In the first six months of 2017, KLM intends to take on 400 new cabin attendants (incl. 100 for KLMCityhopper) and 100 new pilots. KLM has managed to achieve a great deal in recent years in terms of cutting costs. Simultaneously, the network has been expanded to include new destinations and older aircraft have been replaced by newer types in a rigorous programme of fleet r...
The International Air Transport Association (IATA) announced that it expects the global airline industry to make a net profit in 2017 of $29.8 billion. On forecast total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in the industry’s history) in which airlines will make a return on invested capital (7.9%) which...
Order confirms airline as launch customer of two-class, 86-seat Q400 aircraft Bombardier Commercial Aircraft announced that it has finalized a firm purchase agreement with Philippine Airlines, Inc., flag carrier of the Philippines, consistent with the Letter of Intent announced on October 14, 2016. The purchase agreement includes a firm order for five Q400 aircraft and purchas...
Boeing teammates in North Charleston, S.C., started final assembly of the first 787-10 Dreamliner, marking yet another on-time milestone for the development program. The first 787-10 will cycle through Boeing South Carolina's Final Assembly facility as all major sections are joined, interior and exterior components completed, power turned on and production tests begin. "As we e...
New research from Global Jet Capital, a global provider of financing solutions for corporate aircraft, reveals there are around 73 aircraft of this size for sale in the Middle East, with a combined value of around $939 million. Some 26 of these aircraft are registered in the United Arab Emirates, and 23 are in Saudi Arabia. The remainder is spread out across the Middle East. The findings...
Bristol Flying Centre Ltd, the parent of Centreline Air Charter, has undergone a total brand review and today unveiled its new identity and website. The company, now all named Centreline, has rebranded to support its growth and continuing evolution as a European leading full service private jet management organisation. The extensive rebranding exercise includes a new website encompassing the co...
Jet Aviation unveils a new corporate logo and branding initiative as part of the company’s 50th jubilee anniversary celebrations next year. The new corporate logo retains the color elements of the company’s current mark, while introducing a more modern design. The branding initiative also features a stand-alone emblem that replaces the deer-head symbol. Amongst other celebratory...
TAG Farnborough Maintenance Services (TFMS) in conjunction with Zodiac VIP Business Aircraft Interiors (ZBAI) is now able to provide improved business aircraft interiors capabilities. Services range from smart repairs to discreet cabinet refurbishments and minor interior modifications. The range of products extends to furniture, carpets, seats and cabin periphery. &ldqu...
Honeywell unveiled GoDirect Cabin Connectivity, a suite of services and mobile applications that helps business jet owners and operators more easily manage and control their satellite communications services and usage. By providing operators with the tools needed to manage an aircraft’s connectivity network via an online portal or mobile device, Honeywell has limited the need for third-party...
Abu Dhabi Global Market has launched two initiatives to accelerate growth at the UAE’s newest free zone. It has adapted its rule book to encourage the aviation finance industry to set up on ADGM’s Al Maryah Island base; and it is to host a global summit on financial technology in support of its ambition to be a regional hub for the booming fintech industry. Ahmed Al Sayegh, the c...
Boeing unveiled its 2016 Boeing Pilot & Technician Outlook for the Asia-Pacific region, projecting that more than 500,000 new pilots and technicians will be needed to support the expanding demand for new airplane deliveries over the next two decades. The outlook, a leading industry forecast of aviation personnel demand, anticipates the need for 248,000 new commercial airline pilots and...
Gama Aviation Plc, the global aviation services group, has released the architectural concept for its proposed business aviation facility in Sharjah. The facility, the first purpose built location of its type in Sharjah, will replace its existing facility and is a cornerstone to the company's continued expansion in the region. Once completed, mid-2018, the facility will comprise o...
