Reading Time: < 1 minute Shares of Boeing rose after the company announced that its Q3 profit soared 31% to $2.36 billion driven by defence volume and orders for new planes placed by airlines to meet growing demand for travel. Boeing delivered 190 airliners in the quarter, including 57 737 MAX airplanes. That is down 12 from the same period last […]
Reading Time: 2 minutes Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture in both scope and service, offering an enhanced and expanded network, industry-leading products and service and a seamless customer experience between the U.S. and Asia. The agreement deepens their historic partnership, which spans nearly two decades. Delta […]
Reading Time: < 1 minute Turkmenistan Airlines, the flag carrier of Turkmenistan and a subsidiary of state-run Turkmenhowayollary holding company, has been turned into a joint-stock company by a presidential decree, according to the government portal Turkmenistan: Golden Age. The decree reads that the carrier is now a public joint-stock company. Turkmenhowayollary, which controls the lion’s share of the company’s […]
Reading Time: 2 minutes Qatar Airways and British Airways’ parent company, International Airlines Group (IAG), has announced a joint business agreement, which will come into effect on 30 October 2016. The joint business will benefit customers by offering a wider choice of flights, an enhanced network, greater choice of fares and superior benefits for members of their frequent flyer […]
Reading Time: 2 minutes RUAG Aviation announces the successful delivery of an overhauled ATR landing gear shipset after 35 days. This announcement marks a company first for RUAG Aviation. The competitive turnaround time is significantly faster than average and proves the company’s established competency in landing gear maintenance. This event secures the expansion of the RUAG Aviation service portfolio […]
Reading Time: < 1 minute The National Aircraft Resale Association (NARA) continues to set the aircraft sales pace by representing 50% of the pre-owned business jet transaction market worth $9.5 Billion in 2015 (per JETNET). NARA Broker and Dealer members represent just 5% of the more than 1000 aircraft brokers worldwide, but have continued to thrive with honesty, transparency and […]
Reading Time: < 1 minute Just three months after its adoption by the European Commission, the Aviation Strategy is starting to deliver its first results. The 28 EU Member States have authorised the European Commission to open negotiations with China and Japan in view of concluding Bilateral Air Safety Agreements. Such agreements enhance air safety worldwide and contribute to the […]
Reading Time: < 1 minute Russia’s Federal Air Transport Agency, Rosaviatsia, has published a list of airlines recommended for civil servants traveling on business. The list consists of 20 Russian carriers—including Aeroflot and its subsidiaries, Aurora, Donavia, Pobeda, Rossiya Airline, OrenAir as well as Vim Avia, S7 and Globus, Grozny Avia, IrAero, Nordavia, Red Wings, Rusline, Severstal, NordStar, Ural Airlines, […]