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Joon Begins Baobab Juice Powered Operations from Paris Charles de Gaulle Airport
Millennial-focused airline Joon began operations on Friday from Paris Charles de Gaulle airport. The brainchild of Air France/KLM, Joon is geared towards the always-connected younger flyer with power available at every seat and free Wi-Fi coming next year. Joon begins their baobab juice powered operations with a fleet of Airbus A320s and A321s. These aircraft […]
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Hainan Airlines Completes Its First Transcontinental Flight Partly with Biofuels
Hainan Airlines recently completed its first transcontinental flight with an aircraft fueled in part by biofuels derived from waste cooking oil. This marks a step forward in China’s plan of meeting goals for a green economy and low carbon emissions. Though the aviation industry contributes around two percent of global human-induced carbon dioxide emissions the […]
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Whether to Lease or to Buy: An Introduction to Aircraft Leasing
Aircraft are considerably expensive purchases, especially when buying dozens of them for your airline. With orders frequently totaling in the billions of dollars, it is hard to imagine how an airline could possibly pay for all of the planes they have. Purchasing huge numbers of aircraft can tie up considerable capital and weigh down balance […]
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First A380 is Returned to Lessor: The Beginning of the End?
As reported earlier this summer, the first Singapore Airlines Airbus A380 will be returned to leasing firm Dr. Peters next week, signaling uncertainty about the future of the A380 and the market for these used, superjumbo aircraft. This jet, along with several other A380s that Singapore Airlines will be returning have two options; they will […]
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Singapore Airlines Dazzles with New A380 Hotel-like First Class Suites
On Thursday, Singapore Airlines unveiled the new cabins for its Airbus A380 aircraft. Included in the changes will be new seats in first, business, premium economy and economy classes. These new seats will allow the airline to retain its competitive edge in the Asian market, allowing them, in theory, to increase passenger yields and command […]
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American Airlines Releases Q3 Earnings: Analysts React to 2018 Capacity Growth
On October 26, American Airlines presented its third-quarter results, highlighting operating revenues up 2.7 percent year-over-year to $10.9 billion. However, due to increased costs, the net income was down more than 15 percent from the third quarter of 2016 at $624 million. Total revenue of $10.9 billion was expected by analysts and the adjusted earnings […]
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United Shares Take a Tumble Following Third Quarter Results
United shares took a tumble on Thursday, dropping more than 12 percent after the United management team failed to leave analysts satisfied with the outlook of the company. The airline reported better than expected third quarter results, but its adjusted earnings fell sharply year-over-year. A Rough Third Quarter Revenue decreased year over year due to […]
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Aerolineas Argentinas Suspends Flights to Venezuela as Economic Activity Worsens
Aerolineas Argentinas is the latest of a growing list of airlines to indefinitely suspend flights to the Venezuelan capital of Caracas, citing concerns over security in Venezuela due to increasing violence and immense political uncertainty. This suspension follows a temporary suspension announced in early August due to “operative matters” likely regarding security and financial concerns. […]
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A Closer Look as Air India Inches Closer to Privatization
As the flag carrier of India, Air India has encountered troubling times over the past few years, finally resulting in the Indian government beginning proceedings to privatize the airline. The airline has been bleeding cash for years, being propped up by taxpayer money without many consequences. However, the Indian government has finally had enough dealing […]
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Ryanair Continues to Struggle With Labor and Flight Cancellation Issues
Ryanair has had a rough several weeks to say the least, driven by continued flight cancellations and a possible pilot strike for the airline. In short summary, the airline recently learned that it will not have enough pilots to fly its remaining 2017 schedule due to errors in its scheduling of pilots for vacation, along […]