Reading Time: 2 minutes According to IATA, the number of travellers will continue to rise in 2018. Airline passenger numbers are expected to increase to 4.3 billion. So airlines should also expect growth in the number of new aircraft in the market. The European business aviation company KlasJet has noticed this trend too, in the rising number of flight […]
Reading Time: 2 minutes Today, more than ever, private aviation is a business decision. Businesses today thrive on cost and time effectiveness, so having the flexibility to literally travel whenever and wherever is paramount for the long-term success of a company. Monthly, hundreds of new travelers are experiencing the amenities of business aviation; top executives that were used to […]
Reading Time: 2 minutes For private jet passengers, time and reliability are paramount when booking a flight. Flexibility and safety is also within the coveted traits of this market. During the past few months, a new payment method, the cryptocurrencies, have propelled this market to new heights, granting clients with a swifter, secure and universal transaction system. Speed and […]
Reading Time: 2 minutes The air transport industry in 2017 was definitely a ride to remember: travel bans, laptop bans, a handful of bankruptcies, all at the backdrop of unprecedented financial results for airlines. In this end-of-year post, I’d like to go back to several events that made history. This list does not intend to be complete or objective, […]
Reading Time: 2 minutes The year 2016 seemed to be a year of never-ending aviation incidents. From an Egyptair flight being “forcibly diverted” to Cyprus by a man wanting to impress his girlfriend, to then-Vice Presidential Candidate Mike Pence’s chartered Eastern Airlines 737-700 overrunning the runway at LaGuardia, the accidents and incidents seemed to pile up. The good news, […]
Reading Time: 3 minutes At first glance, aviation industry in Eastern Europe may seem quite miniscule, however over the past few years this sector in the region experienced a significant growth spurt with some companies from countries like Lithuania now competing with industry giants. Just in a few years, recently founded Lithuanian company AviationCV.com providing aviation personnel recruitment solutions […]
Reading Time: 2 minutes The Board of Directors of Airbus SE has decided on a series of Executive changes that ensure an orderly succession in the Executive leadership of Airbus. Tom Enders has advised the Board that he does not wish to seek another term as Chief Executive Officer (CEO) beyond his current mandate which runs until the 2019 […]
Reading Time: < 1 minute Yakutia’s Association of Local Aviation suggests using the US Cessna planes for serving the regional routes. According to the association’s co-chair and Yakutia’s lawmaker Viktor Fedorov, by using those planes the republic could cut the fares by half. “The association is asking the local authorities to have a competition among private organizations for subsidies to […]
Reading Time: 2 minutes Boeing dominated November’s new order tally, booking 159 commercial aircraft by six customers, valued at approximately $21 billion at list prices. Boeing’s November sales included major orders by Ireland-based subsidiaries of two Chinese aircraft leasing companies. CDB Aviation, a wholly owned Dublin-based subsidiary of China Developmental Bank Financial Leasing Co. (CDB Leasing), firmed an order […]
Reading Time: 6 minutes The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include: A slight decline in the operating margin to 8.1% (down from 8.3% […]