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In USA will remain one low-cost airline company

22

Aug 2022

In USA will remain one low-cost airline company

As result of the JetBlue and Spirit Airlines transaction airline company Frontier remained alone. American hybrid airline company JetBlue Airways achieved success in conclusion of transaction on acquisition of ultra-low-cost airline company Spirit Airlines for 3.58 billion USD. As result of mergence if it will be approved by American regulatory authorities will appear fifth biggest air carrier in USA that will make 1.7 thousand flights…

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American JetBlue will acquire Spirit Airlines for $3.8 billion

20

Aug 2022

American JetBlue will acquire Spirit Airlines for $3.8 billion

As result the fifth biggest air carrier of USA will be created. American airline company JetBlue Airways Corp signed agreement for Spirit Airlines Inc. acquisition for $3.8 billion. Spirit Airlines stockholders will receive $33.5 for stock, common release of the carriers says. Parties expect transaction completion not later than first half of the year of 2024. Agreement is subject to approval by regulatory authorities. In…

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Boeing of contention. USA ask Argentine to arrest Iranian Boeing 747-300M that was passed to Venezuela in violation of American export control norms

17

Aug 2022

Boeing of contention. USA ask Argentine to arrest Iranian Boeing 747-300M that was passed to Venezuela in violation of American export control norms

U.S. Department of Justice and U.S. Department of Commerce insist on it. USA asked Argentine authorities to arrest transport airplane Boeing 747-300M that, according to their data, was passed by Iranian airline company to Venezuelan colleagues in violation of American export control norms. According to investigation file, the airplane that belonged to Iranian Mahan Air passed under the control of Venezuelan EMTRASUR that, in turn…

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Airline company Etihad Airways received record profit in amount of $296 million for the first half of 2022

15

Aug 2022

Airline company Etihad Airways received record profit in amount of $296 million for the first half of 2022

Airline company from United Arab Emirates (UAE) Etihad Airways announced that its profit for the first half of 2022 made record $296 million, informs local agency BAM with the reference to company’s data. According to the data of the agency income of the air carrier for the first six months increased by three times and reached $1.25 billion while in 2021 this index was almost…

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Airbus cancelled delivery of 21 airplanes A350-1000 for Qatar Airways against judicial proceeding because of improper quality of already delivered A350

13

Aug 2022

Airbus cancelled delivery of 21 airplanes A350-1000 for Qatar Airways against judicial proceeding because of improper quality of already delivered A350

Defects of composite covering of A350 body in fact looks worryingly but Airbus considers that they are not structural and do not influence flying safety. European aviation company Airbus cancelled all deliveries of passenger airplanes A350 scheduled under the contract for airline company Qatar Airways. This was informed by Reuters agency with the reference to the sources. No official comments from Airbus followed. European aviation…

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International Airlines Group reduced net loss in the first half of year, income increased by 4.2 times

10

Aug 2022

International Airlines Group reduced net loss in the first half of year, income increased by 4.2 times

Third biggest Airlines Group in Europe International Consolidated Airlines Group (IAG) part of which make British Airways and Iberia in the first half of year 2022 reduced net loss against income growth, however informed that it expects increase of net debt to the end of the year. As company’s press release informs net loss made 654 million euro against 2.05 billion euro in 2021. Before…

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Airline company Air Sphinx is staffing up and getting ready to the flights

08

Aug 2022

Airline company Air Sphinx is staffing up and getting ready to the flights

When to expect first flights of Air Sphinx? Egypt low-cost airline company Air Sphinx that is being created on the base of Egypt Air is already on “high preparation stage” to the beginning of the first flight program. This was told by minister of of Civil Aviation of Egypt Muhammad Manar Enabah. According to his words first flights Air sphinx start in October of the…

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Chinese authorities issued certificate for AC352 helicopter engineered together with Airbus

06

Aug 2022

Chinese authorities issued certificate for AC352 helicopter engineered together with Airbus

China certified multi-purpose helicopter AC352 engineered by AVIC together with Airbus informed state mass media on Tuesday, July 26th. Reuters writes. Certification ceremony took place on Tuesday in Harbin, CCTV informs. Engineered by Chinese aviation industry corporation (AVIC) and Airbus, AC352 represents local analogue of Airbus H175 that is operated from 2015 outside China and is intended for performing search and rescue operations, first aid…

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LCI signed agreement for delivery of six helicopters H175 from Airbus

03

Aug 2022

LCI signed agreement for delivery of six helicopters H175 from Airbus

LCI, leading lease aviation company and subsidiary company Libra Group announced order of six extra-medium helicopters H175 from Airbus for the amount of more than 125 million USD. Order includes two confirmed helicopters and the first H175 should be delivered to LCI at the end of 2023. Agreement specifies additional option for 4 machines and is based on previous LCI order for new H175. Jaspal…

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Quarter income of Boeing reduced by 2%

01

Aug 2022

Quarter income of Boeing reduced by 2%

Net profit of Boeing company in April-June reduced more than by 82% to $160 million or $0.32 per stock as compared to $567 million or $1 per stock one-year earlier Boeing press-release says. Adjusted loss in the second quarter made $0.37 per stock while experts interrogated by FactSet in average forecasted loss in amount of $0.13 per stock. Quarter income of Boeing company reduced by…

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