Aviation

First A320neo Delivery Opens New era in Commercial Aviation

  The Lufthansa Group, Airbus’ largest airline customer and operator, marks a major step in aviation history by taking delivery of the first A320neo, the world’s best-selling and most fuel efficient single aisle aircraft.   Equipped with all new technology Pratt & Whitney PurePower® Geared Turbofan™ engines, the A320neo sets a new, even higher standard […]

Aviation

Delta Air Lines Posts $1.45b Profit in 2015

  Delta Air Lines has reported financial results for the December 2015 quarter, including adjusted pre-tax income of $1.45 billion, a $430 million increase year over year. Adjusted net income was $926 million or $1.18 per diluted share, up 51 percent from the December quarter of 2014.   Delta’s chief Executive Officer, Richard Anderson in […]

Aviation

Ukraine to Review Cyber Security after Airport Targeted

Ukrainian authorities said it would review the security of government computer systems, including at airports and train stations, after a cyber attack on Kiev’s main airport was launched from a server in Russia. Reuters reported that malware similar to that which attacked three Ukrainian power firms in late December was detected last week in a […]

Maintenance

Airlines May Enjoy Cheap Fuel Till End of 2016

Airlines can look forward to continuing low oil prices for at least this year, helping to boost profits and drive demand for travel, but need to be wary of a swift rebound and focus on staff costs, the Airline Economics conference heard, Reuters reports. Low oil brings non-fuel costs at airlines into the spotlight, and […]

Maintenance

Aero Financial Crisis Deepens

  Management crisis at the Aero Contractors, one of the oldest Nigerian carriers is yet to abate as labour unions in the aviation sector staged another protest on Monday, insisting that Asset Management Company of Nigeria (AMCON) which is now managing the airline must safe it from going under.   The unions predicted that the […]