Industry News

Emirates Group Achieves Record Profit

May 11, 2011 DUBAI - The Emirates Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion (US$ 1.6 billion) net profit, despite a challenging business climate. The 2010-11 Annual Report of the Emirates Group - comprising Emirates Airline, dnata and ... Read more

Strategic Airlines' A330-200

Apr 26, 2011 BRISBANE - AUSTRALIA'S newest passenger airline, Strategic Airlines, has signalled the most aggressive growth of its long-haul operations yet by applying for the rights to begin flights to the United States from September. The airline applied to the International Air Services Commission last week to begin services ... Read more

Avion Express Italia's first Airbus A320

Apr 13, 2011 SION, Switzerland - Avion Express introduced its first Airbus 320 passenger aircraft on its Air Operators Certificate.  The aircraft, with registration marks LY-VEX, was ferried on March 31st from Mirabel Airport in Montreal to Milano Malpensa Airport in Italy.  The last weeks it has ... Read more

SAS Boeing B737-400

Apr 11, 2011 OSLO - Scandinavian Airlines (SAS) is to phase out its older MD80 and Boeing 737 Classic (-400/-500) aircraft, replacing them with leased A320 and next-generation B737s. In a release the carrier said that it has signed an agreement to lease 5 new B737-800 aircraft from GECAS, as ... Read more

Qantas 737-400

Apr 04, 2011 SYDNEY - QANTAS is putting up for sale its 21-strong fleet of ageing Boeing 737-400 aircraft - known as the workhorse of the skies - as it cuts flights because of the uncertain outlook for travel demand. While the sale is a sign of the dire short-term outlook, ... Read more

One of six E-170s in use by Alitalia Express

Mar 23, 2011 ROME - Alitalia and Embraer have finalized an agreement for the Italian carrier to receive 15 Embraer 175s and five Embraer 190s through a lease structure to be arranged by third parties. In December, Alitalia dropped Russian planemaker Sukhoi for a possible $500 million regional jet order, ... Read more


Mar 17, 2011 FRANKFURT - Lufthansa’s Supervisory Board has approved the acquisition of 30 Airbus A320neo Family aircraft worth approximately US$2.8 billion. The order comprises 25 A320neo and five A321neo aircraft. With this latest selection the Lufthansa Group, Airbus’s biggest airline customer, will have acquired a combined ... Read more

Cathay Pacific Airways A330-300

Mar 09, 2011 HONG KONG - Cathay Pacific Airways has placed a firm order with Airbus for 15 more A330-300s. Scheduled for delivery from 2013, the aircraft will join the airline's existing A330 fleet flying on services across the Asia-Pacific region. As with the airline's existing A330 fleet, the newly ... Read more

Turkish Cargo first A330-200 Freighter

Mar 08, 2011 TOULOUSE - Turkish Airlines has signed a firm order for the purchase of ten Airbus A321s and three A330-200F freighter aircraft to meet their growth plans in the passenger and cargo markets. The airline has a further 27 aircraft on order with Airbus from contracts placed in 2009 and 2010.... Read more

Etihad 777 at Take-Off

Mar 06, 2011 ABU DHABI - Etihad Airways has bought more Boeing 777 jets and cancelled several orders for the US maker's 787 Dreamliner orders. The Abu Dhabi airline's decision is being seen as a strategic move to reduce its exposure to the delayed Dreamliner programme. The changes should help ... Read more

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