TAP Air Portugal is under massive renovation and rejuvenation, bringing in new aircraft at a steady pace and is undergoing a refresh of it’s domestic and long-haul fleet with JetBlue founder David Neeleman at the helm. TAP has 19 Airbus A330-900neos on order, featuring Airbus’ Airspace interior, and plenty other aircraft in the order books. The […]
A while back Boeing announced a company first and next month, it will come to fruition. The aircraft manufacturer will open its first foreign production line for a Boeing aircraft in Zhoushan, Zhejiang China as a result of a partnership with Chinese government-owned Commercial Aircraft Corporation of China (Comac). 737 Completion and Delivery Center This […]
India is expected to grow to become the third largest aviation market in less than 10 years. As previously reported, it is notoriously difficult for airlines in India to make money. Intense competition has driven down fares to the point that in some cases, fares are not able to even cover operating costs for some […]
European regional airline Flybe took a beating recently over a revised revenue forecast worth 40 percent of the company’s value in trading on Wednesday. The airline expects a drop in revenues over the next six months due to falling consumer demand. This worsens the airline’s expected losses for the year to over $25 million, which […]
American Airlines’ stock has reached a 52 week low, highlighting a lack of investor confidence in how the airline is operating. This has been reiterated in the aviation blogosphere where many travelers have continued expressing their dissatisfaction, particularly surrounding American’s challenges with providing consistently good service. In the midst of many passengers’ dissatisfaction with the airline, […]
Etihad’s equity partnership in airlines is creating trouble yet again, this time with the perpetually money-losing machine better known as Jet Airways. Etihad, which already owns a 24 percent stake in Jet Airways, has proposed a new financial restructuring and support plan for Jet Airways which will result in an additional investment in the essentially […]
Asia has been seeing a retreat in its markets this year and several Asian economies are seeing their currencies continuing to slide in value. The Indian rupee has been among the worst hit in the region with a decline of more than 12 percent versus the dollar this year. As a result, the Indian government […]
Word broke on Thursday of Emirates potentially acquiring Etihad, a piece of news that seems to re-appear every few months. Both airlines are state-owned by different emirates in the UAE. Emirates is owned by the government of Dubai while Etihad is owned by the government of Abu Dhabi. It’s no secret that Emirates has built […]
The African continent has a burgeoning aviation industry with growth expected to be around 6 percent annually. However, it accounts for less than 2 percent of the global aviation market at the moment, dominated by outside airlines. While the potential is there to grow the African aviation sector, many factors make realizing the full potential of […]
For airlines, passenger transport isn’t the only the only profitable aspect of the business. Even passenger airlines often have huge cargo operations that are also extremely profitable in this increasingly interconnected global village. Just about anything can be shipped via air cargo, from pharmaceuticals to the latest cell phones and even horses. That’s where Emirates […]
