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aviation

Lufthansa $14b order a split

Deutsche Lufthansa will split an order for about 50 wide-body aircraft between Airbus and Boeing, a purchase with a list value of at least $14 billion, people with knowledge of the matter said.

aviation

aviation

Pakistan to privatise PIA

Pakistan’s new Prime Minister Nawaz Sharif’s government has decided to initiate privatisation of the Pakistan International Airlines (PIA) by putting up 26 per cent of the national flag carrier’s shares for sale and extending operational authority to the buyer to run the airline.

aviation

aviation

UAE air traffic movements jump 8.7%

The UAE General Civil Aviation Authority, or GCAA, has announced that air traffic movements in the UAE grew at a rate of 8.7 per cent in August compared to the same month last year, with total air traffic movements in the month at 65,176.

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