Reading Time: < 1 minute Avion Express Malta has reached another landmark in its development – the company obtained the Part 129 Operation Specification approval, issued by Federal Aviation Administration (FAA), to conduct passenger flights to and from the United States. The Maltese company will now be able to make wet-lease agreements with companies throughout North America. In order to […]
Reading Time: < 1 minute Financial aid and support to airlines is currently vitally important for the airlines, and the industry, to begin recovering after the pandemic. Airlines have received over $120 billion in financial assistance from governments. Nevertheless, there are two sides of the same coin. With a financial help also grows the airline industry’s global debt. According to […]
Reading Time: < 1 minute easyJet has announced about its plans to restart a small number of mainly domestic flights, from 21 European airports from 15 June. Services will be operating from London Gatwick, Bristol, Birmingham, Liverpool, Newcastle, Edinburgh, Glasgow, Inverness, Belfast, and Isle of Man in the UK. In addition, flying will resume in France from Nice, Paris Charles […]
Reading Time: < 1 minute There is a high possibility that the end of Airbus A380 era is closer than expected. Together with the news about Air France’s immediate retirement of the type, some doubts from the biggest customer have emerged as well. Currently, Emirates has a fleet of 115 double-deckers and hold eight remaining A80s on order. According to […]
Reading Time: 2 minutes In face of the crisis, some decisions and changes are introduced unexpectedly and ahead of initial plans. This is the case of Airbus A380 fleet operated by Air France. The airline has announced that nine A380 planes will remain grounded due to the reduced demand and will no longer perform commercial flights for the carrier. […]
Reading Time: < 1 minute It seems that the most severe turbulence for Norwegian is over. After a few chaotic days, Norwegian has announced that it has a range of new owners, it has completed the restructuring and it has secured 2.7 billion crown ($271 million) governmental support. Norwegian had been battling with financial issues for several years. In 2020, […]
Reading Time: < 1 minute Last week Ryanair’s CEO revealed about potential Lauda’s switch from all-Airbus to all-Boeing fleet, whereas this week the company has said that there is a possibility of Lauda’s Vienna base closure. In a statement, Ryanair Group provided that in the fiscal year 2020 Lauda underperformed with fares lower than expected. This happened because of fierce […]
Reading Time: 2 minutes Aviation could be considered one of the biggest, yet supportive industries in the world. While the businesses within are cooperating to survive and go through the crisis together, some essential support is also provided by regulatory bodies. As you all know, aviation is one of the most regulated industries, while its employees, especially flight crew, […]
Reading Time: 2 minutes Since the middle of March, Ryanair Group has almost entire fleet grounded. The duration and impacts of the crisis provoked by the pandemic are yet undetermined. However, the Group is determined to “weather Covid-19 and emerge stronger when the crisis passes”. Dramatically low demand, travel restrictions and fleet grounding reduced Ryanair Group’s traffic by over […]
Reading Time: < 1 minute In a way, the current situation of airlines restructuring their fleets reminds of a chess game. A number of moves, including aircraft retirements, parking or storage, are taking place. Carriers are also deferring or cancelling their orders for new planes, or simplifying their fleets by switching to a single-type aircraft. This is the case of, […]