- Virgin Atlantic CEO Sees Air France Deal Completing in Early 2019[Mar. 15, 2018]
Virgin Atlantic expects a deal for Air France-KLM to buy a stake in the British airline from Richard Branson's Virgin Group to complete in early 2019, its chief executive said.
- Airline Caterer Gategroup Opens Books for IPO of Up to US$2.8 Billion[Mar. 15, 2018]
Bookbuilding for an initial public offering of airline caterer Gategroup is set to open on Thursday, the group said in a statement late on Wednesday, with a price range set between 16 and 21 Swiss francs per share.
- HNA Is Shedding Its Stake in Hilton Grand Vacations After 88% Gain[Mar. 13, 2018]
HNA Group is selling its 25 percent stake in Hilton Grand Vacations Inc. as the Chinese conglomerate continues to shed its holdings to repay debts.
- Analysis on the Development of In-Air WiFi from the Perspective of Airlines' Auxiliary Service[Mar. 13, 2018]
On January 16, 2018, Civil Aviation Administration of China (CAAC) issued "Usage Assessment Guidance for Portable Electronic Device (PED), Guidance for short", after which China Eastern Airlines firstly announced the implement of In-Air WiFi and Hainan Airlines became the first to carry it out, marking the blowout of domestic airlines' endeavor to complete their auxiliary service. Hereinto this article analyzes the path of In-Air WiFi from the perspective of Airlines' endeavor to develop auxiliary service.
- Airbus Discloses Share Buyback Transactions[Mar. 12, 2018]
Airbus SE reports the following share buyback transactions from 5 March 2018 to 9 March 2018 under Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("EU Market Abuse Regulation").
- First Airbus A320 Door and Slide Trainer in the Baltic States[Mar. 09, 2018]
As the first and only of its kind in the Baltic States, BAA Training has added a brand new Airbus A320 Door and Slide Trainer to its repertoire of training equipment. BAA Training continues to invest in its training equipment so it will be the first choice training provider. Having announced the 4 full flight simulator acquisition just last year, one of the leading aviation centres in Northern Europe accelerates into the new year with one more, state-of-the-art equipment addition to its headquarters in Vilnius. This addition opens the possibility for timely and cost-effective cabin crew and pilot training or training equipment leasing for airlines, as it can be easily reached via main European aviation hubs on a daily basis.
- India Demand for New Aircraft Forecast at 1,750 over 20 Years[Mar. 09, 2018]
India will require 1,750 new passenger and cargo aircraft over the next 20 years to meet an exponential rise in both passenger and freight traffic, according to Airbus' latest India Market Forecast. To help meet this growth, India will need 1,320 new single-aisle aircraft and 430 wide-body aircraft valued at US$255 billion.
- Turkish Airlines Selects A350 XWB, Lifting Its Fleet to New Heights[Mar. 09, 2018]
Istanbul-based Turkish Airlines has signed a Memorandum of Understanding (MoU) to acquire 25 A350-900 aircraft plus five options, underlining its strong confidence in the global market-dynamism and growth.
- Jet Airways, Air France-KLM, Delta Consortium to Bid for Air India[Mar. 11, 2018]
A consortium of Jet Airways, Air France-KLM and Delta Airlines is understood to have expressed interest in the disinvestment of national carrier Air India, according to sources.
- SpiceJet, CFM Sign US$12.5 Billion Engine, Service Deal[Mar. 11, 2018]
One of India's fastest-growing airlines has signed a US$12.5 billion deal with CFM International Inc. for engines and a 10-year services contract for an incoming fleet of more than 150 Boeing Co. 737 MAX aircraft.