The private equity firm is close to acquiring StandardAero for more than $5 billion; once the deal is finalized an announcement is likely to be made as early as later this week. As per sources familiar with the matter at… Read More ›
airlines
Vietnam’s Vietjet Aviation to purchase 50 A321neo from Airbus in a $6.5 billion deal
The deal was finalized during French Prime Minister Edouard Philippe’s visit to Hanoi. According to sources familiar with the matter at hand, Vietjet Aviation, a budget air carrier that is growing rapidly, is set to finalize a $6.5 billion jet… Read More ›
Kuwait Airways to purchase 8 A330-800neo jets
Airbus is scheduled to make the deliveries between March 2019 through December 2026. On Monday, Kuwait Airways stated it has signed an agreement with Airbus to purchase eight A330-800neo airliners. The deal comes in the wake of five months of… Read More ›
Indigo Airlines eyes purchase of Airbus A330neo or Boeing 787 midst expanding market
With IndiGo set to increase its footprint to international destinations, the Indian carrier is likely to purchase either an Airbus A330neo or Boeing 787. Indian budget airlines IndiGo disclosed, it was holding talks with aircraft manufacturers on adding wide-bodied aircraft… Read More ›
Compression issues in Rolls Royce engine lead to Japanese Airline ANA Holdings canceling 113 domestic flights
Rolls Royce has stated progress on fixing compression issues with its Trent 1000 engines C and Trent 1000 engines B have been slow due to a global shortage of replacement parts. On Wednesday, Japanese airline ANA Holdings Inc disclosed it… Read More ›
Rising fuel costs threatening global airlines profit outlook: IATA
Rising fuel costs and geopolitical tensions along with a host of other factors are adding to the risks of the airlines industry, despite a stronger global economy pushing up passenger yields. On Monday, airline operators across the globe have slashed… Read More ›
India’s Jet Airways to purchase 75 Boeing 737 Max narrowbody jets for $8.8 billion
For the 41st time, India’s domestic air traffic is seeing double digit growth. India’s Mumbai-based Jet Airways Ltd disclosed it plans on purchasing 75 Boeing 737 MAX narrowbody jets from the U.S. airplane maker. Jet Airways did not disclose in… Read More ›
EU lawmakers aims to punish non-EU airlines for unfair competitive practices
Airlines from China, Russia, the Gulf region, and Turkey could face punitive EU measures arising out of the final version of this regulation. In a significant development, an European Parliamentary committee stated, non-EU carriers could see their rights to fly… Read More ›
Earnings of U.S. airlines primed to take off in the first quarter: trade body
Airlines for America (A4A) has forecast nearly a doubling of passengers carried by U.S. airlines this spring. According to a forecast by a U.S. airlines industry trade group, starting this spring the sector is set to carry an all-time high… Read More ›
Boeing considering raising production levels of 737
Boeing is likely to raise production levels of its narrowbody offerings. On Wednesday, a senior executive from Boeing said, judging by currently available data, the aircraftmaker must seriously consider raising the production levels of the 737. When asked at a… Read More ›
manageria.biz 