Qantas has received a welcome 95th birthday gift in the form of a return to an investment grade credit rating that chief executive Alan Joyce describes as a “welcome endorsement” of the hard work from everyone at the airline in recent times. Ratings agency Standard & Poor’s on Tuesday upgraded its long-term corporate credit and issue ratings on Qantas to ‘BBB-‘...
In August 2015, Apogee opened its newest FBO in Montenegro. Anna Borodata, regional manager at Apogee stressed that location of FBO has great potential for the development of business aviation industry due to the country’s geographical location as it is easy to dispatch supervisors to almost all Balkan countries. With the opening of this FBO, Apogee are planning to increase the number of...
Dassault Aviation’s new flagship, the Falcon 8X, is making its debut at the NBAA’s Business Aviation Convention and Exhibition (BACE) in Las Vegas. Since first taking to the air last February, the three aircraft in the flight test program have accumulated 380 flight hours over 185 flights, and are now more than two thirds of the way towards FAA and EASA approval. The flight en...
Nextant Aerospace (a Directional Aviation Capital company) has received FAA certification for their new entry level aircraft, the G90XT turboprop. “Just two years ago, we announced the launch of the G90XT program.” Jay Heublein, executive vice president for Nextant said: “Just two years ago, we announced the launch of the G90XT program. Our goal was to deliver an entry leve...
Boeing Business Jets today announced orders for four new BBJ MAX 8 airplanes at the National Business Aviation Association Convention and Exhibition in Las Vegas. The first order to an undisclosed customer based in the Middle East is for three BBJ MAX 8s. The second order for an undisclosed customer in Asia is for one BBJ MAX 8. "2015 has been a really strong...
The Russian leader made this comment during a meeting with Italian Prime Minister Matteo Renzi on the sidelines of the G20 summit in Turkey’s Antalya The study of materials on the case of the crash of the Russian plane in Egypt is at its final stage, Russian President Vladimir Putin has said during a meeting with Italian Prime Minister Matteo Renzi on the sidelines of the Group of Tw...
Total financing for the 2006-2015 program was lowered from $5.9 billion to $5.8 billion Russia has amended the federal target program on civil aviation development in 2002-2010 and until 2015, slashing a whole number of targeted figures for this year, according to the government’s resolution posted on the legal information web portal on Monday. The sale of ready-made aircraft and...
STTS, a specialist in painting & sealing of airline, military and VIP aircraft, belonging to the French group Finaero, has launched a purpose built paint hangar at Dubai South. In order to offer its customers greater proximity, STTS is investing in a 34 million USD project that will accommodate a wide body painting bay at the new international airport. The site will also accommodate an a...
For most of its 100-year history, when Boeing turned out more planes, employment soared and the Seattle-area economy prospered. When the rate of production fell, layoffs followed and the local economy crashed. The cycle was so predictable that Boeing workers had a phrase for it: "Headcount goes by rate." Now that longstanding cycle has broken down. The world's largest p...
Procrastination, we are oft-warned, is a Bad Thing. Putting off to tomorrow what could be done today sounds dangerously like sloth – a gift to the early birds and a sure way to store up trouble. Unless you prefer another aphorism: haste makes waste? Eschewing knee-jerk reactions to sit on one’s hands looks wise when dawn breaks on new realities. Airlines must be wondering where l...
Latin American and Caribbean airline executives arrive in San Juan for this year's ALTA Airline Leaders forum with closer partnerships and investments firmly on the agenda. In the past year United Airlines has invested in Brazilian carrier Azul while the latter's owner David Neeleman led a consortium that won the TAP Portugal privatisation tender....
A UAE-bound Air India plane slid off the runway at Kozhikode's Karipur International Airport in Kerala, on Monday, reports said. A huge tragedy was averted after the plane skidded off the runway, which is under maintenance, Manorama Online reported. All the passengers and crew members are reportedly safe. The incident took place just before the Sharjah-bound flight took off Karipur...
