Author Archive
France To Reduce Stake In Paris Airports
France plans to trim its majority stake in Paris airports operator ADP in a sale of almost EUR€700 million (USD$908 million) worth of shares as it seeks to free up funds to invest elsewhere in an economy in recession. ...
Singapore Air Orders Aircraft Worth USD$17 Bln
Singapore Airlines has ordered 30 Airbus A350-900s and 30 Boeing 787-10Xs in a deal valued at more than USD$17 billion, among the biggest in the airline’s history. The deal makes Singapore Airlines the launch custo...
Flight Paths At New Berlin Airport Draw EU Ire
Berlin’s much-delayed new airport suffered another setback on Thursday when the European Commission accused Germany of failing to heed EU wildlife protection law. The European Union’s executive, which enforce...
Boeing 737 MAX To Burn Less Fuel Than Expected
Boeing said on Thursday it is confident its new 737 MAX passenger jet will burn 13 percent less fuel than current 737 models, a figure that exceeds earlier estimates. At a press briefing, Boeing said its forecast is base...
New UK Hub Should Mean Closing Heathrow
London Heathrow Airport would need to close if the UK government decides to build a new estuary airport or to make Gatwick the UK’s major hub, according to a transport think tank. The Independent Transport Commissi...
Boeing Celebrates Delivery of 50th 747-8
Launch customer Lufthansa takes delivery of milestone airplane – Reliability of fleet stands at 98.8 percent Boeing (NYSE: BA) celebrated the 50th delivery of a 747-8 today. Deutsche Lufthansa AG, the launch customer of t...