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Airline companies started to go bankrupt: third biggest low-cost company announced breakdown. Part 2

08

Dec 2020

Airline companies started to go bankrupt: third biggest low-cost company announced breakdown. Part 2

Quarterly operating loss of the airline company made 2,8 billion krone (310 million dollars), while monetary funds and their equivalents reduced to 3,4 million krone (376 million dollars) at the end of September. At the same time the carrier warned that they will need additional monetary funds to continue work in the first quarter of the next year and after. In May low cost airline…

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Airline companies started to go bankrupt: third biggest low-cost company announced breakdown. Part 1

06

Dec 2020

Airline companies started to go bankrupt: third biggest low-cost company announced breakdown. Part 1

Assignment in bankruptcy filed the biggest Norwegian low cost airline company, the third in passenger flow in Europe among low cost companies and the main transatlantic carrier between Old and New World in low cost tariffs. This is about airline company Norwegian Air. According to CNN airline company is still trying to find relief from creditors, restructure business and survive. As the carrier’s declaration says…

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Half-year passenger flow of Ryanair fell by 80%

02

Dec 2020

Half-year passenger flow of Ryanair fell by 80%

Irish airline low cost company Ryanair Holdings got net loss in the second quarter 2020 of the financial year due to fall of passenger flow in the terms of pandemic. Carrier is waiting for loss increase in the second fiscal half year. For three months that finished on September 30th net loss of Ryanair made 222,5 million euro against profit in amount of 910,2 million…

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The biggest airline companies change boarding rules

30

Nov 2020

The biggest airline companies change boarding rules

Several biggest world airline companies changed boarding rules announcing issue of electronic passes for passengers that will certify lack of coronavirus – Financial Times informs. According to the edition in the project that is directed to increase number of travels will participate such airline companies as United Airlines, Lufthansa, Virgin Atlantic, Swiss Airlines and JetBlue Airways. According to the project’s concept from December passengers after…

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In January Europe will remove prohibition on Boeing 737 MAX flights

28

Nov 2020

In January Europe will remove prohibition on Boeing 737 MAX flights

Europe is going to remove ban on the flights of Boeing 737 MAX airplane in the Old World after USA regulatory authorities cancelled 20-months ban for operation of this airplane in USA. 737 MAX is updated version of turbo-jet passenger airplane Boeing introduced into service in 1960’s. In United States commercial flights of the airplane should resume on December 29th. Patrick Ky, the Executive Director…

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Embraer began to engineer light hybrid cargo aircraft

25

Nov 2020

Embraer began to engineer light hybrid cargo aircraft

As Flightglobal writes it will have to replace in the military forces outdated cargo airplanes EMB-110 Bandeirante and EMB-120 Brasilia. The project of the cargo airplane got the name STOUT (Short Take Off Utility Transport). In December 2019 Air Force of Brazil and Embraer signed agreement about mutual understanding on the base of which can be signed contract on engineering light hybrid cargo airplane. Brazilian…

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Emirates SkyCargo opens “mini-cargo” charter flights on the airplanes Airbus A380. Part 2

23

Nov 2020

Emirates SkyCargo opens “mini-cargo” charter flights on the airplanes Airbus A380. Part 2

Cargo division of Emirates offered wide choice of cargo capacities and directions to meet requirements of the customers the most. Emirates SkyCargo makes special cargo flights on the airplanes Boeing 777-F and Boeing 777-300ER including 14 re-equipped airplanes 777-300ER with removed seats in the economy class cabin to provide additional capacity. Thanks to own operational efficiency and flexibility airline company provides transportation of vitally important…

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Emirates SkyCargo opens “mini-cargo” charter flights on the airplanes Airbus A380. Part 1

21

Nov 2020

Emirates SkyCargo opens “mini-cargo” charter flights on the airplanes Airbus A380. Part 1

Emirates SkyCargo began operation of its airplanes Airbus A380 on some charter cargo routes for transportation of urgent cargos on its route network. First special “mini-cargo” airplane Emirates A380 has successfully transported items of medical purpose between Seoul and Amsterdam through Dubai. Closely cooperating with the groups of technical service and Emirates flight control, cargo division of the airline company optimized cargo capacity on Airbus…

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Boeing published surprisingly optimistic forecasts for demand on their airplanes in China. Part 2

18

Nov 2020

Boeing published surprisingly optimistic forecasts for demand on their airplanes in China. Part 2

China that is the second biggest economy in the world as the only big world state that avoided economic recession this year. Country managed to recover economy quite quickly thanks to number of measures including strict isolation and politics of tracing population and also state funds for increasing consumer spending and expenses for infrastructure. According to forecasts of the World Bank, gross domestic products of…

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Boeing published surprisingly optimistic forecasts for demand on their airplanes in China. Part 1

16

Nov 2020

Boeing published surprisingly optimistic forecasts for demand on their airplanes in China. Part 1

Global demand for new airplanes, apparently will reduce for decades due to COVID-19 pandemic. Nevertheless, Boeing has recently increased own industry forecast of selling aircrafts in China for the next 20 years and it is higher than it was during pandemic. At present moment Boeing expects that during next 20 years’ total volume of airplanes’ sale to China will make 8600 new airplanes for amount…

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