Reading Time: < 1 minute Avianca Brasil, currently known as a Brazilian airline Ocean Air Linhas Aéreas S/A, headquartered in São Paulo, will exit Star Alliance effective 1 September, 2019. Such move is made in light of several months of bankruptcy protection and the withdrawal of its Air Operator Certificate by ANAC, a Brazilian regulator. The airline joined the alliance […]
Reading Time: 2 minutes It is a well known fact that aviation business is an expensive pleasure. In order not to lose their space in the market by constantly increasing ticket prices, airlines take a different route and shift their focus on reducing operational costs to increase their profit. Probably the best known example of incredible savings achieved by […]
Reading Time: 5 minutes “To Have or to Be?” is the title of a once-undervalued 1976 work by psychologist Erick Fromm in which he reflects on the materialistic nature of human beings. Erich’s argument of society’s deviation from the path of “being” in nature was backed by strong cases of consumerism and great promises made by industrialization in late […]
Reading Time: < 1 minute Embraer announced at Paris Air Show 2019 KLM Cityhopper’s intention to purchase up to 35 E195-E2 jets, 15 firm orders with purchase rights for a further 20 aircraft of the same model. This intention, which still requires a Purchase Agreement, has a value of USD 2.48 billion based on Embraer’s current list prices. The order […]
Reading Time: 3 minutes Airbus has been shaking the ground of Paris Air Show 2019 since the first day, when it officially launched its long-anticipated Airbus A321 Extra-Long Range aircraft, with a service entry planned in 2023. Through the three days of the event, Airbus succeeded in securing already 201 orders for its latest revolution. Or to be more […]
Reading Time: < 1 minute For the 19th yaerSkytrax, the Oscars of the aviation industry, has held a World Airline Awards ceremony to name the best carriers of 2019. 21.65 million eligible survey entries were counted to choose from over 300 airlines TOP ones. In 2019, the title of World’s Best Airline went to Qatar Airways, which held this title […]
Reading Time: 4 minutes Airlines are facing an increasing pilot shortage worldwide. As a result, they are grounding the aircraft and cancelling flights around the globe. What is the real situation? IndiGo, which is India’s largest passenger airline, grounded 10 Airbus A320-neo aircraft and cancels 30 flights per day due to several reasons including pilot shortage. In addition to […]
Reading Time: < 1 minute Rising fuel prices and issues with global trade are greatly weakening the business environment for airlines, IATA announced. According to forecast, “in 2019 overall costs are expected to grow by 7.4%, outpacing a 6.5% rise in revenues. As a result, net margins are expected to be squeezed to 3.2% (from 3.7% in 2018)”. “Margins are […]
Reading Time: 3 minutes Most probably each of us has seen a movie with some unexpected twists during flights. And, of course, everyone loves seeing a pilot performing safe and heroic landing. Sometimes it may even seem that one is taking a lot of spontaneous decisions and saves the day by depending on his own judgement. However, there exists […]
Reading Time: < 1 minute The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]