Cancun / Emirates Business The International Air Transport Association (IATA) announced that Qantas will host the 74th IATA Annual General Meeting (AGM) and World Air Transport Summit. The event will attract the top leadership of the air transport industry to Sydney, Australia, from June 3-5, 2018. “Sydney is an excellent choice to become the capital of the global air transport ...
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Etihad Cargo, Royal Air Maroc Cargo sign pact to increase cooperation
Casablanca / Emirates Business Etihad Cargo and Royal Air Maroc Cargo have signed a Memorandum of Understanding (MoU) which will see the two airlines cooperate in a number of areas including network development, freighter deployment and increasing traffic on several trade lanes over the next nine months. The MoU was signed at Royal Air Maroc’s headquarters in Casablanca by David ...
Read More »Qatar Airways to become biggest loser in GCC spat
Bloomberg Qatar’s state airline is set to become the biggest loser from the diplomatic breakdown in the Persian Gulf—with competitors in Dubai and Abu Dhabi also set to suffer. Some 76 daily flights are likely to be grounded, of which 52 are operated by Qatar Airways, after Saudi Arabia, Bahrain, Egypt and the UAE suspended ties with Qatar, according to ...
Read More »Etihad open to ‘potentially deepening’ ties with Alitalia
Bloomberg Alitalia has started an administration process aimed at finding investors willing to invest in the carrier Etihad Airways, the biggest single shareholder in Alitalia, is open to deepening its ties with the insolvent airline after investing about 1 billion euros ($1.1 billion) in the Italian company. “Strong ties continue to exist between Alitalia and Etihad Aviation Group and we ...
Read More »Airbus to swap Finnair’s Zodiac seats amid A350 quality concerns
Bloomberg Airbus SE will refit Zodiac Aerospace seats on all of Finnair Oyj’s A350 wide-body jetliners because of quality issues, said the airline’s CEO, Pekka Vauramo. Entire business-class berths must be replaced on the nine A350s that Finnair has in operation, Vauramo said in an interview at the International Air Transport Association’s annual meeting in Cancun, Mexico. The changes will ...
Read More »Bombardier says Korean Air to get revised engine on C Series jets
Bloomberg Korean Air Lines Co. will be the first Bombardier Inc. customer to fly C Series jets outfitted with Pratt & Whitney engines revamped to address a durability issue, according to the Canadian manufacturer. South Korea’s biggest carrier is set to become the third operator of the C Series when it takes delivery of its first CS300 jets in the ...
Read More »Gulf carriers suspend all flights to and from Qatar
WAM/ Reuters Etihad Airways announced that it will suspend all flights to and from Qatar until further notice, joining other regional carriers in a similar move amid a diplomatic spat between Qatar and some of its Gulf neigbhours. The move came after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it ...
Read More »Jet Airways in talks to buy 50 single-aisle jets worth $5.6 billion
Bloomberg Jet Airways India Ltd., the country’s biggest full-service carrier, is in talks to buy 50 narrowbody jets worth at least $5.6 billion on top of a pending order for Boeing Co. 737 Max aircraft, a person with direct knowledge of the plan said. The most likely model the airline is considering is the 737 Max, though it is also ...
Read More »Delta poised to regain power over airfares
Bloomberg Delta Air Lines Inc. is finally showing a return to pricing power after a two-year slump, leading stocks to climb across the industry. Passenger revenue for each seat flown a mile rose 3.5 percent in May, the second-biggest US carrier said. The increase showed that Delta is on track for a 3 percent gain this quarter in the benchmark ...
Read More »Airbus to show innovative technologies at Paris show
Emirates Business At the Paris Air Show, which runs from June 19-25, Airbus will showcase its wide range of innovative technologies, products and services, from market-leading commercial and military aircraft to helicopters and space systems. In addition, there will be a new Digital Exhibition zone at the Airbus pavilion (located at the end of Chalet Row A), where traditional mock-ups ...
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