Category: Top Stories

Qatar Waives Entry Visa Requirements For Citizens Of 80 Countries

Qatar’s Ministry of Interior (MoI), Qatar Tourism Authority (QTA) and Qatar Airways announced that Qatar will allow visa-free entry for citizens of 80 countries, effective immediately. Citizens of those countries* wishing to visit Qatar will no longer need to apply or pay for a visa; instead, a multi-entry waiver will be issued free-of-charge at the […]

Boeing 787-800 Dreamliner Takes The Selfie To New Heights

All new planes have to go through an endurance test to ensure they’re passenger-ready, which is what a Boeing 787-800 Dreamliner was conducting. However, the routine test went off the rails – or off the clouds, rather – when it turned back toward Seattle, where it originated, after flying about 2,000 miles. Then it turned […]

Airport Reconstruction: Temporary Losses Before Permanent Success

In the modern world of possibilities, airports, just like all the other units comprising the aviation industry, are greatly accelerating the pace of their development. New terminals full of entertainment for passengers, services easing check-in or boarding processes as well as many other technological innovations are literally springing up in airports like mushrooms overnight.  Nevertheless, […]

Etihad Looses $2 Billion – Despite Receiving $1.7 Billion In Subsidies

A new analysis from forensic accountants on behalf of the Partnership for Open & Fair Skies has revealed that Etihad Airways suffered a $2.06 billion operating loss in 2015, even as the airline received $1.7 billion in new subsidies from its government. The accountants also discovered that Etihad had an operating loss of $1.4 billion […]

Ryanair B738 Overruns Runway On Landing At Bucharest

A Ryanair Boeing 737-800 performing flight from Berlin Schoenefeld (Germany) to Bucharest Otopeni (Romania) with 183 people on board landed on Otopeni’s runway but overran the displaced end of the runway, damaged a runway end light and came to a stop on the paved surface of the runway. The aircraft was able to immediately turn […]

Future Of Airbus A380 Said To Hinge On Emirates Order

Airbus is working on vital sales campaigns aimed at extending the life of its flagship A380 superjumbo, with outgoing marketing chief John Leahy seeking to secure orders by the Dubai Air Show in November, people familiar with the matter said. Key to the push is a requirement for 20 jets worth $8.7 billion at leading […]

Ryanair Posts 55% Profit Rise In First Quarter

Ryanair has posted a 55% rise in first quarter profit to €397m. This result is distorted by the timing of Easter in the first quarter, with no holiday period in the prior year comparative. Traffic grew 12% to 35m as Ryanair’s lower fares and “Always Getting Better” (AGB) programme delivered a record 96% load factor. […]

Buying Stakes In Legacy Airlines Not An Option: Oman Air CEO

Oman Air is looking to grow flights into India, but the carrier’s plans don’t include buying any stakes in airling Air India. CEO Paul Gregorowitsch said the Gulf’s history with buying stakes in legacy airlines hasn’t born fruit. “As a businessman, you are far more eager to participate with a profit-making airline and not having […]

Etihad Airways Could Deepen Alitalia Stake

Italy’s Alitalia has received around 10 non-binding offers for total or partial take-over, including from UAE national carrier Etihad Airways and budget airline Ryanair. The deadline for the loss-making company to receive non-binding offers was 6:00 pm local time (1600 GMT). Alitalia, which has struggled to compete with low-cost rivals including Ryanair, went into administration […]

Global Expansion Through Business Acquisition In Aviation: The Better Way?

To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With […]