Reading Time: 4 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and […]
Reading Time: < 1 minute A Cavok Air Antonov AN-74TK-100 was performing a flight from Sao Tome to an unknown destination, when the right hand engine ingested a number of birds prompting the crew to reject takeoff. The aircraft overran the end of the runway and went down a slope before coming to a stop on soft ground. Five crew […]
Reading Time: 3 minutes Since the first commercial flight in 1914, the aviation industry has completely changed and grown to a major transport business. Rapid population growth is increasing aviation popularity and more frequent usage. For example, in 2011 2.8 billion passengers travelled by the air, whereas in 2016 the number grew to 3.6 billion air travellers. Therefore, these […]
Reading Time: 2 minutes Airbus SE has reported half-year (H1) 2017 financial results and maintained its guidance for the full year. Order intake totalled €37.2bn (H1 2016: €39.1bn) with the order book valued at €981bn as of 30 June 2017 (year-end 2016: €1,060bn). A total of 203 net commercial aircraft orders were received (H1 2016: 183 aircraft), with the […]
Reading Time: 2 minutes A year-long campaign has been launched by Airlines for America (A4A) and the International Air Transport Association (IATA) with a view to increasing baggage handling operations and reducing the number of mishandled bags. Approximately 4 billion bags are carried by airlines on an annual global basis, with 0.43 percent failing to arrive with their owners. […]
Reading Time: 2 minutes Global carriers with even more global alliance networks mostly have to keep operations safe and efficient and costs lean. Small and midsize airlines need to attract more attention, and one common way of doing that is with striking liveries. But these spiffy looks cannot be achieved without smart design and very good execution by paint […]
Reading Time: 3 minutes “Blockchain is one of the most discussed and intriguing technologies out there today,” observes Bas de Vos, director of IFS Labs at IFS. “It is a huge, global distributed ledger or database running on many devices and open to anyone within the blockchain. Its purpose is to ensure a 100% secure, verifiable and traceable database […]
Reading Time: 2 minutes To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With […]
Reading Time: < 1 minute A Thomas Cook Boeing 757-300 with 251 passengers and 9 crew was about to depart from Hurghada when smoke appeared in the cabin prompting the flight crew to initiate an evacuation via slides onto the runway. A number of people received injuries as result of the evacuation. The airline reported all 251 customers and 9 […]
Reading Time: < 1 minute Air travel is no longer a luxury commodity – on the contrary, it proves to be as indispensable to everyday life as medicine or telecommunications. Apart from occupying a pivotal role in the social development, aviation also brings enormous benefits to modern economies by unlocking their potential for more profitable trade and tourism. Without a […]