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HuaweiEgypt Air aims to add about 60 more jets and will evaluate Boeing Co’s 787 Dreamliner and 777, plus the Airbus SAS A350 and even the A380 double-decker as it seeks to rejuvenate an aging fleet and spur tourist traffic.
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Airbus on Monday announced a $9.5 billion deal with Japan Airlines, its first jet order from the carrier that challenges rival Boeing’s dominance in the Japanese market as it struggles with the troubled Dreamliner.
Air France-KLM Group’s Air France unit will eliminate 1,826 ground staff jobs through voluntary employee departures as it put off a decision about pilots and cabin crew.
Airbus SAS surpassed its 1,000-order annual sales target with three months to spare, even as Deutsche Lufthansa AG scrapped contracts for three A380 superjumbos.
Montreal-based company estimates order for at least 70 aircraft
Etihad Airways won Indian government backing to invest in Jet Airways (India) Ltd, paving the way for the first share sale by a carrier in the Asian country to a foreign airline since restrictions were eased.
Etihad Airways’ pact to buy a stake in Jet Airways won approval from India’s cabinet, paving the way for the completion of the first share sale by a local carrier to a foreign airline after rules were amended.
Shares in India’s Jet Airways jumped on Friday after the government cleared the group to sell a 24-per cent stake to Etihad in the first such foreign deal since reforms last year.
Dubai International airport, which is being expanded to handle 90 million passengers a year, could be shut in coming decades to focus traffic on a new super-hub under construction with as much as twice that capacity.
Abu Dhabi International Airport last night welcomed the inaugural flight of Philippine Airlines arriving from Manila.