Category: Airlines & Airports

New Private Jet Terminal To Be Built At Sharjah Airport

Sharjah Airport Authority has signed an agreement with Gama Support Services to build and operate a new private jet terminal worth AED 110 million. The new project will spread over more than 40,000 square metres and comprise two private jet hangars with a capacity of two large Boeing Business Jets each. The facility will include […]

FAA To Award $290.6 Million In Airport Infrastructure Grants

The U.S. Department of Transportation announced the Federal Aviation Administration (FAA) will award $ 290.6 million in airport infrastructure grants to 105 airports in 38 states across the United States as part of the FAA’s Airport Improvement Program (AIP). The airport grant program funds various types of airport infrastructure projects, including runways, taxiways, and airport […]

Air France Unveils New Airline Joon To Target Millenial Travellers

Air France presents its new airline, Joon, which will start operating medium-haul flights from Paris-Charles de Gaulle this autumn, followed by long-haul flights in summer 2018. Joon is especially aimed at a young working clientele, the millennials (18 to 35 year-olds), whose lifestyles revolve around digital technology. This new brand has been entirely designed to […]

Turkish Airlines Looking At Equity Investments In Asia

Turkish Airlines chief is looking at buying stakes in airlines across India, China and the US. Speaking to reporters last month, the airline’s CEO Ilker Ayci mentioned he is looking at investing in equity stakes in airlines as a way to offset potential shocks from growing protectionism. “We have grown organically so far, but politicians […]

Russia’s MC-21 And IL-114 Win New Orders At MAKS Air Show

Russian-manufactured aircraft—the Irkut MC-21 and Ilyushin IL-114—won new orders on the second day of the MAKS Air Show in Moscow. Russia’s Ilyushin Finance Co. (IFC) signed a letter of intent with Saratov Airlines to lease six MC-21-300s July 19. The 211-seat aircraft is scheduled to be delivered from 2022-2025. The Saratov-based carrier has not yet […]

Wizz Details Hike In 2020 Capacity

Low-cost operator Wizz Air expects to have 15% more aircraft in its fleet by March 2020 than it had indicated a year ago. The airline’s latest fleet schedule, disclosed during its first-quarter results presentation, shows it will have a fleet of 120 aircraft by the end of the 2019-20 fiscal year. This figure is a […]

Cathay’s First Half Operating Performance ‘Disappointing’

Cathay Pacific chief executive Rupert Hogg says the airline’s operating performance during the first half of the year was “disappointing” due to the challenging competitive environment. “When we announced our results for 2016 in March, we said we expected the operating environment in 2017 to remain challenging. This has been the case,” says Hogg in […]

Aeroflot Signs Contract For 20 Russian Sukhoi Superjet 100 Aircraft

PJSC Aeroflot, VEB Leasing and JSC United Aircraft Corporation have entered into a contract for the delivery to Aeroflot of twenty Sukhoi Superjet 100 (SSJ100) aircraft. The contract was signed yesterday by Aeroflot CEO Vitaly Saveliev, Vnesheconombank Chairman Sergey Gorkov and President of the United Aircraft Corporation (UAC) Yuri Slyusar. The signing ceremony took place […]

United Defers First Four A350s

United Airlines has deferred its first four Airbus A350-1000 deliveries, as it continues to consider alternatives to the aircraft. The Chicago-based carrier says the deliveries have been moved “out of 2018”, in a quarterly earnings statement today. It does not say when the A350s will be delivered. It remains unclear whether United will take the […]

5 Airports Prove to Be the Best in the World

Air travel is no longer a luxury commodity – on the contrary, it proves to be as indispensable to everyday life as medicine or telecommunications. Apart from occupying a pivotal role in the social development, aviation also brings enormous benefits to modern economies by unlocking their potential for more profitable trade and tourism. Without a […]