Reading Time: 2 minutes Vilnius Airport runway reconstruction will be successfully completed, as scheduled, on August 17th, 23:59 p.m., notes Olaf Martens, director of Vilnius Airport. This conclusion is based on the evaluation of the current state of works: the contractors have already strengthened the ground around the runway, changed the old runway pavement with the new one as […]
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: 2 minutes EDM, a leading global provider of training simulators to the civil aviation and defence sectors, announced today that it has launched its new Virtual Slide Trainer. The Virtual Slide Trainer provides airline cabin crew with convenient, virtual slide deployment training for safety and emergency procedures (SEPs). Dramatically reducing the significant cost and time associated with […]
Reading Time: 3 minutes Austrian Airlines generated considerably higher earnings than expected in the first half of 2017. Earnings before interest and taxes (EBIT) totaled EUR 8 million, comprising a year-on-year rise of EUR 6 million. Adjusted EBIT, the relevant indicator for the 2017 forecast which deducts valuation gains from aircraft sales, climbed to EUR 3 million in the […]
Reading Time: 6 minutes In the modern world of possibilities, airports, just like all the other units comprising the aviation industry, are greatly accelerating the pace of their development. New terminals full of entertainment for passengers, services easing check-in or boarding processes as well as many other technological innovations are literally springing up in airports like mushrooms overnight. Nevertheless, […]
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: 4 minutes CAE forecasts that the industry will need 255,000 new airline pilots over the next 10 years. Airbus predicts that by 2036 the demand for new pilots will be over half a million. It is calculated that the airline industry will need to produce 70 new type-rated pilots per day to meet the global demand. What […]
Reading Time: 2 minutes Delta Air Lines is deepening its longstanding and industry-leading partnership with Air France-KLM Group with a €375 million investment to acquire 10 percent equity in the joint venture partner and a seat on the Air France-KLM Group Board of Directors. Additionally, Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture, supported […]
Reading Time: < 1 minute Thousands of flights recently had to be delayed because EU border controls are significantly understaffed to comply with tightened immigration checks — some passengers even missed their flights. During this busy summer travel season, airline travellers have become victims of the disproportionate impact that the implementation of a new EU Regulation is having on the […]