Iconic mega aeroplane, a Boeing 747, gets ready for its last take-off
The earliest and probably most aesthetically pleasing Jumbo Jet, the Boeing (BA.N) 747, revolutionised aviation only to have its more over five-decade tenure as Queen of the Skies ended with more productive twinjet aircraft.53 years after the 747’s instantaneously identifiable humped silhouette captured the world’s eye as a Pan Am passenger jet, the final commercial […]
Normalcy wished to revert to airlines after FFA blackout
After the Federal Aviation Administration (FAA) ordered a nationwide ground stop due to a computer glitch that required a 90-minute pause to all U.S. departing aircraft, the aviation industry in the United States was struggling to get back to normal on Wednesday.According to FlightAware, more than 10,000 planes have been postponed or cancelled thus far, […]
Southwest blocks thousands plus flights; the US govt. to look into it
The U.S. government criticised Southwest Airlines (LUV.N) on Tuesday after the low-cost carrier cancelled thousands of aircraft and its CEO, Bob Jordan, said the company needed to improve its legacy aviation systems.Prior to the Christmas break weekend, a powerful winter storm forced American airlines to postpone thousands of flights, but Southwest’s problems have gotten worse […]
Air France KLM ready to move
Air France-KLM has gained shareholder approval for its proposed capital increase. French financial newspaper Les Echos reported that it is ready to move swiftly. The airline had announced that it plans to raise up to 4 billion euros. Because, it seeks to repay state pandemic handouts, but neither terms nor timing were disclosed. The recapitalisation […]
Whitbread’s Cadbury as new finance chief by British airway’s owner
British Airways owner IAG said that its finance chief, Steve Gunning, would step down after the airline’s 2021 results. Also, they named Premier Inn hotel operator Whitbread’s Nicholas Cadbury as his successor. Gunning, a company veteran, became IAG’s chief financial officer (CFO) in 2019. He leaves IAG at a time when airline operators have just begun to […]
Private jets to fly higher in the year 2021
Being a pioneer in the private jet industry for more than 30 years now, Private Jet Charter has seen many trends emerge especially after the pandemic struck, and a lot changed in the aviation industry too. Commercial air travels plummeted during the pandemic, as the airlines slashed their schedules and lowered their routes and it […]
Artificial intelligence to take on the Aviation industry too
It is nothing new but we know that the year 2020 has brought challenges to all the industries. But few have been massively hit by this Covid pandemic, and one such is Air travel. All across the world, flights have been grounded as the international airports are closed and there are travel bans being introduced […]