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Airbus Signs Massive $49.5 Billion Deal for 430 A320neo Aircraft

Airbus has announced a deal worth $49.5 billion with Indigo Partners, owner of Frontier Airlines, with the signing of a Memorandum of Understanding for 430 A320neo family aircraft at the Dubai Airshow. The order comprises of 273 A320neos and 157…

Photos: First Aircraft for Air France’s Joon Rolls Out of…

The first aircraft for Air France's low-cost airline Joon has rolled out of the paint shop. The airline's first A320, the first of five, emerged in new colors last week at Paris' Charles de Gaulle airport. The new airline, announced…

Boeing Forecasts New Airplane Market for Middle East, Valued at…

As of Nov. 13, Boeing announced its latest forecast, highlighting that the Middle East would be in need of 3,350 airplanes over the next 20 years, valued at $730 billion. The company presented their Current Market Outlook, or CMO, for…

Stranded Aircraft: The Aftermath of Air Berlin’s Demise

An Air Berlin Airbus A320 sits on the tarmac at Keflavik Airport in Iceland unable to depart. After filing for bankruptcy protection and ceasing operations in late October, Keflavik’s airport management had grounded the airplane following a battle over unpaid airport…

Qatar Airways Takes a Minority Stake in Cathay Pacific

Qatar Airways has just announced its acquisition of a minority stake in Cathay Pacific, with the Gulf airline set to become Cathay Pacific’s third largest shareholder. The 9.6 percent stake, equivalent to 378,188,000 shares of the Asian carrier, was purchased…