Shares in the European aerospace giant went into a sharp descent after it revealed a massive plunge in net profit following delays in deliveries and fresh problems with its troubled A400M military transport plane. Airbus stocks closed 4.8 percent lower at the Paris stock exchange on Thursday after the European aeronautics company unveiled a first-quarter net profit of 399 million euros ($453 mi...
The rule entails that an airline can fly to international destinations only if it has served within the country for five years and has a 20-aircraft fleet. Terming the 5/20 rule which allows Indian carriers to fly abroad as “anarchic”, civil aviation minister Ashok Gajapathi Raju on Thursday said he was trying to change it so that new airlines can connect with foreign destinations....
Delta has placed orders for 75 CS100 narrowbody aircraft for delivery beginning in the spring of 2018. The state-of-the-art Bombardier C Series will provide added network flexibility with more fuel-efficient mainline aircraft. Here are 5 things to know about this aircraft type: It’s a widebody feel in a narrowbody aircraft. The CS100 has an enhanced interior, including som...
The pilot informs air traffic controllers he has to land again after the impact shortly after takeoff in Seattle. An American Airlines flight had to return to a Seattle airport after it was hit by a bird on takeoff, leaving a large dent in the plane's nose. Flight 2310 struck the bird shortly after leaving Seattle-Tacoma International Airport at around 3.36pm on Wednesday, but circled ar...
People have given birth on airplanes before, but not many give the honor of naming their child after the airline they were flying on. On a recent Jetstar flight between Singapore and Myanmar, a pregnant woman named Saw Ler Htu unexpectedly went into labor—the airline's regulations allow women less than 40 weeks pregnant on flights lasting four hours or less. Lucky for her, there were...
Australia's Qantas Airways Ltd plans to keep its Airbus Group long-haul A380 aircraft in service beyond 2020, when many will be around 10 years old, a senior executive said, even as it conducts talks with Airbus rival Boeing Co on the latter's next-generation B777X jets. "The A380s do a great job on the markets that they operate," said Gareth Evans, head of the...
Italian airline Alitalia says it is considering buying a 49 percent stake in Air Malta. Alitalia, which is controlled by Abu Dhabi carrier Etihad Airways, signed a memorandum of understanding Wednesday with the Maltese government to launch due diligence on a possible deal. Alitalia CEO Cramer Ball said any deal would not hurt Alitalia’s three-year re-launch, which includes the goal of ret...
After its first successful year since launch in March 2015, Airbus BizLab in Toulouse is inviting talented and inventive start-ups to apply for its second call for projects. Over the past year, Airbus BizLab has hosted 15 start-ups and 27 Airbus internal projects on its six month acceleration programme. During the same period, Airbus BizLab has extended its international presences to three loca...
Boeing and China Eastern Airlines today finalized an order for 15 787-9 Dreamliners. The order, valued at nearly $4 billion at current list prices, strengthens China Eastern's expanding long-haul fleet. "We are very happy to introduce the new 787 Dreamliners into our long-haul fleet," said China Eastern Airlines Chairman Liu Shaoyong. "The addition of...
New research from Global Jet Capital reveals that 56 mid to heavy/large private jets were delivered to the Middle East in 2014 and 2015, with a combined value of over $2.8 billion. Global Jet Capital said these aircraft typically cost between $25 million and $75 million each, and up to 80% of the funding used to purchase these is sourced through external financing. The largest number...
Dassault Aviation will present its long range Falcon 900LX at the fifth International Marrakech Air Show. Dassault’s front line Rafale fighter will also be featured at the show, which opens today, as part of a French Air Force exhibit. The 4,750 nm (8,800 km) Falcon 900LX is the most advanced version of the proven and highly capable Falcon 900 trijet line, which has set records for rel...
Experts at aviation summit debunk myth that they are minor incidents. Bird strikes are one of the most underrated threats to flight safety but are a manageable risk, experts at an aviation summit said in Dubai this week. Making a joint presentation on the second day of the World Aviation Safety Summit on April 26, Sally Longstaff, safety analyst at Emirates and Chris Perry, wildlife biologis...
