Category: AIRLINES & AIRPORTS

Emirates Brand Value Grows 17% To Reach US$7.7 Billion

Reading Time: < 1 minute Emirates has come out on top again as the world’s most valuable airline brand, according to the 2016 Brand Finance Global 500 report, which was released yesterday. The airline’s brand value grew 17% over last year to reach US$ 7.7 billion. For the fifth year running, the airline has steadily risen up in the global […]

Turkish Airlines Signs Strategic Alliance With Boeing

Reading Time: < 1 minute A new strategic alliance agreement between Turkish Airlines (TRK) and Boeing is set to significantly boost the carrier’s and Turkey’s aerospace and technology capabilities. Under the accord TRK and Boeing have identified new areas of cooperation to further expand the US plane aviation giant’s investment within the Turkish industry. The agreement, signed by TRK’s Chairman […]

IATA Predicts Steady Profit Levels for Airlines in 2016

Reading Time: 2 minutes IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions. At a briefing in London, IATA’s chief economist Brian Pearce said that for the first time in history, investors could look for a return comparable to other industries. Global economy […]

Delta Makes Emergency Landing After Midair Fight of Cabin Crew

Reading Time: 2 minutes A passenger plane was forced to make an emergency landing after two female flight attendants started a shocking midair punch-up. Trouble broke out around 40 minutes into the Delta flight from Los Angeles to Minneapolis between two cabin attendants arguing about “work issues”. The pair allegedly began a fist fight — and a third female attendant […]

SWISS Receives First Boeing 777-300ER

Reading Time: 3 minutes Swiss International Air Lines (SWISS) took delivery of the first of nine new Boeing 777-300ER aircraft on 29th January. The day also saw the opening of new SWISS First Class, Business Class and Senator Lounge facilities in Zurich Airport’s Terminal E. The two events usher in a new era for SWISS, in the air and […]

Airbus Seals 118-Aircraft Deal with Iran

Reading Time: 2 minutes Iranian officials have signed two agreements with Airbus covering orders for 118 airplanes and a comprehensive civil aviation cooperation package, the European manufacturer confirmed Thursday. The sides signed the agreements at the Élysée Palace in Paris, during Iranian President Hassan Rouhani’s official visit to France with French President François Hollande. Iran Air has signed an […]

Emirates Reportedly to Hire Laid-off Malaysian Pilots

Reading Time: 2 minutes Following Malaysian Airlines’ announcement this week that it would be grounding its remaining fleet of Boeing 777s and cancelling several long-haul routes, Emirates has, according to a report by Arabian Supply Chain, signalled its interest in hiring laid-off Malaysian pilots. Adnan Kazim, Emirates’ divisional senior vice-president, strategic planning, revenue optimisation and aeropolitical affairs, based in […]

Changi Airport Handles Record 55.4M Passengers In 2015

Reading Time: 2 minutes Changi Airport handled a record 55.4 million passengers last year, a 2.5 per cent increase from 2014. The number of aircraft take-offs and landings grew by 1.4 per cent year-on-year to 346,330. December was an especially busy month with 5.29 million passenger movements recorded, the highest ever for any single month since the airport opened in […]

Vietjet Air Reports 34.5% Revenue Increase in 2015

Reading Time: < 1 minute Vietnam-based low-cost carrier (LCC) Vietjet Air reported a 2015 revenue of VND10.9 trillion ($490.7 million), up 34.5% from VND8.1 trillion in 2014. The airline said the revenue increase was achieved “despite increasing challenges in the wake of the ASEAN Open Skies policy.” The result was lower than the VND13.8 trillion forecast at the start of […]

Saudia to Sell Bonds to Buy Planes

Reading Time: 2 minutes Saudi Arabia’s main airline said it’s planning to sell as much as SAR5 billion (US$1.3 billion) of Islamic bonds in the second quarter to refinance loans and buy planes, becoming the latest issuer in the kingdom to tap debt markets for cash amid an oil slump. The carrier known as Saudia is in negotiations with […]