Reading Time: < 1 minute Boeing and Embraer have confirmed they are undergoing talks towards a possible merger. The confirmation follows a report that the two companies were in discussion by the Wall Street Journal. “There is no guarantee a transaction will result from these discussions. Boeing and Embraer do not intend to make any additional comments regarding these discussions,” […]

Reading Time: 4 minutes 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 […]

Reading Time: 3 minutes Lufthansa has revealed one of its best-kept secrets and unveiled the concept for its brand-new Business Class. It will be available on regular routes for the first time in 2020, with the roll-out of the Boeing 777-9. The new seat is the key element of the service and comfort level in the cabin, which have […]

Reading Time: 3 minutes Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of […]

Reading Time: 2 minutes Boeing and flydubai signed a landmark agreement today for 225 737 MAX airplanes with a list price value of $27 billion. The deal represents the largest-ever single-aisle jet order – by number of airplanes and total value – from a Middle East carrier. Signed at the 2017 Dubai Airshow in flydubai’s hometown, the agreement includes […]

Reading Time: < 1 minute Horizon Air will close its base at Anchorage Ted Stevens during the first quarter of next year as part of a wider withdrawal from the Alaskan market. Alaska Airlines spokeswoman Bobbie Egan told the Alaska Dispatch that the carrier’s fifty-one Anchorage-based pilots and flight attendants had been offered positions elsewhere in Horizon Air whose operations […]

Reading Time: 5 minutes Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year. “The strong backlog and a healthy market environment continue to support our commercial aircraft production ramp-up plans,” said Airbus Chief Executive Officer Tom Enders. “We confirm our outlook even though this year’s delivery schedule is extremely back-loaded, largely due to […]

Reading Time: < 1 minute Thomas Cook Group Airlines has announced that it has applied for a Spanish Air Operator’s Certificate (AOC) for a new Mallorca based airline and plans to launch its new airline, Thomas Cook Airlines Balearics, from spring 2018. “With our new airline, we are able to counter seasonal fluctuations, plan more cheaply and offer our customers […]

Reading Time: < 1 minute The shareholders of Russian airlines Nordavia and Red Wings have approved a merger of the two companies and started preparations for consolidation under common management, Nordavia said in a statement on Monday. This reported by PRIME. “We plan to create an airline holding with a united management company on the basis of Nordavia and Red […]

Reading Time: < 1 minute According to Italian newspaper Corriere della Sera, the German airline Lufthansa has offered €500 million (US$590) for the ailing Italian flag-carrying airline, Alitalia. It is understood that the offer is for the planes, airport runway slots, and air crew. However, it is believed that Lufthansa’s intention will be to reduce the 12,000-strong workforce by half, […]