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United Airlines reports $2.3bn profit for 2016

United Airlines has reported full-year net income of $2.3 billion, diluted earnings per share of $6.85, pre-tax earnings of $3.8 billion and pre-tax margin of 10.4 per cent. Excluding special items, UAL reported full-year net income of $2.9 billion, diluted earnings per share of $8.65, pre-tax earnings of $4.5 billion and pre-tax margin of 12.2 […]

Safran to merge with Zodiac Aerospace in a $10.6B takeover

Safran, an international high-technology group, and Zodiac Aerospacea global leader in Aerosafety, Aircraft systems, Seats and Cabins, announced that they have entered into exclusive negotiations for an acquisition of Zodiac Aerospace by Safran through an agreed public offer of €29.47 per share and a subsequent merger on the basis of 0.485 Safran shares for one […]

Etihad CEO denies rumors about Lufthansa merger plans

On the 18th of January, James Hogan, the current CEO of Etihad Airways, denied the recent media reports about a possible investment in German flag carrier Lufthansa. He, however, disclosed that the two companies were in talks to increase co-operation, following the code-sharing agreement they announced in December 2016. The rumors about Etihad buying a […]

Air Transport World Names American Airlines 2017 Airline of the Year

Air Transport World (ATW), the leading media brand serving the information needs of the global airline and commercial air transport communities, announced today that American Airlines is the winner of its 2017 Airline of the Year award. American was selected by ATW’s editorial board in recognition of the phenomenal achievements by American’s leadership and employees […]

Etihad rumored to plan merger with Lufthansa

German flag carrier Lufthansa and Dubai-based airline Etihad are negotiating the possibility of a merger, according to an article in Italian newspaper Il Messaggero published on the 17th January based on anonymous industry sources. According to Il Messaggero, chief executives of both airlines have been discussing the possible merger for the last couple of weeks. […]

Emirates introduces sustainable blankets made from 100% recycled plastic bottles

Emirates has introduced new sustainable blankets made from 100% recycled plastic bottles. The soft and warm blankets are made using ecoTHREAD™ patented technology and is now available in Economy Class on all long-haul Emirates flights. Each Emirates ecoTHREAD™ blanket is made from 28 recycled plastic bottles. With the latest innovation, the bottles are recycled into […]

AirBridgeCargo celebrates 1,000 flights in a year milestone in Amsterdam and Frankfurt

AirBridgeCargo Airlines’ (ABC) growing fleet and network helped it exceed 1,000 Boeing 747 freighter flights at Amsterdam Schiphol and Frankfurt airports for the first time in 2016. AirBridgeCargo is now the largest all-cargo operator in Amsterdam and the second largest airline overall for tonnage after the national carrier. It is also the second biggest cargo […]

Boeing, SpiceJet deal for up to 205 aircraft

Boeing and Indian LCC SpiceJet announced a commitment for up to 205 aircraft during an event in New Delhi, on Friday, 13th of December 2016. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an […]