Airbus’ new Global Services Forecast has predicted $4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037. Major aircraft manufacturing company said the new analysis was based on a three-way market segmentation, respectively focusing on the aircraft, the airline operation, and the passenger experience. According to Airbus, aircraft-focused lifecycle services
Swaziland King’s Airport Fails to Attract Airlines
Swaziland's King Mswati III airport dubbed a vanity project for the King and a white elephant has failed to attract any new airlines in the four years since it opened, the kingdom's civil aviation authority has admitted. This was despite continued claims that airlines from across the world wanted to use
Panalpina releases positive first-half 2018 results
Swiss forwarder Panalpina reported a first-half net profit of US$36.1 million, up 20.1 percent over 1H17. Gross profit (what some forwarders call net revenue) was up 10.6 percent for the half to $744.4 million, while operating profit (EBIT) jumped 30.2 percent to $54.7 million. This strong performance comes after a long
Ford agrees to $299.1 million U.S. Takata air bag settlement
Ford Motor Co agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata airbag inflators, court documents filed in a federal court in Miami on Monday show. The settlement covers several forms of economic damages linked to the inflators, including
UBS downgrades FedEx on trade war risks, upgrades UPS on domestic performance
United Airlines buying bigger regional jets and long-range Dreamliners
United Airlines is buying 4 of the new Boeing 787-9 Dreamliner seen here. United Airlines is going on a plane-buying spree — with much of the buying focused on new and larger aircraft for the Chicago-based carrier's expanding regional route network. United intends to purchase 25 Embraer E-175 regional jets and four
Ryanair ‘downplaying’ emergency landing that sent dozens to hospital after ‘nightmare’ flight, passenger says
The flight was forced to make an emergency landing due to a depressurization event, Ryanair confirmed. Some passengers reportedly experienced headaches and bleeding from the ears due to the rapid descent that followed. (Reuters) A Ryanair passenger is accusing the airline of deliberately “downplaying” the severity of an emergency landing on
DHL Express Strengthens Unmatched Intercontinental Network with Order of 14 New Boeing 777 Freighters
From left to right: Kevin McAllister CEO Boeing Commercial Airplanes; Ihssane Mounir, VP Sales & Marketing The Boeing Company; Dan Abraham, VP Sales Europe Boeing Commercial Airplanes; Ken Allen, CEO DHL Express; Charlie Dobbie, COO DHL Express; Mike Parra, CEO DHL Express Americas.Business Wire At the Farnborough International Airshow, DHL Express
Rolls Royce develops propulsion system for flying taxi
UPS, Teamsters reach five-year Freight labour pact
Threatened strike averted with agreement hammered out before Aug. 1 deadline. UPS and the International Brotherhood of Teamsters, which represents about 11,000 UPS Freight employees, have reached a tentative agreement for a new five-year master contract. “With agreements now reached for both the freight and small package national master contracts, discussions continue