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1998 Eurocopter EC135T1 30th July 2010
Newswatch 2010 Issue 29 out now!
Newswatch 30th July 2010
Tajik Air on brink of financial ruin
News Update 30th July 2010
State airline Tajik Air is pleading poverty, saying it can not afford fuel, airport services or navigators.
Lufthansa Technik expands in Bulgaria
News Update 29th July 2010
Lufthansa Technik Sofia, a joint venture between Germany’s Lufthansa Technik and the Bulgarian Aviation Group, announced it will invest in the construction of new facilities for aircraft overhaul and maintenance near Sofia Airport.
THAI to make 'bulk' purchases
News Update 29th July 2010
Thai Airways International (THAI) plans to acquire new aircraft in bulk in the future as it rejuvenates its ageing fleet.
Air Berlin to link up with Fort Worth-based American Airlines, Oneworld alliance
News Update 28th July 2010
Low-cost carrier Air Berlin PLC, the second-largest carrier in Germany and fifth-largest in Europe in passengers carried, is linking up with American Airlines Inc. and the Oneworld alliance, the carriers announced Tuesday.
China Eastern in JV deal with Yunnan gov't
News Update 28th July 2010
China Eastern Airlines Corp, the nation's third largest air carrier, announced Tuesday it will set up a 3.66-billion-yuan ($540.3 million) joint venture airline company in southwest China's Yunnan province in collaboration with the local government.
IBA sees clear signs of continued aviation market recovery following the Farnborough Airshow 2010.
Press Release 27th July 2010
Leading aviation consultancy group, IBA, has cause for optimism following this year’s Farnborough Airshow. “Order activity at this year’s event vastly exceeded those placed in Paris last year, illustrating the confidence that is slowly returning to the industry” notes David Rushe, Commercial Analyst for IBA. “At list prices, the airframe manufacturers racked up almost US$29 billion worth of orders. The orders were dominated by leasing companies who seem again to be dealing directly with manufacturers rather than relying on sale and leaseback deals with operators.”
SIA beats forecasts to post Q1 profit of $253m
News Update 27th July 2010
Singapore Airlines, the world's second-largest airline by market capitalisation, posted a better-than-expected first-quarter profit as a recovery in air travel and cargo volume gathered pace.
New Boeing 787 Dreamliners to be tested in Yuma
News Update 27th July 2010
Seeing planes flying in the skies above Yuma is not unusual. But, according to officials at the Yuma International Airport, Yumans will be seeing the new Boeing 787 Dreamliner for the next few months.
No need for job cuts in Air India: Govt
News Update 26th July 2010
The government will consider putting more capital into state-run Air India if the national carrier improves its operational performance, Civil Aviation Minister Praful Patel said on Sunday.
Budget Airlines Ready to Expand to Georgia
News Update 26th July 2010
Negotiations are underway with Ryanair and other low cost airlines. Europe’s budget airlines easyJet and Wizz Air say they are interested in expanding business to Georgia, adding new routes to the Black Sea destination. This could help passengers from Europe fly to Georgia for as little as 50 EUR. Low cost airplanes should attract more European tourists also.
Newswatch 2010 Issue 28 out now!
Newswatch 23rd July 2010
Virgin America buys 40 Airbus A320s
News Update 23rd July 2010
Virgin America, the upstart San Francisco-based airline backed in part by Britain’s Sir Richard Branson, announced a major expansion of its fleet Thursday.
Qatar airways buys two more planes
News Update 22nd July 2010
Qatar Airways has placed a $501 million (Dh1, 840.17 million) order with Boeing to buy two additional Boeing 777-200 Long Range (LR) aircraft, as part of its continued growth plans.
RBS confirms faith in aircraft leasing arm with £5bn order
News Update 22nd July 2010
Royal Bank of Scotland took a break from its huge disposal programme on Wednesday to confirm it had placed a £5 billion order for 95 passenger aircraft for its aviation leasing unit.
Kartika buys 30 Sukhoi SuperJets
News Update 21st July 2010
Indonesian domestic carrier PT Kartika Airlines has agreed to order 30 Sukhoi SuperJet 100 airplanes in a contract estimated to reach US$951 million.
Etihad, GE Aviation ink $4.3 billion deals
News Update 21st July 2010
Etihad Airways has finalised the purchase of 78 GEnx-1B engines to power its 35 Boeing 787 Dreamliner aircraft at a list price of $1.8 billion, and signed a $2.5 billion 15-year agreement with GE Aviation for the maintenance of these engines, at the Farnborough Airshow in England.
IBA expands Asset Management team due to business growth
Press Release 20th July 2010
Three new experienced technical and maintenance planning managers join IBA to increase the depth of resource at the highest international calibre in this expanding business division.
Show is boon for Boeing
News Update 20th July 2010
Pent-up demand for airliners put nearly $24 billion in new orders in the hands of rival aircraft builders The Boeing Co. and Airbus on Monday at the Farnborough Air Show in Hampshire, England.
Delta kicks off airlines earnings season
News Update 20th July 2010
On Monday, Delta Air Lines Inc. reported what was probably the best second quarter in its history. In thanks, investors pushed its stock price down nearly 3 percent.
Boeing's Dreamliner completes first flight outside United States
News Update 19th July 2010
Boeing's 787 Dreamliner jet, whose delivery to clients faces fresh delays, landed in the UK yesterday after its first flight outside of the US ahead of the Farnborough International Airshow.
ALAFCO posts USD 27.1 mln in 9-month profits
News Update 19th July 2010
ALAFCO Aviation Lease and Finance Company has reported net profits of KD 7.8 million (USD 27.1 million) for the nine months of its current fiscal year that ended on June 30, 2010.
Ryanair's knuckles rapped by ASA
News Update 15th July 2010
The Advertising Standards Authority has upheld one out of four complaints made by easyJet against rival Ryanair’s promotion of cheap flights.
Airbus and Boeing battle for orders at Farnborough
News Update 15th July 2010
European aircraft manufacturer Airbus and its American competitor Boeing will renew their rivalry when they go head to head at the world’s largest air show at Farnborough next week.
Oneworld alliance to go trans-Atlantic with new tie-up
News Update 15th July 2010
European regulators paved the way today for a trans-Atlantic alliance between British Airways, American Airlines and Iberia after the companies committed to competition safeguards.
Qantas to accelerate delivery of 787s
News Update 14th July 2010
Qantas will take delivery of its first batch of new Boeing 787 aircraft two years earlier than planned, helping it to frustrate a growing challenge from Virgin Blue and Tiger Airways in the domestic market.
Putin urges Aeroflot to buy more Russian-made planes
News Update 12th July 2010
Russian Prime Minister Vladimir Putin has demanded that one of Russia's biggest airlines, Aeroflot, should buy more domestically-built planes.
Boeing Dreamliner To Debut At Farnborough
News Update 12th July 2010
Boeing's 787 Dreamliner will make its international debut this month at the Farnborough International Airshow 2010 outside London.
Swiss solar-powered plane makes aviation history
News Update 9th July 2010
A Swiss solar-powered plane has made aviation history by flying non-stop solely on solar energy for more than 26 hours, including through the night.



