On the 15th of November, Boeing shares fell 1.6% to $147.56, when United Continental Holdings announced deferring aircraft orders valued at almost $5 billion. The carrier’s decision impacts the Boeing 737, the manufacturer’s cash cow, raising concerns about whether the company will be able to up its production as it was previously planned. Boeing’s representatives, […]
An 88-tonne ‘jaw crusher’ used for gold mining has arrived at Russia’s Sokol Airport in Magadan onboard one of Volga-Dnepr Airlines’ An-124-100 freighters. The jaw crusher, which was transported along with other equipment and tooling from Pulkovo Airport in Saint Petersburg, will be used for primary ore crushing during the gold mining process in the […]
Qantas has launched a new virtual reality app – Qantas VR – giving customers an interactive new way to discover and explore destinations before physically travelling there. Available for iPhone, Android, Samsung Gear VR, Oculus Rift, and HTC Vive devices, the app showcases Australia’s distinctive landscape through a series of immersive videos, including never before […]
Low-cost airline easyJet has seen pre-tax profits fall 27.9 per cent to £495 million in the year to September 30th. However, the figure was in line with a warning given last month, seeing FTSE listed shares in the carrier rise nearly three per cent in early trading. Amid a year of “significant challenges”, easyJet welcome […]
In line with its vision to offer a superior passenger experience and improve environmental performance through a modern and state of the art wide-body aircraft fleet, Emirates has retired the last Airbus A330 and A340 aircraft in its fleet from active service. This makes Emirates the first and only airline in the world to operate […]
Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320neo at Airbus headquarters in Toulouse in the presence of airline executives and government officials. The aircraft leased from Air Lease Corporation is part of a deal announced at Farnborough Airshow 2015 for 11 A320neo Family aircraft. The A320neo will join Air Astana’s Airbus […]
Malaysia Airlines has launched a rapid expansion into China. The Prime Minister of Malaysia, YAB Dato’ Seri Mohd Najib Tun Razak, announced in Beijing today that the airline will serve 8 new destinations and 11 new routes with 35 additional frequencies between Malaysia and China beginning in early 2017. Malaysia Airlines’ CEO Peter Bellew said, […]
Ireland-based AerCap, one of the largest aircraft leasing companies in the world, does not expect that Trump’s election will hinder the growth of the civil aviation industry. “What we know is that over last two 1/2 years, we’ve faced an awful lot of global shocks – Ebola, Zika, the downturn in Brazil, the attempted coup […]
Malaysia Airlines has signed a new deal with Amadeus technology that will focus on three strategic areas – transforming the airline’s passenger service operations, developing new revenue streams, and revamping the online shopping experience for travellers. Travellers today want to customise how they travel by picking individual services both à la carte or in a […]
IAG holding, controlling British Airways and Iberia, is planning on cutting its capital expenditure by $1.6 billion due to uncertainty that was caused by the decision of Britain to leave the European Union, according to the company’s CFO Enrique Dupuy. The company will also rethink the last orders for Boeing and Airbus aircraft, while at […]
