Reading Time: < 1 minute Samoa’s new international airline Samoa Airways and Fiji Airways have signed an agreement to jointly pursue a range of commercial opportunities. Fiji Airways CEO, Andre Viljoen, said the MOU will allow Fiji Airways to assist Samoa’s new international airline operation to get up and running. He said the objective was to get Samoa’s own airline […]
Reading Time: 2 minutes UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30. As a result, easyJet raised its profit guidance and expects its pretax headline profit for the full-year to reach £380–£420 million, compared with the £365 million analysts predicted. However, the LCC warned low […]
Reading Time: 2 minutes Lufthansa is launching seven new winter destinations starting at the end of October: Pamplona, Genoa, Bari and Catania are the new destinations available from Frankfurt. The offer from Munich will be extended to include Nantes, Glasgow and Santiago de Compostela as further attractive city connections. Pamplona is on the Lufthansa flight schedule for the first […]
Reading Time: < 1 minute Italy’s Alitalia has received around 10 non-binding offers for total or partial take-over, including from UAE national carrier Etihad Airways and budget airline Ryanair. The deadline for the loss-making company to receive non-binding offers was 6:00 pm local time (1600 GMT). Alitalia, which has struggled to compete with low-cost rivals including Ryanair, went into administration […]
Reading Time: < 1 minute 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 […]
Reading Time: < 1 minute 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 […]
Reading Time: 2 minutes 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 […]
Reading Time: < 1 minute 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 […]
Reading Time: < 1 minute 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 […]
Reading Time: < 1 minute 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 […]