Category: CIS

Global Expansion Through Business Acquisition In Aviation: The Better Way?

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 […]

Russia’s MC-21 And IL-114 Win New Orders At MAKS Air Show

Russian-manufactured aircraft—the Irkut MC-21 and Ilyushin IL-114—won new orders on the second day of the MAKS Air Show in Moscow. Russia’s Ilyushin Finance Co. (IFC) signed a letter of intent with Saratov Airlines to lease six MC-21-300s July 19. The 211-seat aircraft is scheduled to be delivered from 2022-2025. The Saratov-based carrier has not yet […]

Aeroflot Signs Contract For 20 Russian Sukhoi Superjet 100 Aircraft

PJSC Aeroflot, VEB Leasing and JSC United Aircraft Corporation have entered into a contract for the delivery to Aeroflot of twenty Sukhoi Superjet 100 (SSJ100) aircraft. The contract was signed yesterday by Aeroflot CEO Vitaly Saveliev, Vnesheconombank Chairman Sergey Gorkov and President of the United Aircraft Corporation (UAC) Yuri Slyusar. The signing ceremony took place […]

5 Airports Prove to Be the Best in the World

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 […]

Amazing Skills On Show At Helicopter World Cup In Russia

The second leg of the Helicopter World Cup 2017 kicked off at Konakovo Aerodrome, in Russia’s Tver Region, on July 15. During the two-day event, pilots of 15 crews from Austria, Belarus, Russia and Ukraine showed their skills in two competitions: “Slalom” and “Freight handling.” Russian pilots performed in Mi-2 and Robinson-44 helicopters and took […]

Ryanair Cancels Planned Ukrainian Service

Irish low-cost carrier (LCC) Ryanair has canceled flights to Ukraine it had planned to start in October. According to a Ryanair statement July 10, the decision was made “following Kiev airport’s [Boryspil] failure to honor a growth agreement reached at the Ministry of Infrastructure with airport officials and the current airport director general, Pavlo Riabikin, […]

Boeing Cuts Back On Large Aircraft As Demand Drops

The era of very large passenger aircraft like the Airbus A380 and the Boeing 747 is coming to an end. Most airlines no longer want the Airbus “Superjumbo” or Boeing’s “Queen of the Skies” as they increasingly opt for smaller wide-body versions that are fuel-efficient, flexible and viable to operate. “We have seen a very consistent […]

Aeroflot Wins at Airline Strategy Awards 2017

Aeroflot has won the Sector Leadership nomination at the 2017 Airline Strategy Awards, once again underscoring the Russian flag carrier’s prominent position in the global airline market. The prestigious recognition was awarded by Flight Airline Business magazine at a gala ceremony at the Honourable Society of the Middle Temple in London. Russia’s largest carrier is […]

Boeing Reports Second-Quarter Deliveries

The Boeing Company announced deliveries across its commercial and defense operations for the second quarter of 2017. Major program deliveries during the second quarter and year-to-date, including deliveries under operating lease (which are identified by parentheses), were as follows:

YY Fares Retire After Seven Successful Decades

The International Air Transport Association (IATA) announced that the YY Fares will be rescinded from 31 October 2018. The decision to rescind YY Fares was taken with a vote by the IATA Passenger Tariffs Conference on 28 June 2017. The rescinding of YY fares reflects the dramatic transformation that continues to take place in the […]