Category: Airlines & Airports

Heathrow Ranked The Best In The World For Connectivity

London Heathrow has taken the number one spot in OAG’s annual list of the top 50 international megahubs, with the top three airports all hailing from Europe. Frankfurt took second spot while Amsterdam sat in third place. However, Heathrow was the only UK airport to feature in the top 50 list. Measured through OAG’s connections […]

AviaAM Financial Leasing China Concludes $500 Million Aeroflot Project

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, is delighted to announce that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has brought a $500 million-worth aircraft delivery project to a conclusion. Eight brand new aircraft were delivered to Aeroflot -Russian Airlines […]

Both Saudi And New Low Cost Subsidiary To Be Privatised

Saudi Arabian Airlines’ along with new low cost subsidiary Flyadeal are due to be privatised by 2020, according to a report by Arab News. “One significant part of the group’s privatisation plan is to incorporate SAAC [Saudi Arabian Airlines Corporation] to become the group’s parent company. There are no explicit decisions for this yet, but […]

Lufthansa Set To Land Air Berlin Assets

Germany’s Air Berlin filed for insolvency in August and its creditors are now discussing how to carve it up. Lufthansa is set to pick up a large part of insolvent rival Air Berlin, and easyJet is also still in the running for some assets, two sources familiar with the matter said. Air Berlin’s creditors met […]

Turkish Airlines To Order 40 787-9 Dreamliners

Turkish Airlines has announced an $11 billion dollar order for 40 Boeing 787-9 Dreamliners. “The 787 Dreamliner is the most technologically advanced airplane in the world,” said M. İlker Aycı, chairman of the board and the executive committee, Turkish Airlines. Our intent to purchase these Dreamliners is to meet the demand for wide-body airplanes at […]

Aeroflot Sells 4.8% Of Shares To Undisclosed Party

Russia’s largest airline Aeroflot has sold 4.8% of its shares to an undisclosed buyer. The shares in question belonged to the carrier’s subsidiary Aeroflot Finance. Kommersant daily reports that the shares represented a quasi treasury stock used for voting purposes by the airline’s management. The impending sale of this stock had been mentioned previously in […]

Japan Airlines Announce Order For Four 787-8 Dreamliners

Boeing and Japan Airlines announced an order for four 787-8 Dreamliners. The order, which was previously listed on the Boeing Orders & Deliveries website, attributed to an unidentified customer, is valued at more than $900 million at current list prices and will expand JAL’s Dreamliner fleet to 49 airplanes. “This order for additional 787 Dreamliners, […]

Ryanair Crisis Continues, More Flights Are About To Be Cancelled

A NUMBER OF Ryanair pilots have rejected a cash bonus offer for them to work extra days this year and forego their holidays, and have threatened work to rule action. In a letter sent to management and seen the by the BBC and other outlets – a group representing staff at 17 of the company’s […]

Flydubai Doubles Its Capacity To Russia For The Winter Season

Dubai-based flydubai will double its operations to Russia for the winter season in response to growing passenger demand. The airline presented its seasonal offering at the Leisure 2017 Exhibition that opened today in Moscow where it is participating for the third time in partnership with Dubai’s Department of Tourism and Commerce Marketing (DTCM). From the […]

United Gives 747 Special Send-Off

United Airlines will say goodbye to the Boeing 747 Nov. 7 with a special flight to Hawaii that commemorates its first use of the airliner in commercial service. The flight sold out within hours on Tuesday. The last scheduled United 747 revenue flight will be from Seoul to SFO on Oct. 29. United was the […]