Category: Top Stories

Lufthansa Acquisition of Niki Collapses After EC Blocks Deal

Air Berlin subsidiary Niki is closing its flight operations, after the take-over by Lufthansa has failed. Niki has filed for insolvency and as of December 14, flights will no longer take off. The European Commission has refused to authorize the airlines’ acquisition by Germany’s largest carrier, Lufthansa. Despite offering to give up a number of […]

Strong Airline Profitability Continues in 2018

The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include: A slight decline in the operating margin to 8.1% (down from 8.3% […]

Bali Volcano – Flight Cancelations Disastrous for Airlines

Hundreds of flights have been canceled and Bali international airport was shut down due to Volcano eruption in Bali. So far over 400 flights were cancelled stranding 59 000 travelers since the Bali’s Ngurah Rai airport – also known as Denpasar International airport – closure on Monday because of falling volcanic ash. After reviewing the […]

Middle East – Still One of the Most Desirable Destinations for Pilots

Despite instability in the region, fluctuating oil prices and unpredictable politics, the Gulf region is still one of the most attractive destinations for aviation specialists. With the recent news of laptop bans, visa restrictions, a slowdown of the oil industry in the Middle East it may seem that the aviation industry in this region is […]

Is The Current Investment Climate in Aviation Favourable for New IPOs?

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 […]

Airbus A350-1000 Receives EASA and FAA Type Certification

Following an intensive flight test campaign performed in less than a year, the A350-1000 has received Type Certification from the European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA). The certified aircraft is powered by Rolls-Royce Trent XWB-97 engines. The EASA A350-1000 Type Certification document was signed by EASA’s Certification Director, Trévor Woods, […]

Bombardier Predicts Latin America’s 60-to-150-seat Aircraft Fleet Will Double

Bombardier Commercial Aircraft’s Market Forecast 2017-2036 for Latin America predicts that overall traffic is expected to grow 5.1% annually and intra-regional traffic to grow slightly more than the world average at 5.6% annually over the next 20 years. Total deliveries in the 60- to 150-seat marked segment to Latin America are expected to number 1,050 […]

This is Airbus Largest Single Announcement Ever

Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements […]

Khabarovsk Airlines Let L-410 Crash Kills Eight, Child Survives

A small passenger plane has crashed in the Russian Far East, killing up to 8 people on board, according to local police. One child has survived the crash. According to the latest reports, eight people are thought to have been killed, including two crew members. A three-year-old girl is the sole survivor of a plane […]

Boeing and flydubai Sign Historic Deal for 225 737 MAX Airplanes

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 […]