Boeing 787 Boeing is looking at another record year of deliveries - if suppliers can keep up. The planemaker expects to deliver between 810 and 815 commercial airplanes in 2018. That means it will have to complete one roughly every 11 hours. The world's airlines have an insatiable appetite for new airplanes thanks
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Final 2017 results show healthy growth, yields for airfreight industry
The double-digit growth recorded through most of 2017 added up to the strongest growth over a calendar year since 2010, IATA reported today, as freight tonne kilometers across the airfreight industry rose by 9 percent for the year, compared to 2016. Last year saw improvement in world trade conditions generally while
Hyundai hopes bigger, revamped Santa Fe SUV will reverse U.S. sales slump
2017 Hyundai Santa-fe sport Seoul (Reuters) - Hyundai Motor unveiled on Tuesday a redesigned Santa Fe, hoping the first makeover of the sport utility vehicle (SUV) in six years will help rectify a sales slowdown at the South Korean automaker, especially in the key U.S. market. The revamped version of its top-selling SUV
23 African countries take a major step towards cheaper continental flights, sign Single African Air Transport Market treaty
Almost three decades after it was first proposed, African countries have finally taken a major step towards opening the continent’s skies. Yesterday (Jan. 28), 23 African countries launched the Single African Air Transport Market (SAATM) initiative by the African Union (AU). The initiative is largely based on the agreements of the Yamoussoukro
Med-View suspends Dubai flight operations
Five days after Med-View Airline put on hold its service to London, the Nigerian flag carrier has suspended its Dubai operations till March. The airline’s Managing Director, Mr. Muneer Bankole, who disclosed this on Monday, said the suspension was to pave the way for aircraft maintenance and refurbishment. However, a source disclosed that
Ford’s Chariot bus service to launch in London
Then-Ford president and CEO Mark Fields speaks near the logo of shuttle van startup Chariot, during the North American International Auto Show in Detroit, Michigan, U.S., Jan. 9, 2017. REUTERS/Rebecca Cook/File Photo London (Reuters) - London approved on Monday Ford’s plans to operate its Chariot minibus services as the automaker expands
Lockheed Martin revenue beats, outlook strong for 2018
Lockheed Martin Corp reported quarterly revenue on Monday that beat Wall Street estimates, helped by higher F-35 fighter jet sales, and forecast better-than-expected 2018 profit. Lockheed said quarterly sales in its aeronautics business, its biggest, rose 11.8 percent to $6.05 billion. The profit margin for division grew by 20 percent in the
How Nigerian airlines’ll be shortchanged by Africa’s open skies treaty
Qatar Airways’ first Airbus A350-1000 to be delivered Feb 15-20: CEO
Qatar Airways staff hold the national flag next to an Airbus A350-1000 in Doha, Qatar, January 27, 2018. REUTERS/Naseem Zeitoon Delivery of Europe’s largest twin-engined passenger jet to launch customer Qatar Airways had been delayed from late last year to some time next month due to issues with installing business class
Lekki, Ikoyi tolls will rise Feb 1 – LCC
Admiralty Circle Toll Plaza on the Lekki-Epe Expressway, Lagos Lagos - Lekki Concession Company Limited (LCC)has announced that it will increase the toll tariffs being charged at the Admiralty Circle Toll Plaza on the Lekki-Epe Expressway and the Lekki-Ikoyi Link Bridge Toll Plaza with effect from Thursday, February 1, 2018. The LCC’s
