IndiGo, India’s largest airline by market share, on Monday said airplane manufacturer Airbus SAS has confirmed that beginning with March 2016, it will deliver 24 fuel efficient A320neo aircraft by March 2017, as compared to the original plan to deliver 26 A320neos. In December, InterGlobe Aviation Ltd that runs IndiGo had said that the delivery of the first fuel-efficient Airbus A320neo h...
The behavior of airline stocks over the past year has been puzzling for investors. Airline profits have soared to record highs thanks to low fuel prices. However, most airline stocks have struggled, as investors have become worried about unit revenue declines. Many airline stocks have fallen in the past year despite strong profit growth. This reaction neglects the significant interplay betwe...
by Brian Cohen You would think that ancillary fees imposed by a reduced number of commercial airlines, airport security checkpoints and shorter wait times for flights would drive passengers to patronize smaller airlines such as SeaPort Airlines. Nope. Not even the lowest fuel prices in years prevented the company from declaring bankruptcy protection due to a shortage of pilots nationwide,...
The air traffic system in India is not immune to severe shocks—such as the one in 2010—during which traffic figures plummet and wreak havoc on the industry. The wave of airline mergers, which had occurred only a few years before and was actively encouraged by the ministry of civil aviation, did not prove conducive to making India’s airlines more resilient or competitive. Kingf...
Thai Airways looks set to the be second Airbus A350 operator to Australia with flights to Melbourne scheduled to feature the next generation widebody from July. A report from the Airline Route website said the Star Alliance member opened reservations for its Bangkok-Melbourne service with the A350 over the weekend. Currently, Thai flies twice daily between Melbourne and Bangkok with Boe...
A second ratings agency has lifted its assessment of Qantas stock back to investment grade, sending the airline’s stock up more than one per cent in afternoon trade on a flat day for the broader market. Ratings agency Moody’s on Monday upgraded its senior unsecured ratings of Qantas to “Baa3” from “Ba1”, restoring an investment-grade rating that was lost afte...
For those of you outside the European Union or the United Kingdom, you may or may not heard of the upcoming poll of the British public on if they wish to remain in the European Union (which the media has dubbed the “Brexit”). And normally, I wouldn’t write about this – mainly because the wall-to-wall media coverage of this, with politicians tearing each other into bits w...
The sun-powered plane Solar Impulse 2 has made a successful test flight in Hawaii, where it has been grounded for repairs on its round-the-world trek, the Swiss-based project said Saturday. "The first Solar Impulse 2 maintenance flight took place on Friday 26 of February (and) was uneventful. The plane took off from Kalaeloa airport at 4:32PM UTC [GMT] with our test pilot, Markus Scherdel,...
U.S. Sen. Charles Schumer wants to require the Federal Aviation Administration to establish seat-size standards for commercial airlines, which he says now force passengers to sit on planes "like sardines." The New York Democrat told The Associated Press the airlines have been slowly cutting down legroom and seat width. "One of the most vexing things when you travel on an airpl...
East African Aviation, a private company, has inaugurated Ethiopia's first air ambulance transport service. The company owned by Captain Mulat Lemlemayehu, a former commercial pilot who served the Ethiopian airlines for 39 years, also inaugurated its newly established aviation school and air charter service at a ceremony late Thursday in Ethiopia's capital Addis Ababa. The company ha...
MANPADS are by definition "man-portable." But just one -- like this Iranian Republican Guard "Strela" -- can bring down a large aircraft. Image source: sayyed shahab-o- din vajedi via Wikimedia Commons. Around the world, the use of cheap and deadly shoulder-launched infrared guided missiles is "growing in popularity among terrorist groups and in thirdworld countries.&qu...
Republic Airways Holdings Inc had outstanding orders for 24 Embraer E175 passenger jets when it filed for Chapter 11 reorganization in a U.S. court last week, Brazilian aircraft manufacturer Embraer SA said on Sunday. Embraer has already delivered four E175 jets to the U.S. airline out of 28 total firm orders. The remaining 24 were scheduled for delivery between August 2016 and December 2017....
