The Uber charter helicopter services have seen a major upsurge in large metropoles with overcrowded traffic and wealthy customers, mostly in Asia. A r...
Ryanair reported profit growth but warned for higher costs
Irish airline Ryanair reported a year-on-year increase in its profit but warned that higher costs would make the year ahead more difficult. The carrie...
The US withdrawal from the Iran nuclear deal puts pressure on aircraft manufacturers
The withdrawal of the US from the Iranian nuclear agreement is a signal for failure of 38-billion-dollar air deals between Tehran and a number of West...
Air France-KLM Group’s share price dropped after Jean-Marc Janaillac resignation last week
Air France-KLM Group’s share price dropped after CEO Jean-Marc Janaillac resigned last week, putting the largest European airline in crisis at a...
Boeing acquires KLX company for about 3.2 billion USD in cash
The aircraft manufacturer Boeing will acquire the KLX company for about 3.2 billion USD in cash to expand its aerospace business. The deal, valued at ...
Boeing announced a higher-than-expected profit in Q1 2018
Boeing announced a higher-than-expected profit in Q1 2018 and increased its earnings per share and cash flow forecast for the full year, thanks to a s...
Airbus lost the deal with American Airlines
The US aircraft manufacturer Boeing has won the big airline competition for American Airlines against its European rival Airbus. The aviation engineer...
Lufthansa and Air France cancel thousands of flights due to strikes
Frankfurt Airport warned of significant delays and cancellations of flights due to strikes in France and Germany. Lufthansa will cancel “more th...
Boeing may be the biggest loser in the escalating US-China trade dispute
The US aircraft manufacturer Boeing may be the biggest loser in the escalating trade dispute between Beijing and Washington. China is a key market for...
Air Kyrgyzstan interested in buying Russian passenger aircraft SSJ 100 and MC-21
Air Kyrgyzstan is interested in buying Russian passenger aircraft SuperJet 100 (SSJ 100) and Irkut MC-21. The consultations are underway, revealed the...