Reading Time: < 1 minute The International Air Transport Association (IATA) and Egyptian authorities are working together to find a practical solution to release, for repatriation foreign exchange funds due international airlines operating to Egypt. Since March, airlines have been unable to repatriate the full amount due them under international conventions, as a result of restrictions imposed by the Government […]
Reading Time: 3 minutes Global passenger traffic grew 4.5% in June 2016 and 5.6% for the first half of the year. Even though airports reported an increase of 4.0% in international passenger traffic and an increase of 5.1% in domestic traffic in June 2016, international passenger traffic grew faster than the domestic component during the first six months of […]
Reading Time: 2 minutes Chinese airlines continue to hire foreign pilots at a record pace in an effort to address a shortage of experienced flight crew caused by the rapid expansion of both the local commercial and civil aviation industries. While authorities estimate Chinese airlines will need 2,800 to 3,000 pilots annually over the next five years, the 12 […]
Reading Time: 2 minutes FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, continues the diversification of its base maintenance client portfolio by signing a new deal with an airline from the MENA region – Express Air Cargo. Under the agreement, FL Technics shall provide redelivery checks on two of the carrier’s Boeing 737s. Both […]
Reading Time: 6 minutes The single-aisle airliner market is getting more crowded. On 8 June Russia’s United Aircraft Corp. unveiled the next domestic airliner which is believed to achieve remarkable success in penetrating the global commercial aviation market. Russians call the MS-21 their biggest investment in the revival of Russia‘s commercial aviation industry. With composite wings, Pratt & Whitney […]
Reading Time: 6 minutes The rapidly globalizing world is dramatically accelerating the pace of various innovations occurring within all the spheres possible, and drones are not left aside. Before entering the commercial world, UAVs were mainly engaged in the military sector. Most probably particularly this served the reason for the whole issue of drones being faded into a relative […]
Reading Time: < 1 minute Air France will begin 3X-weekly Paris Charles de Gaulle-Accra (Ghana, West Africa) services on Feb. 28, 2017. Beginning March 28, 2017, Air France’s 208-seat Airbus A330 service will be upgraded to a 312-seat Boeing 777-200 for the summer season. Air France chairman and CEO Frédéric Gagey said partner KLM Royal Dutch Airlines operates daily flights […]
Reading Time: 2 minutes The International Air Transport Association (IATA) released data for global air freight demand in June 2016 showing a rise in freight tonne kilometers (FTK) of 4.3% year-on-year. This was the fastest pace of growth in 14 months. Freight capacity measured in available freight tonne kilometers (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure. […]
Reading Time: < 1 minute On Monday, at the request of the Libyan Government of National Accord (GNA), the United States military conducted precision air strikes against ISIL targets in Sirte, Libya, to support GNA-affiliated forces seeking to defeat ISIL in its primary stronghold in Libya. Pentagon Press Secretary Peter Cook stated that these strikes were authorized by the president […]
Reading Time: 2 minutes GKN Aerospace’s Fokker Technologies business unit announces that a total of 23 Fokker aircraft were placed with 6 existing Fokker operators and 3 new operators during the first half of 2016 by their respective aircraft owners. These comprise 8 Fokker 50s and 15 Fokker 100s. This compares with 50 placements in 2015. “Low operating costs, […]