Reading Time: 2 minutes Boeing and flydubai finalized the purchase of 175 737 MAX airplanes in the largest single-aisle jet order in Middle East history. The deal – which includes options for an additional 50 jets – is valued at $27 billion at current list prices. Announced as a commitment at the 2017 Dubai Airshow, the deal allows flydubai […]

Reading Time: < 1 minute Japan Airlines has confirmed it has been defrauded of JPY384 million yen (USD3.4 million) after it received a series of emails purportedly demanding payment for leasing fees and commissions. Quoting an airline statement, the Kyodo news agency said it had received emails that appeared to be from a US financial services firm it had been […]

Reading Time: 4 minutes According to the CIA World Factbook, there are 41,820 airports around the world, but not all are created equal, as every investor knows. As the global economy shifts to the East, it’s little wonder that four of the largest airports by the number of passengers carried are located in Asia: Bejing (PEK), Tokyo (HND), Hong […]

Reading Time: 2 minutes James Elliott, director for MRO for aviation and defense at IFS, argues that both airlines and shops need much more granular insight into every part of every aircraft as new models become pervasive in commercial aircraft maintenance. The shift from the old, rigid A, B, C, D checks, with batches of maintenance tasks done at […]

Reading Time: < 1 minute Singapore Airlines has changed the flight route of its daily Singapore Changi-Los Angeles Int’l service to avoid the Sea of Japan where North Korea conducts missile testing, the carrier has announced. The previously unannounced change was introduced in July after North Korea had conducted two tests of powerful intercontinental ballistic missiles capable of reaching the […]

Reading Time: 2 minutes Singapore Airlines has taken delivery of the first of five new A380 aircraft scheduled to join the carrier’s fleet over the coming year, at a special ceremony hosted by Airbus in Toulouse, France. The aircraft delivered is the first in the airline’s fleet to feature its recently launched on-board cabin products and innovations. In addition […]

Reading Time: 2 minutes QantasLink has announced a new pilot recruitment program designed to provide the best and brightest aviation students with a flying start to their career. The “Qantas Future Pilot Program” has been designed in collaboration with five universities across Queensland, New South Wales and Victoria, and is open to aviation students at UNSW, Griffith University, University […]

Reading Time: 2 minutes Boeing dominated November’s new order tally, booking 159 commercial aircraft by six customers, valued at approximately $21 billion at list prices. Boeing’s November sales included major orders by Ireland-based subsidiaries of two Chinese aircraft leasing companies. CDB Aviation, a wholly owned Dublin-based subsidiary of China Developmental Bank Financial Leasing Co. (CDB Leasing), firmed an order […]

Reading Time: < 1 minute Air New Zealand Boeing 787, performing flight from Auckland to Tokyo Narita with 268 passengers and 14 crew, was climbing out of Auckland when the crew stopped the climb due to engine vibrations and abnormal engine sounds. The crew shut the engine down and returned to Auckland for a safe landing on runway 23L about […]

Reading Time: 6 minutes The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include: A slight decline in the operating margin to 8.1% (down from 8.3% […]