Aviation

Yerevan soars as popular holiday destination for GCC families

Sharjah / Emirates Business Armenia is fast proving to be a popular destination for GCC families, especially Indian citizens living in the Gulf, thanks to the latest visa-on-arrival policy that the country implemented earlier this year. Armenia appeals to a wide spectrum of holiday-goers, from thrill seeking adventurers to those looking for more family-orientated trips, Yerevan is an exciting destination ...

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Cebu Pacific not to charge for additional baggage on Dubai-Manila flights

Emirates Business The Philippines’ largest carrier celebrates Philippine Independence Day by giving all passengers the freedom to bring more gifts and ‘pasalubong’ for their loved-ones as Cebu Pacific offers a total baggage allowance that exceeds a typical ‘balikbayan box.’ CEB extends its promo granting its valued guests additional baggage allowance free-of-charge. Until November 30 this year all passengers originating from ...

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Net income of airlines to hit $31.4bn worldwide

Bloomberg Global airline earnings will fall less than previously forecast this year as Europe rebounds from a weak 2016 and Asian carriers tap a surge in cargo shipments, according to the industry’s main trade group. Net income is likely to total $31.4 billion worldwide in 2017, the International Air Transport Association said. While that’s $1.6 billion higher than suggested last ...

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Airbus sees demand for 35,000 jets worth $5.3trn by 2036

Bloomberg Airbus SE predicted that burgeoning demand for air travel will push jetliner sales to almost 35,000 aircraft over 20 years, about 6 percent more than previously forecast, with deliveries worth about $5.3 trillion to manufacturers. Passenger traffic is set to grow 4.4 percent annually over the period, slightly less than the 4.5 percent estimated last year. That will still ...

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Singapore Airlines plans job cuts after posting Q4 loss

Bloomberg Singapore Airlines Ltd. said jobs are likely to be cut as part of a business review Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss. The premium carrier’s staff is aware headcount reduction is possible under the process, Chief Executive Officer Goh Choon Phong told reporters at the annual meeting of the International ...

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Airbus warns new UK govt of risk to jobs, fighter role

Bloomberg Airbus SE said the next UK government must guarantee the planemaker’s ability to move people between plants in Britain and continental Europe in order to safeguard the long-term future of production in the country. It’s likewise vital for aerospace manufacturing to remain exempt from import duties once Britain quits the European Union, Chief Executive Officer Tom Enders said at ...

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F-35 fighters grounded over oxygen problems

Bloomberg The US Air Force has ordered a stand-down of its F-35 Joint Strike Fighter aircraft at an Arizona base after pilots there said they suffered oxygen deprivation while flying the plane built by Lockheed Martin Corp. Since May 2, five F-35A pilots assigned to Luke Air Force Base have reported physiological incidents while flying. According to a service press ...

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SriLankan Airlines to launch non-stop flights to Melbourne

Emirates Business New route offers Middle East travellers seamless connections through Colombo to Melbourne and beyond SriLankan Airlines, the National Carrier of SriLanka and a member of the oneworld alliance, will be soon be spreading its wings to Australia, launching daily non-stop services to Melbourne from the SriLankan capital Colombo, from October 29 this year. The new route, which was ...

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Cebu Pacific orders seven A321CEO planes

Bloomberg Leading Philippine carrier Cebu Pacific placed an order with Airbus for an additional seven A321CEO (Current Engine Option) aircraft, for delivery from March 2018. The aircraft will meet the airline’s increased capacity requirements pending the start of delivery of 32 A321NEO aircraft, which will now begin in 4TH quarter of 2018. CEB has chosen to defer the A321NEO deliveries ...

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Qataris banned from boarding flights to UAE

DUBAI / Reuters Qatari nationals will not be allowed to board flights to Dubai or Abu Dhabi because the UAE has banned them from passing through its airports after Arab powers cut ties with Qatar, Etihad Airways said on Wednesday. Foreigners living in Qatar with residence visas will no longer be eligible for visas on arrival into the United Arab ...

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