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Indian national airline company Air India was sold for 2.4 billion USD

18

Oct 2021

Indian national airline company Air India was sold for 2.4 billion USD

Indian government on Friday, October 8th, announced sale of the airline company Air India to the Indian transnational company Tata Group – the biggest manufacturing conglomerate of the country that acted through subsidiary company Talace Pvt. As “Times of India” newspaper informs the transaction amount made 180 billion rupee (more than 2.4 billion USD). The next step will be signing protocol of intentions and agreement…

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European airline companies will return money in case of flight cancellation during 7 days. Part 2

16

Oct 2021

European airline companies will return money in case of flight cancellation during 7 days. Part 2

For the not-used voucher can be requested refund. According to the data of European Commission major part of the companies who participated in the agreement agreed that not-used vouchers from passengers that have been issued on the early stages of the pandemic can be refunded if passenger wants it. Besides, passengers who booked flight through an agent and experience difficulties in getting refund can address…

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European airline companies will return money in case of flight cancellation during 7 days. Part 1

13

Oct 2021

European airline companies will return money in case of flight cancellation during 7 days. Part 1

Which airline companies will return money for tickets in timely manner? On the first stage of the pandemic when almost all flights were cancelling and the borders were closing, European airline companies refused to return money to passengers for the flights that haven’t took place offering as compensation vouchers. Such policy of the carriers infringed European Union rules On Protection of Consumers’ Right. In February…

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American airline company invests 354 million USD in Lithuanian Avia Solutions Group

11

Oct 2021

American airline company invests 354 million USD in Lithuanian Avia Solutions Group

Investments will allow ASG to the next phase of development. Lithuanian multi-business aviation holding Avia Solutions Group (ASG) signed strategic partnership with American investment company Certares Management that will provide refilling of the shared capital for total amount of 354 million USD. Several company employees will be included into ASG board of directors. Certares company specializes in the tourism, travels and hospitality. In such a…

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To 2040 Boeing plans to sell to China 8.7 thousand airplanes

09

Oct 2021

To 2040 Boeing plans to sell to China 8.7 thousand airplanes

Their cost will make 1.47 trillion USD. American aviation company Boeing to 2040 plans to sell to Chinese airline companies 8.7 thousand airplanes with total cost of 1.47 trillion USD – the press release published on the company’s web-site says. According to the forecasts of the corporation in the nearest 20 years PRC will have to increase number of employees in the area of air…

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Airbus started to assemble first prototype of “eco wing” of tomorrow

06

Oct 2021

Airbus started to assemble first prototype of “eco wing” of tomorrow

Large-scale program of theoretical and practical researches “Wing of Tomorrow” realized by Airbus company reached significant progress: first full-size prototype of the new wing was assembled; Press Service of the company informs. In the framework of the program “Wing of Tomorrow” are tested the newest composite materials, constructions and techniques of wings’ production and other aerodynamic surfaces and also is being made improvement of technological…

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Experimental projects of Embraer will help to create aviation of future. Part 2

04

Oct 2021

Experimental projects of Embraer will help to create aviation of future. Part 2

Embraer supports continuing program of technological development directed to increasing efficiency of the airplane, reduction of fuel consumption and greenhouse gas emissions. Data received as result of the tests of demonstrator-airplane allows company to develop innovative products and move to the sustainable ecological future. Among these projects, in particular, is electric flying machine of vertical take-off and landing eVTOL (Electric Vertical Landing and Take-Off aircraft)…

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Experimental projects of Embraer will help to create aviation of future. Part 1

02

Oct 2021

Experimental projects of Embraer will help to create aviation of future. Part 1

Company develops innovative projects and moves towards sustainable ecological future. Brazilian company Embraer in August got down to flight tests of fully electric airplane – technological demonstrator. During first flights are checked power and efficiency of the new power unit, its control and temperature behavior and also, definitely, safety in operation of the new system. The aim of the tests is to demonstrate and confirm…

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In Greece charter airline company failed to cope with economic difficulties. About 200 employees of the air carrier will lose their jobs

29

Sep 2021

In Greece charter airline company failed to cope with economic difficulties. About 200 employees of the air carrier will lose their jobs

Airline company Orange2Fly applied for bankruptcy. According to the information from official web-site of the carrier, ban on changing the legal status of their property was issued by the court Athens back in October 20th, 2020. The company has fleet of four airplanes Airbus A320 on which encumbrance is imposed. Orange2Fly dealt with charter flights since 2015. On the web-site of airline company is told…

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American airline company stimulates vaccinated employees and penalizes employees who refuse to be vaccinated

27

Sep 2021

American airline company stimulates vaccinated employees and penalizes employees who refuse to be vaccinated

American Alaska Air Group has formed new corporate policy regarding vaccination of the employees against COVID-19. Company doesn’t make vaccination obligatory requirement to continue professional activity but will stimulate employees who got vaccination and will apply penalty measures to those who refused to be vaccinated and new employees should be vaccinated. As to beginning of September about 75% of employees of Alaska Air Group (includes…

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