Reading Time: < 1 minute Monarch Airlines is close to revealing a giant order for new Boeing aeroplanes after a major investment from shareholders, according to reports. An extra 15 aircraft, added to the 30 it already ordered in 2014, would put the airline on a secure footing for the foreseeable future. It comes after the airline said on Friday […]

Reading Time: 2 minutes Dubai International (DXB) welcomed a record 7.7 million passengers in August, eclipsing its previous record achieved in July, according to the monthly traffic report issued today by operator Dubai Airports. Passenger traffic at DXB passengers reached 7,727,105 compared to 7,282,256 recorded in the corresponding month last year, an increase of 6.1 per cent. The year to date traffic totalled 55,850,353 […]

Reading Time: 2 minutes Romanian airline Blue Air has today (October 3) revealed plans to establish a new European base at Liverpool John Lennon Airport (LJLA), creating dozens of employment opportunities. As part of the move, which will make LJLA the firm’s eighth European base, Blue Air will locate a 189 seat Boeing 737-800 aircraft to Liverpool at the […]

Reading Time: 3 minutes The number of Chinese visitors to the US is expected to reach 6.5 million by 2020, from 2.4 million last year. When Chinese president Xi Jinping visited the US last September, his first stop was a Boeing factory north of Seattle, where he toured a 787-8 Dreamliner being delivered to Xiamen Airlines. A subsidiary of […]

Reading Time: < 1 minute Delta Air Lines has reached a tentative deal with a union representing about 12,800 pilots. The agreement in principle on 30 September ends a months-long negotiating process with the Air Line Pilots Association International (ALPA) that drew assistance from the National Mediation Board. ALPA’s Master Executive Council at Delta now has until 7 October to […]

Reading Time: < 1 minute Struggling Air Berlin, Germany’s second-largest airline, announced on Wednesday a major restructuring plan that shrinks its fleet and cuts 1,200 jobs. In a statement, the loss-making company said it planned to “concentrate its core operations as a dedicated, focused network carrier serving higher-yielding markets, from its two key hubs in Berlin and Düsseldorf”. Air Berlin […]

Reading Time: 2 minutes Qatar Airways and British Airways’ parent company, International Airlines Group (IAG), has announced a joint business agreement, which will come into effect on 30 October 2016. The joint business will benefit customers by offering a wider choice of flights, an enhanced network, greater choice of fares and superior benefits for members of their frequent flyer […]

Reading Time: 2 minutes Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said the fallout from Britain’s decision to quit the European Union will weigh on the discount carrier’s profit for as long as four years. The process of the U.K. negotiating its way out of the bloc, which could take two to four years, is set to depress […]

Reading Time: 2 minutes Air Canada announced today that it has priced a private offering of senior secured notes and received commitments from lenders for a new credit facility in connection with its C$1.25 billion refinancing transaction. As part of its refinancing transaction, Air Canada entered into a purchase agreement with a syndicate of initial purchasers relating to a […]

Reading Time: 2 minutes Wijet today announces that it is acquiring Blink to create the world’s largest air taxi company, with an enterprise value of €45m. The transaction will see the respective fleets being brought together into the same company and based all across Europs. With the scale that fifteen Cessna Mustang very light jets provides, the true efficiencies […]