Reading Time: < 1 minute The Royal Australian Air Force (RAAF) has conducted an air-to-air refuelling over the sub-Antarctic region for the first time to deliver about 10,500kg of cargo to researchers at Australia’s Davis Research Station. A RAAF C-17A Globemaster III conducted the air drop on Wednesday, taking off from Melbourne Avalon Airport carrying fresh food such as carrots, […]
Reading Time: 2 minutes Russia and China are demonstrating growing demand for new business jets, reads the latest 10-year Global Business Aviation Outlook by international aerospace services and solutions provider Honeywell. Nevertheless, experts predict a decline in bizav sales in Russia and the CIS. The document states that the aforementioned two countries plus Brazil remain the primary drivers behind […]
Reading Time: 3 minutes Airlines and airports are estimated to spend nearly US$33 billion on IT this year, according to the SITA 2017 Air Transport IT Trends Insights. And they are focusing their technology investments on similar priorities. Top of the agenda for CIOs at both airlines and airports, are investments in cyber security and cloud services. In addition, […]
Reading Time: < 1 minute Initial airline financial results from the second quarter of 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in the first quarter of the year, according to the International Air Transport Association’s (IATA) July report. “Meanwhile, having trended downwards […]
Reading Time: 2 minutes The UAE’s General Civil Aviation Authority is expected to hold talks with its Indian equivalent in October with the aim of securing new capacity and routes between the two countries. The emirates is proposing talks on October 3 and 4 following an agreement to setup a meeting between the two authorities by the UAE’s ambassador […]
Reading Time: < 1 minute Dubai’s autonomous ‘air taxis’ have been highly anticipated since they were first announced last year, but the General Civil Aviation Authority has said that will only happen once all aspects of transport safety have been guaranteed. “The UAE will not only be the first country to allow operation of flying pilotless taxis, it also will […]
Reading Time: 4 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and […]
Reading Time: < 1 minute Boeing forecasts a demand for 2,100 new airplanes in India, valued at $290 billion, over the next 20 years. The company released the new numbers as part of its annual Current Market Outlook (CMO) for India during a briefing in Delhi. “Commercial aerospace demand in India continues to grow at unprecedented rates,” said Dinesh Keskar, […]
Reading Time: < 1 minute Boeing released its 2017 Pilot and Technician Outlook at EAA AirVenture Oshkosh and projects a demand for more than 1.2 million pilots and technicians over the next 20 years. Now in its eighth year, the outlook is a respected industry study that forecasts the 20 year demand for crews to support the world’s growing commercial […]
Reading Time: 2 minutes To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With […]