BOC Aviation Ltd has secured 11 cornerstone investors for its $1.1 billion Hong Kong initial public offering (IPO), tapping China Investment Corp (CIC) and Boeing Co (BA.N) as it launched on Monday the largest listing by an aircraft lessor in at least five years. Sovereign wealth fund CIC [CIC.UL] and China's state-backed Silk Road Fund will invest $100 million each and compatriot CDB Inter...
Dubai Aviation City Corporation (DACC) is drafting a masterplan for a proposed heli-taxi platform to be centred at the Dubai South aerotropolis which includes Al Maktoum International Airport. Khalifa Al Zaffin, DACC’s Executive Chairman said the masterplan will be ready by the end of the year. “It will address the transit and tourism needs of passengers using Al Maktoum Intern...
A Ryanair flight from Norway to Manchester has been evacuated before take-off over a bomb scare which police say was due to a misunderstanding. The flight was about to leave from Rygge airport near the Norwegian capital, Oslo, when it was evacuated. Two men were detained by police after their behaviour aroused suspicion but were later released. The situation was "back to normal"...
In late 2013, Boeing formally launched the 777X -- the next-generation version of its popular 777 widebody jet. The 777X, which features updated engines and a new wing to boost range, payload, and fuel efficiency compared to the 777, is scheduled to enter service in early 2020. Despite the fact that it has this 777 replacement in the works, Boeing insisted throughout most of 2014 and...
Hong Kong Airlines is investigating an engine chain slip incident, which happened during a scheduled engine change at Hong Kong International airport. In response to queries from Flightglobal, the carrier confirmed that one of the engines on its A330 "was tilted", during a scheduled engine change on 5 May. "The incident is suspected to be caused by the slipped e...
As airlines based in the United States are wrapping up their inflight Wi-Fi rollouts – and eyeing nextgen upgrades – and many European airlines have finally decided on equipage plans, there’s one massive country with a booming aviation industry that remains largely disconnected. Connectivity in China is complicated, and those complications extend all the way up to 36,000 feet....
The European helicopter manufacturer Airbus Helicopters can start producing H135 helicopters in Russia in 2017, press service of the company told TASS on Friday. The company closed an agreement with the Russian helicopter making plant UWCA for manufacturing of helicopters of this model early in 2016. "This kind of project takes time to implement and the planning is still being set up. The...
Flying to London from Dubai with a stopover is not a journey a business traveller is likely to make in place of a direct flight. But Gulf Air provides two solid reasons to fly via Bahrain: a highly competitive business class fare of Dh7,920, less than half the price of its main rivals; and personal service on smaller planes that harks back to the carrier’s golden age in the 1970s and &lsq...
When the annual EBACE business aviation show kicks of in Geneva on 24 May, Dassault’s new flagship business jet, the ultra-long-range Falcon 8X, will be just days away from its planned joint European Aviation Safety Agency (CS 25) and US Federal Aviation Administration (FAR 25) certification. Its entry into service is planned for the third quarter of 2016. As a guest of Dassault, and on b...
Qatar Airways received its 50th Boeing 777 recently, taking the total count of aircraft in operation to more than 180 single aisle and widebody aircraft. More than 35 per cent of the airline’s route network is operated with a Boeing 777. When Qatar Airways’ first Boeing 777 order was made in 2006, the airline’s network reached just over 50 destinations. Now a decade later,...
An armed US air marshal was taken off a plane at Heathrow airport and arrested after being accused of being drunk. The United Airlines flight to Los Angeles was two hours late taking off after the captain alerted police that the man was under the influence of alcohol. The federal marshal - believed to have been one of four who were on board the Boeing 777-200 - was breathalysed at the L...
There are two distinct images of private jet travel. One is the view we see through Pages Six and TMZ with the Kardashians or viewing the Rich Kids of Instagram. It shows a world filled with expensive toys, Dom, nannies and entourages. The other is presented by the industry, which portrays the private jet as an efficiency tool, providing access to remote airports not well served by commercial flig...
The world's biggest plane has touched down safely in Western Australia amid scenes of traffic chaos around Perth Airport. Traffic was gridlocked around Perth Airport on Sunday morning as thousands of people lined up against fences, along road verges and on the side of the road in an attempt to get a glimpse of the Ukraine-built Antonov An-225 Mriya. The Antonov An...
Israel prevented the pilot of a Turkish Airlines civilian flight from entering the country on Friday because he is an Iranian passport-holder. Instead, the pilot was flown back to Turkey by the Turkish carrier. The incident involved a routine Turkish Airlines flight to Ben-Gurion Airport, Channel 2 news reported Saturday. When the crew arrived at passport control, the pilot was found to be hold...
The pilot was killed Saturday afternoon when a biplane crashed during an air show at a metropolitan Atlanta airport, authorities said. The biplane and another aircraft were performing stunts in tandem during the next-to-last performance of the day at the Good Neighbor Day Open House Airshow at DeKalb Peachtree Airport, said CNN Digital news writer Melissa Gray, who attended the show with her fa...
When Saad Hammad took the controls at Flybe almost three years ago, he knew he was in for a challenge at the ailing regional airline. But no amount of due diligence could have prepared the former easyJet executive for the crisis he faced when he touched down. “Running out of cash, loss-making, in disarray,” is how he describes Flybe’s predicament then. Floated at 295p a share...
Airbus Group SE disclosed a cracking issue in its A400M military transport aircraft Friday and said its government customers must inspect the planes and make fixes if necessary. The issue doesn’t impact flight safety, the European planemaker said. The issue was first identified in 2011 in tests before the plane went into service, Airbus said in an e-mailed statement. The company has agree...
More than 160 passengers on a Lufthansa Airbus have escaped injury after four tyres blew out during an emergency landing in Mumbai, India. The flight from Munich, Germany, touched down at 10.50pm on Friday (local time), reportedly 30 minutes earlier after the pilot declared an emergency due to a landing gear issue. It's not clear what caused flight LH764's emergency, or what th...
The U.S. Air Force is looking to fund the development of a system that allows it to easily convert any of its manned aircraft into robot-piloted planes, potentially making huge portions of its existing fleet fully autonomous. According to a public solicitation notice, the “drop-in” system would “rapidly convert a variety of traditionally manned aircraft” to be autonomous...
At this point in Silicon Valley’s history, it’s nearly impossible to walk down the street without tripping over some incubator or accelerator created by a major corporation hoping to magically capture a little bit of the region’s innovative pixie dust. Most of these efforts don’t amount to much more than sightseeing trips, however. And nobody knows that better than Paul...
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary, emerging as one of the strongest business advocates of Britain staying in the European Union, said the anti-Brexit campaign should be ready to scare voters to secure victory in June 23’s referendum. Asked what he would do to bolster the “Remain” cause if the outcome of the poll is still in doubt 10 days b...
