Tags: News

AirBridgeCargo moves state-of-the-art microchip machines to China

AirBridgeCargo Airlines (ABC) has transported cutting-edge microchip production technology from Amsterdam to Dalian in China for one of its key customers, DB Schenker. The machines were delivered onboard two ABC Boeing 747 freighter flights from Amsterdam to China via the airline’s hub in Moscow. Each charter flight carried two machines of significant value. The main […]

Airbus lags Boeing in first-quarter order race

Europe’s Airbus dropped behind U.S. rival Boeing in the race for new airplane orders in the first quarter, sending its shares lower as it recorded its slowest start to the year since 2011. Both orders and deliveries at the European planemaker dwindled, with the latter affected by glitches and delays at U.S. engine supplier Pratt […]

HNA Agrees to Buy Airline Caterer Gategroup for $1.5 Billion

Chinese conglomerate HNA Group Co. agreed to buy Swiss airline catering company Gategroup Holding AG for 1.4 billion francs ($1.5 billion), as billionaire Chairman Chen Feng continues on an acquisition spree of aviation-related assets around the world. Gategroup shares jumped the most in almost seven years. Shareholders would get 53 francs a share as well […]

KLM's service robot Spencer completes trials at Schiphol Airport

Spencer, a passenger assistance robot developed by Dutch airline KLM, has completed a series of trials at Amsterdam Airport Schiphol in the Netherlands. The initiative was conceived by KLM to help reduce costs associated with passengers missing connecting flights but may be developed in future to carry luggage and speak with passengers. To help safely […]

Airline hedges fuel rally in later dated oil prices

Big airlines are making waves in the oil market for the first time since prices went into a tailspin nearly two years ago, betting this may be their best chance to lock in cheap jet fuel for years to come, industry and market sources say. A number of airlines moved last week to place significant […]