Bloomberg Boeing Co.’s aging Super Hornet fighter is getting a lift after Canada said it planned to purchase 18 as a stopgap measure while the government begins a five-year bidding process for new jets to modernize its fleet. The country will enter negotiations with Boeing to “immediately explore†the acquisition of the jets, and a separate competition will be ...
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Fiji Airways orders five new Boeing 737s
Suva / AFP Fiji Airways announced on Wednesday it had ordered five new Boeing 737s — reportedly worth $470 million — as part of a fleet upgrade programme at the Pacific nation’s flag carrier. The airline said it would take delivery of two Boeing 737 MAX 8 aircraft next year and three more in 2018 to replace five earlier-model ...
Read More »Taiwan’s TransAsia shuts after fatal air crashes
Taipei / AFP Taiwan’s troubled TransAsia Airways said on Tuesday it would close down after two deadly plane crashes, massive financial losses and an insider trading probe. Board members reached the decision at a hastily called meeting, with all flights immediately axed. Chief executive officer Liu Tung-ming bowed in a sign of contrition as he told reporters of the ...
Read More »Air Berlin seeks funding via Etihad stake in Niki Arm
Bloomberg Air Berlin Plc is seeking a much-needed cash injection from investor Etihad Airways as the Gulf carrier draws up plans to buy a stake in the German company’s Austrian leisure arm Niki, which is being spun off and merged with a peer, people familiar with the plan said. Abu Dhabi-based Etihad will take a holding in Niki as ...
Read More »S Africa hires Bain, Abacus to advise on state airlines
Bloomberg South Africa hired Bain & Co. to advise on the strategy and corporate structure of the country’s three loss-making state-run airlines to improve the benefit to the state from owning the carriers. Bain, based in Boston, was awarded the contract as part of a joint venture with a South African company, Abacus Advisory, according to a posting on ...
Read More »PIA weighs Boeing, Airbus aircraft orders
DUBAI / Reuters Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. “Boeing 777X would be a good option,” the airline’s executive director of human resources and works, Raheel Ahmed, told reporters on the sidelines of an ...
Read More »Germany’s Eurowings hit by cabin crew strike
Bloomberg Deutsche Lufthansa AG canceled 64 flights at its Eurowings division due to a strike by cabin crew as the German carrier braces for more severe disruption on Wednesday when its mainline pilots plan to walk out. On Tuesday, Eurowings flights to and from Dusseldorf and Hamburg were canceled due to strikes called by the flights attendants’ union Ver.di, ...
Read More »Pilot strike may hurt Amazon’s air operation
Bloomberg About 250 pilots employed by a subsidiary of Air Transport Services Group Inc. went on strike to protest alleged staffing shortages at the cargo carrier, threatening to ground flights for Amazon.com Inc. and DHL Worldwide Express during the busy holiday shopping season. ATSG’s ABX Air operates 35 flights a day for Amazon and 45 daily flights for DHL, ...
Read More »Etihad Airways marks 10th anniv of flights to Bangladesh
Dhaka / Emirates Business Etihad Airways honoured key stakeholders in Bangladesh to mark a decade of partnership and celebrate the 10th anniversary of operations between‎ Abu Dhabi and Dhaka. Diplomats, government and aviation officials were joined by corporate and travel industry partners, along with the airline’s Dhaka-based employees as Etihad Airways recognised their loyalty and support. His Excellency Dr ...
Read More »Qatar Airways Holidays offers travellers free transit visa
DOHA / Emirates Business Qatar Airways Holidays offers travellers from around the world the opportunity to add another experience to their already planned holiday, by stopping over in Doha on their outbound journey, for up to four days. This holiday-within-a-holiday is thanks to a new transit visa scheme that allows visitors to break their outbound journey in Doha without ...
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