Reading Time: 2 minutes Australia’s Qantas unveiled plans for the world’s longest nonstop commercial flight Friday (Aug 25), calling it the “last frontier of global aviation”, as it posted healthy annual net profits on the back of a strong domestic market. The firm, which hopes to fly non-stop from Australia to London and New York by 2022, announced a […]
Reading Time: < 1 minute The Vietnamese government has announced plans to reduce its shareholding in Vietnam Airlines (VN, Hanoi) by 2019. Having gone public in 2014, the government retained a stake of 86.16% in the carrier through the Ministry of Transport with ANA Holdings acquiring an 8.77% stake in 2016. At present, Techcombank holds 2.08%, Vietcombank 1.83%, with the […]
Reading Time: < 1 minute Jakarta is still undecided on the purchase of Russia’s new MC-21 passenger airplane, Indonesian Ambassador to Russia Mohamad Wahid Supriyadi told Sputnik on Wednesday, adding though that the jets could be in great demand in Indonesia. On August 9, Russian Foreign Minister Sergei Lavrov said during his trip to Jakarta that Russia’s Irkut aircraft corporation […]
Reading Time: 2 minutes Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382 […]
Reading Time: < 1 minute Indian passengers have sued Boeing in a US court over the ill-fated Emirates B777 that crashed at Dubai Airport last year, according to a report by the Indian Express. The suit, filed in Illinois’ Cook County Circuit Court, charges the manufacturer with a security switch in the aircraft’s electronics system that the passengers say did […]
Reading Time: 2 minutes Turkey’s aviation sector, which grew by 14 percent over the past decade, is expected to grow even further once the Istanbul Third Airport becomes operational. The airport, set to open Oct. 29, 2018, is expected to be the largest airport in the world when completed in 2023 and will serve as Turkey’s primary airport and […]
Reading Time: < 1 minute Initial airline financial results from the second quarter of 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in the first quarter of the year, according to the International Air Transport Association’s (IATA) July report. “Meanwhile, having trended downwards […]
Reading Time: < 1 minute Honda Aircraft Company announced that the HondaJet was the most-delivered jet in its category for the first half of 2017, as reported by the General Aviation Manufacturers Association. Honda Aircraft delivered 24 aircraft to customers in the U.S., Canada, Mexico, and countries in Europe during the first six months of 2017. The company is steadily […]
Reading Time: < 1 minute The first A350-900 for Hong Kong Airlines has completed its maiden flight in Toulouse, France. The aircraft will now enter the final phase of production, further ground checks and test flights before being prepared for delivery at the end of August. Hong Kong Airlines has a total of 15 A350 XWB on order. Bringing new […]
Reading Time: 2 minutes The Civil Aviation Safety Authority (CASA) has opened submissions for its review into commercial and recreational operations of remotely piloted aircraft systems (RPAS), or drones. The regulator on Friday published a discussion paper on RPAS operations in Australia, noting there were about 50,000 drones used in this country currently, mostly for sport and recreational purposes. […]