Posted by as Financial and Business
The world’s two largest makers of commercial aircraft have suffered major order cancellations since the beginning of the year. Although it has not named the airlines responsible, US planemaker Boeing said that 25 orders for its state-of-the-art 787 Dreamliner had been cancelled. In Europe, Airbus confirmed that Abu Dhabi-based Etihad Airways had cancelled orders for [...]
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Planemaker Boeing has bought numerous China Eastern Airbus planes in the effort of pushing sales of its 777 model. Reports said on Tuesday that the move by the US-based firm had agreed to buy nearly 50 per cent of the aging Airbus A340 aircraft in China Eastern’s fleet as part of an agreement to sell [...]
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Malaysia Airlines has made the controversial decision to ban children under the age of twelve-years from travelling on the upper deck of its A380 superjumbos. The announcement follows an earlier decision not to allow babies access to the first class cabin. Tengku Azmil, Malaysia Airlines’ chief executive, has confirmed the decision on Twitter explaining that [...]
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Middle Eastern airline giant Emirates is hoping to get round the restrictions placed on night flights at Heathrow by landing its superjumbo Airbus A380s at a steeper angle. The carrier argues that by landing the planes at a steeper than normal angle the noise from jet engines is significantly reduced. Emirates is asking for permission [...]
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France is calling on the European Commission to bring to an end the argument over a carbon emissions tax being imposed on all airlines flying in and out of European airports. Prime Minister Francois Fillon has written a letter to the EC President Jose Manuel Barroso saying that every effort is needed to find a [...]
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A Singapore Airlines superjumbo carrying more than 430 passengers has been forced to abort a flight to Frankfurt from Singapore after experiencing trouble in one of its engines. The aircraft managed to land without incident and all of the passengers have since been transferred safely to another plane to continue their journey. A statement issued [...]
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Qantas is arguing that plans to force airlines submit safety justification to the regulators and the government prior to any grounding of aircraft is not only impractical but could also put the safety of passengers at risk. Last October, the Australian flag-carrier took the decision to ground its entire fleet of aircraft because it was [...]
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Airlines in India are preparing to refuse to submit to rules imposed by the European Commission governing emissions. According to an unnamed official, airlines are poised to refuse to participate in the emissions trading scheme which requires all carriers flying to and from airports in Europe to buy credits for the carbon they produce. In [...]
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Airbus has joined with some of the largest airlines in Europe to put pressure on the European Union to come up with a solution to the increasing threat of retaliation from other countries over its carbon emissions tax. The planemaker and airlines including British Airways, Lufthansa and Air France-KLM want European leaders to get involved [...]
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According to Airbus the global airline industry will spend $3.5 trillion on new aircraft up until 2030. Chief executive Tim Enders said that much of this demand will come from Asia. He added that over the next two decades 27,800 new aircraft with more than 100 seats will be needed by carriers and that around [...]