Main airline company of Finland Finnair and company Juneyao Air that is based in Shanghai entered collaborative business partnership on July 1st of the current year on the route Helsinki-Shanghai and beyond the bounds of this route, Finnair message published on Wednesday says. According to Finnair, Finnair customers will receive benefit better connection to the net of 57 destination points in China from Juneyao hub,…
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American airline company United Airlines Holdings announced acquisition of 270 narrow-body airplanes Boeing and Airbus counting on tourism recovery after coronavirus pandemic. It is the biggest order on the airplanes in company’s history and the biggest order from the part of particular air carrier for the last 10 years, MarketWatch writes. The order consists of 200 airplanes 737 MAX produced by Boeing Co., and also…
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The biggest European low-cost company during high season will receive less airplanes that it was planned. The biggest European low-cost carrier Ryanair made first flight on the airplane Boeing 737MAX: after two years of delays fleet of the operator received first two airplanes Boeing 737MAX-200. This version of MAX-8 (sometimes it is marked as B-737MAX-8200) with increased passenger capacity was created especially for ultra-low-cost companies….
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Airline company doesn’t cope with increased demand on air service in USA. Airline company American Airlines till the middle of July will cancel hundreds of its flights in USA due to problem it has encountered – informed The Hill newspaper with the reference to official representative of the company Stacy Dey. “First weeks of June characterized with unprecedent weather conditions for our biggest hubs that…
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Eurowings Discover that specializes on tourist traffic will begin flights in July. New company Eurowings Discover that enters Lufthansa group and specializes on tourist traffic received Air Operator Certificate (AOC). Carrier intends to operate fleet of 21 airplanes to the middle of the next year. 100% of Eurowings Discover stocks belong to Lufthansa, subsidiary company will make flights on short-haul, medium-haul and long-haul tourist routes…
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Incredible in this situation was not the fact that airline companies faced problems but that industry in principle hasn’t turned to bag and wallet. The wave of mass bankruptcy hasn’t taken place: major part of big companies in aviation industry continued to work. Of course, there were cases insolvency events. The most notable case was Colombian carrier Avianca (second biggest in Latin America) that continued…
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Giant losses are still ahead but carriers have means to survive. The biggest Middle East airline company Emirates suffered during the last year record loss of 5.5 billion USD. For the airline it wasn’t drama because the government of Dubai Emirates has pumped money into it immediately in amount of 3 billion USD to compensate losses. However, this rate is extra evidence that the full-blown…
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Quick demand recovery for air transport in USA and in other regions of the world allowed American aviation company Boeing to find Buyers of the airplanes that remained unsolicited during pandemic when Buyers refused orders or declared bankruptcy, The Wall Street Journal writes. According to the newspaper sources at present moment number of unsolicited airplanes Boeing MAX makes just about 10 units while in July…
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This dispute lasted since 2004 but due to growing Chinese aviation company Comac USA and Brussel agree to a truce. Tariff war because of illegal subsidy assistance cost both parties 11,5 billion USD. USA and European Union agreed to conclude tariff truce in the Boeing and Airbus dispute of many years that became one of the longest in the World Trade Organization history. Dispute between…
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Increase of bonus liabilities. According to ValuePengiun during accumulation but not use of premium miles this increase of liabilities by 11,6% means total increase by 2,9 billion USD that took place last year that is almost three times more than in the previous year. Southwest Rapid Rewards liabilities increased by 1,1 billion USD – this is more than in any of other analyzed companies. Customers…
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