Swiss International Air Lines (SWISS) achieved an operating profit (adjusted EBIT) of CHF 453 million for 2015, a 34% improvement on the previous year (2014: CHF 337 million) and the third-best operating result in the company’s history. With market conditions still challenging and fares continuing to fall, total annual income from operating activities suffered a 3.5%...
Yesterday afternoon, Qatar Airways commenced daily, non-stop service between Logan International Airport in Boston and Hamad International Airport in Doha. The historic first Airbus A350 arrival touched down at Logan this afternoon, marking the beginning of a much-anticipated partnership between the city of Boston and the ‘2015 Airline of the Year’ by Skytrax. Qatar Airways Group Ch...
AirAsia X, an affiliate of the AirAsia Group, received its second IATAOperational Safety Audit Certification (IOSA), confirming that the airline is in compliance with the international operational safety standards. IATA’s Operational Safety Audit (IOSA) program is an internationally recognized and accepted evaluation system designed to access the operational management and control sy...
Airbus is delighted to further its long relationship with Air India and to welcome them as a future A320neo operator from 2017. Air India and Alafco have signed a lease agreement for operating lease of 14 A320neo aircraft at the Hyderabad airshow in India. With this agreement Air India will benefit from A320neo’s 15 per cent fuel burn reduction, reduced noise and environmental footprint,...
Duncan Aviation has been granted base maintenance authorization on Embraer Legacy 450 and 500 aircraft, allowing the company to offer full maintenance support and service for all scheduled maintenance events on these aircraft models. “We’re delighted that an OEM of Embraer Executive Jets’ stature in the industry has chosen Duncan Aviation as a base maintenance facility, and we...
By: Vinay Bhaskara The Boeing 787-8 is currently thought of as a dead-man walking, as is its Airbus doppelganger the A330-800neo. While the 787-8 has accrued 457 total orders, the A330-800neo has only won 10 orders since it was launched in July 2014 at the Farnborough Air Show. The better selling 787-8 has seen orders dry up over the last three years, with many customers converting upwards to t...
Iran could begin making parts for Airbus Group SE aircraft under plans being discussed following January’s historic agreement to purchase 118 jetliners from the European manufacturer. Airbus’s Middle East office said the company is evaluating areas of industrial cooperation with Iran that may include component production and maintenance and overhaul work. Iran developed an abilit...
Norwegian Air Shuttle's dispute with U.S. regulators over its wish to fly more transatlantic routes will likely go to arbitration, the CEO of Europe's third biggest budget airline said on Thursday. Norwegian wants to fly to the United States from Ireland but its Irish subsidiary has been waiting more than two-and-a-half years for permission from the U.S. Department of Transportatio...
From Petra to Easter Island, seeing the wonders of the world in luxury is made easy aboard a new round-the-world TCS private jet trip. In 1522, when the Spanish carrack Victoria sailed into Seville after completing the first circumnavigation of the globe, this epic voyage of discovery had taken almost three years. Only 18 of the original 260 crew were on board, and the numerous casualties inclu...
India’s preference for Airbus aircraft was further consolidated in 2015 with 250 new firm orders, lifting market share of orders and the in-service fleet to over 70 per cent. Today some 56 per cent of India’s in service fleet are Airbus aircraft operated by most leading Indian carriers. This includes India’s first A320neo, the first to be delivered in the Asia region. Air traf...
Brazil’s TAM has operated its first Airbus A350 international flight, with service to Miami that landed this morning. The aircraft arrived to a water cannon salute after a flight from Sao Paulo Guarulhos. It will return to Sao Paulo later this evening. TAM TAM operated its first A350 revenue service in February, with service between Sao Paulo and Manaus. It t...
Boeing Co and Airbus remain confident about strong demand from Indian Airlines, which is expected to order 1,740 jets in the next two decades. Both of the companies believe that increased demand from the world’s fastest-growing aviation market is likely to offset the overall decline in sales. By the end of fiscal year 2034, India is expected to place orders worth $240 billion. Improved ai...
