saudi Arabia’s leading low-cost carrier, has signed an agreement with Airbus for 60 A320neo Family aircraft. In addition to the 60 aircraft, Flynas has converted 20 A320ceo from a previous order to A320neo bringing the airline’s total firm order to 80 A320neo. The deliveries are scheduled to take place during 2018-2026. The agreement was […]

Helicopter Industry Battling Back

Reading Time: 5 minutes The helicopter industry is having a torrid time with sales and deliveries down, mainly because of the low oil price stifling demand from the energy sector.  There has also been a spate of crashes, with three major manufacturers all affected. But, despite the issues, helicopter original equipment manufacturers (OEMs) are all pushing ahead with new […]

Emirates Group Announces Half-Year Performance

Reading Time: 4 minutes The Emirates Group announced its half-year results for 2016-17. The Group held steady on revenue, but profit was hit by the double impact of a strong US dollar and challenging operating environment for the airline and travel business. Following one of its best ever half-year profit performances last year, the Group for 2016-17 reported a […]

BOC Aviation Closes US$1.5 Billion Syndicated Revolving Credit Facility

Reading Time: < 1 minute BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has closed a US$1.5 billion unsecured syndicated revolving credit facility (the “Facility”), increased from an initial launch size of US$1 billion. The Facility is comprised of two US$750 million tranches with tenors of three years and five years, respectively. The Facility […]

Principles to Manage Aviation’s Security Challenges

Reading Time: 3 minutes The International Air Transport Association (IATA) called on industry and governments to work together in an even stronger partnership to provide durable solutions to aviation’s security challenges. These efforts, which must be based on common principles, include such areas as overflying conflict zones, landside security at airports, insider threats, cyber security, harmonization of PNR (passenger […]

Realizing India’s Aviation Potential

Reading Time: 3 minutes The International Air Transport Association (IATA) called for a renewed look at the results of Indian public-private partnership in airport privatization, a reduction in taxation and for India to join international efforts on sustainability for air transport. These will be key enablers of a vitally important industry to India to be an even bigger catalyst […]

Airbus Offers a Peek at Its Flying Taxi

Reading Time: 2 minutes European aerospace giant Airbus has quietly lifted the curtain on an ambitious Silicon Valley project called Vahana. It’s a pilotless passenger aircraft that aims to someday add a vertical component to your commute. Think of Uber-like air taxis that can beat the traffic on Highway 101 by flying over it. Airbus has shared few details […]

Icelandair to Add 13% Capacity in 2017

Reading Time: < 1 minute Icelandair is to add 13% year-on-year international capacity and has confirmed plans to add another pair of Boeing 767-300s in 2017. The extra capacity—totaling a 13% increase in ASKs, or 8% more flights—will include two new destinations and increased frequencies to several gateways in both North America and Europe. “The difference [between the ASK and […]