Reading Time: 4 minutes The Emirates Group announced its half-year results for 2016-17. The Group held steady on revenue, but profit was hit by the double impact of a strong US dollar and challenging operating environment for the airline and travel business. Following one of its best ever half-year profit performances last year, the Group for 2016-17 reported a […]
Reading Time: 2 minutes A worldwide shortage of pilots – forecast for more than 15 years – has so far failed to materialise, but there are worrying signs. Simulation and training company CAE points out that US regional carriers, seen as a source of pilots by the majors, cannot expand and often have to drop schedules or routes because […]
Reading Time: 2 minutes Winglet specialist Aviation Partners Inc. (API) and joint-venture partner FlexSys are working with an undisclosed customer to retrofit an aircraft with the first commercial morphing wing. The potentially game-changing aerodynamic innovation has wide-ranging implications for performance-boosting retrofits of existing business jets or clean sheet designs, and made its first appearance as an exhibit at the […]
Reading Time: 2 minutes Airbus forecasts that China will need nearly 6,000 new passenger aircraft and freighters from 2016 to 2035, with a total market value of US$ 945 billion. It represents 18 per cent of the world total demand for over 33,000 new aircraft in the next 20 years. According to Airbus’ 2016-2035 Global Market Forecast, new deliveries […]
Reading Time: < 1 minute Tired of miserable long-haul flights? Probably it’s time for you to try the world’s shortest passenger flight whose time span can be less than one minute. As a tiny hop between two remote British islands, the 2.7-km flight officially takes two minutes and can be done in 47 seconds “under ideal wind conditions,” according to […]
Reading Time: < 1 minute BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has closed a US$1.5 billion unsecured syndicated revolving credit facility (the “Facility”), increased from an initial launch size of US$1 billion. The Facility is comprised of two US$750 million tranches with tenors of three years and five years, respectively. The Facility […]
Reading Time: 4 minutes While Qantas’s first destination with the Boeing 787-9 has been kept under wraps for now, the aircraft’s seat configuration is the strongest indication yet the Dreamliner will be deployed on some of the world’s longest routes. In front of invited guests, media and airline staff at Qantas’s Mascot base on Thursday morning, chief executive Alan […]
Reading Time: < 1 minute STG Aerospace has won an APEX award for Best Cabin Innovation for its saf-Tglo blu photoluminescent floorpath marking system. saf-Tglo blu is the world’s first blue glowing photoluminescent floor path marking system. For the first time airlines and aircraft cabin designers can introduce an alternative glowing colour within the cabin interior, harmonizing with the latest […]
Reading Time: < 1 minute Airlines Technology (AT), an IT solutions provider funded by Travel Startups, has signed a commercial agreement with British Airways as an interface between the airline and its passenger for creating seamless travel experience. While ticketing aggregators and travel portals provide sketchy information about fares and schedules, Airlines Technology, working on the International Air Transport Association […]
Reading Time: < 1 minute The Norwegian and Swedish government is starting the sale of up to 19 million shares in the airline SAS, corresponding to 5.8 percent of the outstanding shares. The Norwegian Industry and Fisheries Ministry is to oversee the sale on behalf of the Norwegian and Swedish governments, said the Swedish government in a statement Wednesday night. […]