Seattle-based air-framer Boeing has been hit with fresh woes as the Federal Aviation Administration (FAA) has issued an airworthiness directive requiring modifications to the tires and wheels on its Boeing 787-8 Dreamliner and Boeing 787-9 Dreamliner models. The directive states that the tires and wheels “could be susceptible to damage” [read more]
Budget airline Ryanair (FR/RYR) has reported a 29% drop in profits for the 2018/19 full financial year with an after tax profit of €1.02bn. Ryanair says that the drop in profits is partly down to rising fuel costs and falling fares, the average Ryanair fare fell by 6% to around [read more]
Boeing CEO, Dennis A. Muilenburg, has released a video statement saying he was “sorry for the deaths” following two fatal Boeing 737 Max accidents that have been linked to Boeing’s MCAS system. The statement came after the preliminary report into the crash of Ethiopian Airlines Flight ET302 in March which [read more]
Boeing was set to unveil its latest airliner, the Boeing 777X to a hail of fanfare and publicity yesterdat but the recent events regarding the Boeing 737 Max led to the company scaling back the event. They did, however, continue with the reveal of the aircraft, and what an amazing [read more]
Low-cost airline Norwegian Air Shuttle has reported 3rd quarter profits of 1.3bn NOK (£121m GBP), an 18% increase on the same period last year. As the company has been able to reduce its operating unit cost by 10% it was able to post Earnings Before Tax (EBT) result was a [read more]
Low-cost, long-haul specialist Norwegian.com has been unveiled as the most fuel efficient transatlantic airline, for the second year in a row. The white paper that was released today by the International Council on Clean Transportation (ICCT) analysed the fuel efficiency of the 20 leading airlines on routes between Europe and [read more]
As trade week comes to an end and the displays turn to public eyes we look at back the highs and the lows, the winners and the losers of the Farnborough International Airshow 2018. The week began with Qatar Airways stealing the show sending no less than 6 aircraft. The [read more]
Brazilian airframes Embraer has secured a raft of orders on day two of the Farnborough Airshow. Embraer was showing off the latest variation of their regional jet, the E2 versions of the E-Jet range at the show in a specially liveried shark airliner which put on a stunning display over [read more]
Rival airframers Boeing and Airbus have both secured deals on day 1 of the Farnborough International Airshow. For Seattle-based Boeing, day one included an order from Qatar Airways for five Boeing 777 Freighters worth around $1.7bn at list prices. This was backed up with an order for 30 Boeing 737 [read more]
Norwegian has been recognised as Europe’s Leading Low-Cost Carrier for the 4th year in a row at the 25th World Travel Awards. Established in 1993, the World Travel Awards acknowledge, celebrate and reward excellence across the travel industry. Norwegian has been carrying an aggressive growth strategy across Europe and in the [read more]
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