Rivals are struggling with falling fares as Europe’s largest carrier projects the 2024 goal. Budget airline Ryanair Holdings raised its long-term growth forecast by 10% on Monday, saying it expected to carry 200 million passengers per year by 2024 and secure a more than 20% share of Europe’s short-haul market as rivals struggle with falling fares. Already Europe’s...
The Brazilian airline Gol Linhas Aereas Inteligentes, known as Gol, has posted third-quarter earnings that beat analysts’ estimates as the country’s largest airline cut expenses with the early return of leased airplanes and amid lower dollar-denominated costs. Earnings before interest, tax, depreciation and amortization reached 333.4 million reais (Dh381.9m) from 113.6m reais a year...
Singapore has agreed to buy new military helicopters from Airbus and Boeing Co to replace its aging fleet of Super Pumas and Chinooks, the city-state's defense ministry said on Monday. Singapore has the largest defense budget in Southeast Asia at a time when China's increasingly assertive actions in the disputed South China Sea spur regional nations to step up defense spending. The d...
A historical British aircraft that was one of the first regular visitors to these lands in the 1970s will go on display in Sharjah. The front section of the iconic long-distance Vickers VC10 aircraft, built in 1969 for East African Airways Corporation, has made its final journey to Al Mahatta Aviation Museum. The aircraft’s cockpit, cabin and cargo will be on display at the museum to s...
Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker hosted a press briefing with national and regional Italian media during his recent visit to Tuscany. Celebrating the launch of the airline’s flights to Pisa in August 2016, the press briefing was also attended by His Excellency Mr. Abdulaziz Bin Ahmed Al Malki Al Jehani, Qatar’s Ambassador to Italy. During the pr...
GE Aviation and CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced more than $3 billion (USD) in orders and commitments at last week’s Zhuhai Air Show. The orders and commitments included more than 200 GE and CFM engines as well as agreements for TrueChoiceTM suite of engine maintenance offerings. Orders/commitments include (...
There’s every reason to celebrate at CFM International and Lufthansa Technik AG, with the first CFM56-5C engine having passed the 100,000 flight hour threshold. The engine drives the Airbus A340 and has reliably been in continuous use since 1993 at Lufthansa Passage. The engine with the serial number ESN 740146 began its career on November 16, 1993...
Oman Air has opened its new training centre in Muscat following the delivery and qualification of two new full flight simulators from Textron subsidiary, TRU Simulation + Training . The two full flight simulators (FFS) are for the B737 and A330 aircraft operated by Oman Air along with a flight training device and virtual cockpit classroom for the B737NG aircraft. The suite of training p...
Polish President Andrzej Duda said on Sunday it is necessary to exhume the bodies of victims of the 2010 plane crash near the Russian city of Smolensk. In October, Poland's prosecutors announced exhumation of the bodies of victims, who had not been exhumed before. The procedure is scheduled for November 14 while relatives of the victims are opposing exhumation. He als...
India's Defence Ministry will agree on Monday to purchase 12 amphibious rescue aircraft from Japanese manufacturer ShinMaywa Industries worth $1.5 billion-$1.6 billion, the Nikkei news paper reported on Sunday. Japan and India have been holding talks on the purchase for more than two years. It would one of Japan's first sales of military equipment since Prime Minister Shinzo Abe li...
In an interview with Sputnik, Vladimir Barsuk, director of the Siberian Aircraft Research Institute in Novosibirsk SibNIIA), spoke about the modernized Antonov An-2 planes Vietnam wants to buy. “We recently had a delegation of specialists from an aircraft repair plant in Vietnam visiting our institute. We showed them an An-2 plane with a new engine and offered supply s...
Germany's Deutsche Telekom plans to launch a drone defense system this year designed to guard airports, stadiums, car test tracks and critical infrastructure, German weekly Welt am Sonntag reported on Sunday. The increasing use of drones for commercial and leisure purposes has led to a rise in the number of near-misses with aircraft and infringements into no-fly zones, prompting companies a...
