Tag: Gediminas Ziemelis

No More Need to Own a Private Jet

Reading Time: 2 minutes Owning a private jet has long been a symbol of wealth and success, but the market seems to be showing a rather drastic shift. According to JETNET, year over year, manufacturing companies are seeing decreases in the number of aircraft being purchased and newer models of aircraft especially are also seeing a significant drop in […]

Avia Solutions Group to Acquire Chapman Freeborn

Reading Time: 2 minutes Avia Solutions Group, a global multipurpose aviation holding, has entered into an agreement to acquire 100 per cent of the shareholding in UK-headquartered Chapman Freeborn Group – a worldwide market leader for aircraft charter solutions. The acquisition agreement was signed in London, United Kingdom on 14 June 2019. The addition of Chapman Freeborn’s worldwide businesses […]

Did You Know How Expensive Flying is?

Reading Time: 2 minutes Over the last decade, with the rise of low-cost airlines, flying became accessible to the masses – over 4.3 billion passengers were carried on scheduled flights in 2018 and the number is still on the rise. Passengers enjoying the historic-low ticket prices do not always perceive the heavy cost burden associated with flying. The expenses […]

Will Japan Become a Powerful Player in Aircraft Manufacturing?

Reading Time: 2 minutes In a money heavy industry like aviation, financing is the difference in success and failure. At the moment, only players who have a proven track record are able to keep a strong foothold in the industry, but the tides could soon be changing as countries like Japan set up tax regulations that encourage Japanese investors […]

Publicly Listed Airlines Cheating Investors on E261?

Reading Time: 3 minutes Over €5bn in compensations are not disclosed on major European airlines’ financial reports over the last three years. With up to 90% of passengers being aware of their rights on claim compensations for disrupted flights and compensation obligations remaining valid for up to 10 years (depending on the country), it is of utmost importance that […]

Is One Pilot Greater Than Two?

Reading Time: 3 minutes Aviation evolves and some things that were deemed as necessary are no longer needed. Regulations tend to lag behind technological developments, so it often takes time before capabilities are implemented, even when it is technically possible. Other times the paradigm is what lags and old methods stay because of public reception. The next in commercial […]

Do We Still Have Competition in Aircraft Manufacturing?

Reading Time: 3 minutes Air travel today is down to a very exact science. When airlines are building their fleets, they have a multitude of factors to consider when carefully selecting which aircraft will best help them accomplish their desired mission. Passenger volume and route distance will dictate if the airlines need a narrow-body or wide-body but when it […]

A New Era of Narrow Bodies to Revolutionize Long Distance Travel

Reading Time: 4 minutes The growth of commercial air transportation has ushered in new trends in how people travel, and with it, new sub-industries have emerged. The airline transportation market is growing at an unprecedented rat. In 2016, for instance, airlines carried a 7% increase in passengers over 2015. With new passengers comes new demands. Because of this growth, […]

Real Benefits to Aviation from a Virtual Source

Reading Time: 3 minutes From video games to aviation, and even video games about aviation, virtual reality has a strong foothold in society; and thanks to rapidly developing technologies virtual reality is earning an invaluable place in the very real field of aviation. More effective training for pilots and mechanics In the purest sense, virtual reality is already implemented […]

Wet Lease to Grow 10% by 2022

Reading Time: 2 minutes In recent years, the aviation industry has developed rapidly and this is unlikely to end any time soon. The strong expansion can be seen across aviation, and particularly in passenger traffic. Growth is accelerating too: according to Eurostat, EU-28 passenger traffic rose by around 4% in 2012 and this increased to 5.8% in 2016. Factors […]