Reading Time: < 1 minute The last SkyWork flight landed in Bern Airport on Wednesday night, as ongoing financial difficulties forced the company to declare itself bankrupt. Some 11,000 passengers are affected. SkyWork voluntarily returned its operating licence to the Federal Office of Civil Aviation (FOCA), after negotiations with a potential investor failed and resulted in SkyWork “being unable to […]
Reading Time: < 1 minute Aeroflot airline plans to receive 50 MC-21 aircraft in the coming years, the company’s statement says. “In the coming years we are expecting the delivery of 50 MC-21s, in addition, Aeroflot is considering the possibility of an additional increase in the fleet of domestic aircraft,” the report says. Aeroflot will be the first operator of […]
Reading Time: 2 minutes Lithuania’s Vilnius Airport has contracted UK-based Airport Coordination Ltd (ACL) for the management of its flight schedules slots facilitation. The agreement follows a competitive tender and comes into force from the end of March 2019, which coincides with the start of the IATA summer timetable. Lithuanian capital’s gateway instigated the move to managed slot allocation […]
Reading Time: 2 minutes Russia’s two largest airline groups of Aeroflot (including the title carrier, Rossiya, low-cost carrier Pobeda and Aurora Airlines), and S7 Group (S7 Airlines and Globus), have reported all-year high traffic growth rates for July. In doing so, both groups have outperformed the Russian industry average of 6.3 per cent year-on-year, the year’s lowest, according to […]
Reading Time: < 1 minute Icelandair shares fell sharply in the first trading of the day on the Iceland Stock Exchange, RÚV reports. Just before 10.00am, the company’s exchange rate had fallen by nearly 20%. Björgólfur Jóhannsson, CEO of the company, announced his resignation and the company’s projected profits were lowered. Björgólfur stated earlier this month that Icelandair was well-positioned to […]
Reading Time: < 1 minute Low cost carrier SpiceJet operated India’s first BioJet Fuel powered flight. The airline operated the flight with a Bombardier Q400 on the Dehradun – Delhi route. The fuel used is a blend of 75% traditional aviation turbine fuel (ATF) and 25% of BioJet fuel. The fuel is made by Jatropha crop and been developed by the […]
Reading Time: < 1 minute S7 Airlines, part of the oneworld alliance, announced a pilot of an aviation blockchain project. It partnered with fuel supplier Gazpromneft Aero and Alfa Bank to automate payments for fuel. How it works Without a blockchain fuel has to be paid in advance, or a bank guarantee is required. So avoiding both of these scenarios […]
Reading Time: < 1 minute Latvian airline airBaltic welcomed its eleventh Airbus A220-300 jet, registered as YL-CSK. By the end of 2018, airBaltic plans to have a total of 14 Airbus A220-300 aircraft in its fleet. Thus far, airBaltic has carried over 1 450 000 passengers on the Airbus A220-300 aircraft with every third airBaltic passenger flying on the aircraft. […]
Reading Time: < 1 minute Loss-making Tunisair is seeking governmental approval to lay off 1,200 of its currently bloated 8,000-staff workforce. The flag-carrying airline is 74% owned by the Tunisian government. The carrier is currently struggling to keep aircraft in service owing to restricted cash flow, the consequence of an excessive wage bill, which is stopping it from buying much […]
Reading Time: < 1 minute Ryanair, Europe’s No.1 airline, announced an investment of $200 million at London Luton airport with 2 new based aircraft for its winter 2018 schedule and added 6 new routes and more flights on its existing Vilnius route. Ryanair’s winter 2018 London Luton schedule will now deliver a total of 21 routes. At London Luton Airport, […]