We are pleased to send you herewith the May report of the Airlines Financial Monitor Key points: Global airline share prices fell by 3.0% in May, and have now fallen by nearly 11% since the start of the year; However, the latest financial results continue to indicate a robust Q1 2016 for industry profitability; Brent […]
The Honourable Minister of State for Aviation, Senator Hadi Sirika has pledged his commitment to work closely with Airline Operators of Nigeria (AON) and has taken bold steps to address the challenges being faced by domestic airlines in the country. Sirika made the commitment when he metwith members of AON on Monday June 6, 2016 […]
Airbus sold 83 aircraft in May, narrowing Boeing’s lead in the race for orders after a slow start to the year. New business included 60 new-generation narrow-body jets to at least one customer whose name was not disclosed, bringing the total number of aircraft ordered so far this year to 200. After adjusting for cancellations, […]
An EgyptAir plane en route from Cairo to Beijing was forced to make an emergency landing in Uzbekistan on Wednesday after receiving a security threat that the airline said turned out to be a hoax. All 118 passengers and 17 crew members on board the plane were evacuated in Urgench, western Uzbekistan, after the threat […]
IBM has announced that it signed a $300 million, ten-year technology services agreement with Dubai’s Emirates Airline. IBM will provide information technology service s, allowing the airline to improve efficiency on its passenger support systems and functions, a statement from IBM said. Under the managed services agreement, this will include assistance in encrypting the airline’s […]
