Back in 2007 when I wrote about the US subprime crisis and the affect it will have on aviation, I based the findings that we were all in for trouble on the fact that banks could not sustain lending. N...
These are dark days indeed for engine manufacturer CFM, not because things are going wrong in the here and now but because the future outlook seems jaded at best. CFM has stated that the Leap X engine...
Irish Transport, Tourism & Sport Minister Leo Varadkar has opened discussions with airlines over abolishing the €3 travel tax, as part of a deal for airlines to re-open airline routes and bring touris...
A notice of proposed rulemaking (NPR) from joint US regulators including the Federal Reserve and the Federal Deposit Insurance Corporation has proposed new margin requirements for swap dealers and end...
“The heart beat of an airline CEO increases and decreases with the price of fuel,” says Tewolde Gebremariam the CEO of Ethiopian Airlines in an interview in the next issue of Airline Economics. “The f...
Airbus has warned that the unrest in the Middle East and North Africa could result in the loss of 60 orders in 2011 – that’s 40% of the total expected from the region. Habib Fekih, Airbus’s president ...
The cost of jet fuel has surged 35% since the start of the year to close at $141 a barrel last week. The price of crude oil rose above $113 for the first time in 30 months due to the continuing unrest...
Laurence Barron, president of Airbus China, has made frank comments to the press regarding the A380, giving us further insight into how things are going for the A380’s possibilities in China. Barron s...
A consortium of 13 lenders has taken a 23.37% stake in Kingfisher Airlines as part of a debt restructuring deal. The consortium includes State Bank of India, ICICI Bank, IDBI Bank, Bank of Baroda and ...
Short-sighted and downright stupid union leaders are threatening to wage a campaign of intercontinental “guerilla warfare” against Qantas operations around the world if the airline replaces union labo...
Luckily for owners and operators across the globe, the aviation insurance market remains burdened with overcapacity that is keeping rates far lower than they should be. Premiums are hardening and will...
We always worry when there is a rush of similar mishaps with aircraft and we are at this time witnessing far too many occurrences of metal fatigue failures in many aircraft types including the older 7...
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