Several thousand at Air France, six thousand at Malaysian Airlines and almost 11,000 at Transaero - these are the potential job cuts to be carried out by these major world carriers. This once again comes to show that airline business always balances on a fragile edge between profit and loss. However, if a carrier reaches an extreme point of bankruptcy, what awaits its financial partners? Will the...
Five people, including the pilot, were killed Sunday and six others were injured when a small plane crashed into a bakery in the Engativá neighborhood of Bogotá, Colombia, fire officials and the national aviation agency said. The plane, a Beechcraft 60 G-Type flying from Bogotá's El Dorado Airport to the town of Guaymaral, "fell out of the sky" about 4:20 p.m....
As projected in last year’s AGM, loss for year ending March 2015 confirmed at €16 million - This year’s Air Malta projected loss reduced to €4 million: Down from €16 million in 2015 and from €78 million when the airline entered the restructuring plan in 2012 - Focus shifts to competitiveness: growth, workers productivity and strategic alliance Air Malta&...
Alenia Aermacchi plans to introduce a widespread package of enhancements to its C-27 Spartan medium transport, which will become the baseline standard for the type from late 2017. The aircraft will gain winglets – which were unveiled earlier this year and are now nearing final configuration – and uprated Rolls-Royce AE 2100 engines, increasing maximum take-off weight by 700kg (1,540...
Apart from the centre, Boeing will also broaden collaboration with supplier and potential rival AVIC and launch an initiative to develop biofuel from Chinese agricultural waste. All three initiatives were announced as part of Chinese president Xi Jinping’s visit on 23 September to Boeing’s widebody assembly complex in Everett, Washington. Boeing’s new facility in China will be...
Brussels Airlines Cargo will introduce a new pricing structure from the start of the aviation winter season, on 25 October. The carrier says the new structure better meets the market demand for more transparency, by instead of charging various surcharges on freight prices, as is the case today, there will only be one consolidated ‘Airfreight Surcharge’ in the future. Lu...
Air China will start a four-times a week service from Beijing to Kuala Lumpur from 25 October, 2015, which it describes as the ‘Kingdom of Rubber’. The flights will be operated using an Airbus A330-300 aircraft. In 2014, imports and exports between Malaysia and China exceeded 100 billion Chinese yuan renminbi and Malaysia remained ...
Azerbaijan carrier Silk Way West Airlines has been made a member of the International Air Transport Association (IATA). The carrier was presented with the certificate of membership at the 6th Caspian Air Cargo Summit in Baku, which took place from 5-7 October. This certificate was given to the airline by IATA area manager for Turkey, Azerbaijan and Turkmenistan, Funda Cal...
Interjet has expanded its route network in Cuba with the launch of two new routes on 15 October. It now offers twice-weekly (Thursdays and Sundays) flights on the 1,868-kilometre route from Mexico City (MEX) to Varadero (VRA) and four times weekly flights on the 1,815-kilometre route from Monterrey (MTY) to Havana (HAV). According to flightradar24.com t...
Boeing has delayed deliveries of six Dreamliner aircraft to Air India by more than two years and the airline has decided not to seek compensation. "The deliveries will now begin from November 2016 and go on till August 2018," said a senior Air India official, who did not want to be identified. According to the earlier schedule, deliveries were to start from July 2015 and go on...
The operator added Gulfstream G550 and Bombardier Global Express As BizavNews found out, a Austrian leading business aviation operator Tyrolean Jet Services began operating a new aircraft Gulfstream G650 (OE-IYE). Business Jet will be operated exclusively in the interests of the owner and will not be available for charter flights. In turn, the charter fleet Tyrolean Jet Services repleni...
Air France will cut less than a third of the 2,900 job cuts it proposed in a 2016/2017 plan that triggered clashes with some staff, the chief executive of parent company Air France-KLM said on Sunday. The job cuts in 2016 would be voluntary and heavier job losses in 2017 could be avoided if talks with unions led to an agreement on alternative savings measures by the beginning of next year, Alex...
