Category: Airlines & Airports

Etihad Restructures Its Aircraft Order Book

Reading Time: 1 minute Etihad Airways, the second-largest airline of the United Arab Emirates, announced restructuring its aircraft order book. The agreements with Airbus and Boeing were reached, although the details were not disclosed. In the overview of the 2018 results, Airbus revealed about the commercial discussion with Etihad to reduce airline’s A350 order by 42 A350-900, leaving 20 A350-1000 for […]

A380: Airbus to Stop Making World’s Largest Passenger Jet

Reading Time: 1 minute Airbus, the manufacturer of the world’s largest passenger aircraft, announced it will stop the production of its double-deck giant A380. The announcement came after the biggest customer for A380 aircraft, Emirates, reduced its orderbook from 162 to 123 aircraft. “As a result of this decision we have no substantial A380 backlog and hence no basis […]

British Airways Owner Stops Selling Shares to Non-EU Investors

Reading Time: 1 minute IAG, the owner of British Airways, announced that it stops selling its shares to non-EU investors. Under the EU rules, at least 50% of an airline’s stock must be EU-owned. Currently, the amount of shares owned by non-EU investors in the IAG reaches 47.5 per cent. IAG Group includes 5 airlines: Aer Lingus, British Airways, Iberia, […]

Lufthansa Sues Passenger for Skipping a Flight

Reading Time: 1 minute In 2018 Lufthansa, the largest German airline, sued one of its passengers for intentionally skipping the last of its connecting flights. Reportedly, the flight was from Seattle to Oslo with a stopover in Frankfurt. As flight fares are subject to market forces, and therefore do not necessarily correlate to the distance flown, people are usually […]

Ukrainian Start-Up SkyUp Airlines Reveals Performance Results

Reading Time: 1 minute Privately owned Ukrainian start-up low-cost carrier (LCC) and charter airline SkyUp Airlines, which launched operations in May of last year, carried 441,600 passengers on 2,322 flights in its first seven months of operations, a figure below the originally hoped-for 650,000. The hybrid carrier, which operates flights on behalf of holiday travel company JoinUp! proclaims that it […]

Thomas Cook Considers Selling its Airlines

Reading Time: 1 minute Thomas Cook, one of the world’s leading travel groups, announced a strategic review of its Group Airline in order to get greater financial flexibility and invest in its focus area – own-brand hotel portfolio. Selling the Group Airline could become one of the options. Group Airline consists of 4 airlines: Thomas Cook Airlines UK, Condor Germany, […]

Qantas Cancels Order for Airbus A380. What’s Next?

Reading Time: 2 minutes Qantas, the flag carrier of Australia, has announced cancelling the order for 8 Airbus A380, double-deck, widebody, four-engine airliners. The long-suffering superjumbo got another blow. Therefore, the airline which has 12 A80s in its fleet said it “remains committed to a major upgrade of its existing A380s, which begins in mid-calendar 2019”. Airbus in Talks with […]

Russian Airports Pass Historic Passengers Milestone

Reading Time: 1 minute Russian airports collectively handled some 206.99 million passengers last year, according to figures collected by Rosaviatsiya, the country’s aviation authority. 2018 was the first time in Russia’s aviation history that the number of air passengers exceeded the 200 million mark, an 11 per cent improvement on 2017. Moscow’s three airports of Sheremetyevo, Domodedovo and Vnukovo, […]

Germania Files for Bankruptcy and Cancels Flights

Reading Time: 2 minutes Germania, an independent German airline based in Berlin, has filed for insolvency and cancelled all its flights. In the end of January, 2019, the airline announced about successful negotiations on financing issues, however, did not come up with a workable solution. “Unfortunately, we were ultimately unable to bring our financing efforts to cover a short-term […]

EU Banned Airline Leaves Thousands Stranded

Reading Time: 1 minute Turkmenistan Airlines has been banned from flying to/from the European Union after the EASA suspended its permission for the flag carrier and only airline of Turkmenistan to operate services to/from the EU. The notice about suspension of the flight was announced by the Foreign and Commonwealth Office (FCO) which reported the EASA “has suspended Turkmenistan […]