Reading Time: < 1 minute The Chinese government said it will loosen its control over China’s big three carriers—China Southern Airlines, Air China and China Eastern Airlines—allowing its ownership stakes in the airlines to fall below 50%. Currently, state-owned company China National Aviation Holding Co. holds a 53.5% stake in Air China, state-owned China Eastern Group holds a 56.4% stake […]
Reading Time: < 1 minute Scandinavian Airlines (SAS) has confirmed it is in final negotiations with Airbus for a large batch of A320neo narrowbodies following a Reuters report, citing SAS CFO Goran Jansson, that the carrier will purchase 40-50 aircraft. An SAS spokesman told ATW he could not confirm precise quantities: “I’m not sure we’re talking about numbers at the […]
Reading Time: < 1 minute British Airways is in talks with Airbus over the proposed acquisition of new A380-800s informed sources have told Bloomberg news. Last year, the IAG International Airlines Group unit was linked to the purchase of between six and seven used A380s but, according to the sources, is now considering acquiring a larger number of new-build aircraft. […]
Reading Time: < 1 minute Lufthansa Technik Logistik Services (LTLS) is driving digitalization forward by purposefully using Internet of Things (IoT) technologies. The aim is to improve the efficiency of operational processes and lay the foundation for reducing the workload of employees. For this purpose, the wholly owned subsidiary of Lufthansa Technik AG has launched a targeted warehousing program as […]
Reading Time: < 1 minute Ryanair confirmed that all 15 of its UK pilot bases – including London Stansted which had previously rejected an improved pay deal – have now voted in secret ballot to accept pay increases of up to 20% and these increases will be paid next week in the January payroll. These increases bring Ryanair’s pilot pay […]
Reading Time: 2 minutes For private jet passengers, time and reliability are paramount when booking a flight. Flexibility and safety is also within the coveted traits of this market. During the past few months, a new payment method, the cryptocurrencies, have propelled this market to new heights, granting clients with a swifter, secure and universal transaction system. Speed and […]
Reading Time: 2 minutes Dubai-based Emirates Airline has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft. The agreement was signed at the airline’s headquarters in Dubai by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and John Leahy, Chief Operating Officer – Customers, Airbus Commercial Aircraft. […]
Reading Time: 2 minutes The Cambodian government has approved plans to build one of the world’s largest airports in south-eastern Kandal province, although key actors have yet to work out the details. The Phnom Penh Post on Monday (Jan 15) reported the plans, citing a document from the Council of Ministers, dated Dec 21, which approved an investment proposal […]
Reading Time: 2 minutes In the minds of many industry analysts, there’s an air of inevitability about further aftermarket acquisitions in 2018. “MRO M&A activity will continue to be quite robust and consistent with the transaction volumes over the past few years,” predicts Jonathan Berger, managing director of New York-based Alton Aviation Consultancy. An MRO-Network Twitter poll from early […]
Reading Time: < 1 minute Security services closed Tripoli’s M’etiga international airport after the Libyan national carrier, Afriqiyah had a number of aircraft damaged in gun battles that saw 16 people killed and 48 people injured. “As a result of the clashes at M’etiga international airport, we regret to inform you that our aircraft fleet (five airplanes, including a cargo […]