Reading Time: 2 minutes Alitalia’s staff rejecting a last minute restructuring bid to keep the airline afloat, has not only pushed the European airline to begin bankruptcy proceedings for the second time in a decade, but has also put Abu Dhabi-based Etihad’s European future in question. Etihad paid €560 million for its 49 percent stake in Alitalia in 2014, […]

Reading Time: < 1 minute Honeywell reported a strong start to 2017, with over 2% organic sales growth, 70 basis points of segment margin expansion, and free cash flow of nearly US$800m that was more than six times greater than 2016. The strong operational performance resulted in reported earnings per share of US$1.71. Normalizing for tax, earnings per share was […]

Reading Time: < 1 minute For the first quarter of 2017, United Airlines reported that revenue was US$8.4bn, an increase of 2.7% year-over-year. First-quarter 2017 consolidated pssenger revenue per available seat mile (PRASM) was flat and consolidated yield increased 0.4% compared to the first quarter of 2016. Operating expense was US$8.1bn in the first quarter, up 7.9% year-over-year. Excluding special […]

Reading Time: < 1 minute Following on from the announcement that 245 workers are to be laid off on May 19 after action taken by Boeing in January and March this year, the commercial airplanes unit has warned employees that hundreds more engineers are likely to be affected by another round of involuntary layoffs. It is understood these will begin […]

Reading Time: 2 minutes In response to last week’s highly publicised incident where a passenger on a United Airlines jet was forcibly removed to make way for a United crew member, the carrier has announced a change to its policy relating to ‘must-ride’ crew members. From now on, such crew members must make a seat booking at least one […]

Reading Time: 2 minutes At a global scale FBOs are all about time and cost efficiency, swiftness and comfort. But while in the US and UK markets the competition within different FBOs is heavily determined by the price of fuel, in South America other separately priced services, including fuel, generate a rather compelling mix of variables before clients can […]

Reading Time: 3 minutes The 4th China Civil Helicopter Operation & Development Forum have been confirmed to be held on 8th-9th June, 2017, in Renaissance Beijing Capital Hotel. The Greater China civil helicopter fleet continued to grow strongly in 2016 at a high rate of 18% – the highest growth rate in all of the Asia Pacific region–rising from […]

Reading Time: < 1 minute Austrian Airlines carried almost 2.2 million passengers in the period January to March 2017, comprising a rise of 6.6 percent in a year-on-year comparison. This increase is mainly due to the expanded bilateral flight traffic between Austria and Germany. The flight offering measured in available seat kilometers (ASK) was increased by 3.3 percent to more […]

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 […]

Reading Time: < 1 minute Italy’s flagship airline Alitalia was forced to cancel 60 percent of its flights on Wednesday due to a strike over plans for the troubled airline to slash over 2,000 jobs, according to Arabian Business and AFP. The strike, called by several trade unions, had been expected and the company managed to offer alternative flights to […]