Reading Time: 2 minutes Lufthansa has put the ball squarely in the Abu Dhabi governments court, saying its ties with Etihad could grow ever closer, if the government wants. Germany’s biggest and Europe’s third biggest airline CEO was in Abu Dhabi last week, the second time in four months. This time he was part of the delegation visiting with […]
Reading Time: 5 minutes In 2016, the Russian economy continued crisis, complicated by low energy prices and the continuation of financial and economic sanctions. Key economic indicators (according to the Federal State Statistics Service) in relation to 2015: Gross domestic product – 99.3%, industrial production index – 101.1%, production index by type of activity “Manufacturing” – 100.1%. The production […]
Reading Time: 3 minutes WestJet announced today it set two GUINNESSTM WORLD RECORDS titles when the airline built and illuminated a kilometer-wide prize wheel in the Utah desert as flight 1118 from Toronto, descended into Las Vegas. On board, one lucky guest received the Vegas trip-of-a-lifetime when their seat number appeared on the giant LED wheel. Watch how the […]
Reading Time: < 1 minute Emirates airlines has disclosed pilot compensation ahead of a recruitment drive to be held in South Africa, Bahrain and Singapore this month. According to the airline, captains of A380 and B777 are offered a total monthly tax-free salary of $16,013. This includes $11,633 a month basic salary plus average flying pay, and $4,380 a month […]
Reading Time: 2 minutes Qantas boss Alan Joyce has had a cream pie shoved in his face while speaking to a packed business breakfast in Perth. He was less than two minutes into a speech to 500 executives at Perth’s exclusive Hyatt Regency hotel on Tuesday when a man in a suit appeared from behind a curtain on the […]
Reading Time: 2 minutes A cargo plane contracted by UPS crashed Friday morning in West Virginia. The flight took off from Louisville and slid off the runway and crashed while landing at Charleston’s Yeager Airport. The airport reported it appeared one of the aircraft’s wings hit the runway surface and the aircraft went off to the left of the […]
Reading Time: 3 minutes A Porsche Cayenne has successfully towed an Air France Airbus A380 weighing 285-tonnes. The Cayenne, driven by Porsche GB technician Richard Payne, towed the aircraft over a distance of 42-metres at the Air France H6 maintenance hangar at Paris Charles de Gaulle Airport, improving on the previous Guinness World Record title of 115-tonnes. Air France […]
Reading Time: 4 minutes “We have continued on our successful track in the first quarter of this year and achieved another good result,” said Ulrik Svensson, Chief Financial Officer of Deutsche Lufthansa AG, presenting the Lufthansa Group’s financial results for the first three months of 2017. “For a period that is traditionally difficult for the airline industry, we have […]
Reading Time: 2 minutes The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by […]
Reading Time: 2 minutes Alitalia’s staff rejecting a last minute restructuring bid to keep the airline afloat, has not only pushed the European airline to begin bankruptcy proceedings for the second time in a decade, but has also put Abu Dhabi-based Etihad’s European future in question. Etihad paid €560 million for its 49 percent stake in Alitalia in 2014, […]