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Iran airlines need 500 planes, official mulls Sukhoi

Posted By Tony Sanchez / Airlines / 0 Comments

December 12, 2018 Iran needs some 500 planes and would likely back buying the Sukhoi Superjet 100 if Russia is willing to sell them to its airlines, Iranian news agencies reported the country’s top civil aviation official as saying on Wednesday. Iran needs to upgrade its ageing passenger fleet and is seeking to avert U.S. […]

FedEx Express CEO David Cunningham to retire

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December 11, 2018 David Cunningham will retire from his role of president and CEO of FedEx Express on 31 December, to be succeeded Raj Subramaniam. Cunningham started his FedEx career at the FedEx Express World Hub in Memphis, Tennessee in 1982, and has held numerous leadership positions across multiple regions. Roles have included chief operating […]

Etihad adds capacity in Spain with Barcelona flights

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December 11, 2018 Etihad Airways has launched passenger services to Barcelona, which will also provide cargo customers with greater access to the airline’s global network. The Barcelona – Abu Dhabi flights started on 28 November, and combined with daily Madrid services, offers more than 23,000 tonnes of cargo capacity in the Spanish market. In addition, […]

Volga-Dnepr opens operations base in Houston

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December 10, 2018 Volga-Dnepr Group has opened an Operations Base at Houston George Bush Intercontinental Airport to serve customers across North and South America. The base is an expansion of the group’s sales office, which opened in 2001, and will ensure customers will benefit from immediate local expertise and services to meet their logistics requirements. […]

Lufthansa Cargo invests in cargo.one

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December 5, 2018 Lufthansa Cargo is stepping up its cooperation with start-up cargo.one by acquiring a minority shareholding in the Berlin company. Cargo.one was founded in 2017 by Moritz Claussen, Oliver Neumann and Mike Rotgers, providing a platform for booking and marketing air cargo capacity. It focuses on offering dynamic spot rates and enabling their […]

South Africa Airways needs $540 million in working capital from next month

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November 27, 2018 South Africa’s cash-strapped state airline will need a total of 7.5 billion rand ($540 million) from next month to fund day-to-day operations into 2019, a presentation to a parliamentary committee by the airline showed on Tuesday. SAA, which has not generated a profit since 2011, survives on state guarantees and is regularly […]

Lufthansa CEO still sees too many airlines in Europe

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November 27, 2018 The chief executive of Germany’s Lufthansa said there are still too many airlines in Europe and he expects the company to be involved in more consolidation in the industry that will eventually leave three global carriers in the continent. “There are way too many players in Europe,” Carsten Spohr told a meeting […]

Turkish Cargo orders three more B777 Freighters

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November 27, 2018 Turkish Cargo has ordered three more Boeing 777 Freighters as it continues to soar with record financial results and growth. The 777 Freighter, which is based on the 777-200LR, can fly 4,900 nautical miles with a payload of 102 tonnes, meaning fewer stops and landing fees, less congestion at transfer hubs, lower […]

Flybe in talks with Virgin Atlantic for possible sale

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November 23, 2018 Flybe Group Plc  is in talks for a possible sale to Virgin Atlantic Airways Ltd, the British regional airline said on Friday, as it grapples with falling demand, higher fuel costs and a weak British pound. Flybe said earlier this month it was in talks with potential buyers, but added it was […]

Ethiopian Airlines steps up hunt for African connections

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November 23, 2018 Ethiopian Airlines is accelerating its strategy of weaving a patchwork of new African routes to soak up traffic on the continent and fly customers towards its more lucrative flights to rapidly expanding Asian markets. With a long-delayed African “open skies” revolution still mired in red tape, Ethiopian has been snapping up stakes […]