aviation industry

China increasing investment in the aviation sector

China has achieved comprehensive progress in the civil airport sector with a major move forward in building world-class airport clusters, said a senior civil aviation official Thursday. The sector has gained progress in construction scale, speed, investment and effect over the 13th Five-Year Plan period (2016-2020), said Dong Zhiyi, deputy head of the Civil Aviation … Continue reading China increasing investment in the aviation sector

aviation industry

United Airlines records huge financial losses

United Airlines' revenues plunged nearly 80 percent in the third quarter compared to last year's levels, but it signaled preparations for a potential rebound in air travel in its earnings report Wednesday. The Chicago-based carrier reported a loss of $1.8 billion on revenues of $2.5 billion, a drop of 78 percent from last year amid … Continue reading United Airlines records huge financial losses

Malaysian airlines in serious financial trouble

Malaysia Airlines is making plans to shut down if lessors do not accept its restructuring bid. The deadline for accepting the restructuring plan is Sunday, which means we could know the fate of the airline soon. The airline’s sole owner has also said it will no longer fund the struggling airline if the plan does … Continue reading Malaysian airlines in serious financial trouble

aviation industry

Expect new airplane cabins the next time you fly

Headrest canopies and fabric barriers between seats could start appearing in airplane cabins as the embattled industry tries to ward off the coronavirus. Airlines desperate for governments to lift travel restrictions and passengers to return are looking at ways to reassure the public that their health won’t be compromised on a flight. New-look seats and … Continue reading Expect new airplane cabins the next time you fly

FAAN: Recurring monthly losses, a sign of an uncertain future after COVID-19

The Federal Airports Authority of Nigeria (FAAN) said it lost N17.5billion of aeronautic charges in 23 weeks and incurred N1.4 billion loss of non-aeronautical charges between April and June, 2020. Its Managing Director, Capt. Hamisu Yadudu, who disclosed this in a virtual interaction said the agency’s Internally Generated Revenue (IGR) dipped by over 90 per … Continue reading FAAN: Recurring monthly losses, a sign of an uncertain future after COVID-19

NCAA: Incoming international flights won’t carry more than 200 passengers

As Nigeria commences partial resumption of international flights, the Nigerian Civil Aviation Authority (NCAA) has said that incoming flights are only permitted to carry a maximum of 200 passengers. This was disclosed in a memo signed by Musa Nuhu, Director-General/CEO of NCAA, on Friday. Nuhu, however, confirmed that there was no limit on the number … Continue reading NCAA: Incoming international flights won’t carry more than 200 passengers

IATA: Air travel won’t recover until 2024

Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 – a year longer than previously expected – for passenger traffic to return to pre-crisis levels. In an update on the pandemic's crippling impact on air travel, the International Air Transport Association (IATA) cited slow virus containment in the United … Continue reading IATA: Air travel won’t recover until 2024

Another Boeing 737 Max makes emergency landing in the US

Few days after the Ethiopian Airlines crash on March 10 sparked a worldwide shut down of Boeing's 737 Max 8 model, Aljazeera has confirmed another threat to lives. A Southwest Airlines Boeing 737 Max made a safe emergency landing in Orlando, Florida, after experiencing an engine problem, the Federal Aviation Administration said. The crew declared an … Continue reading Another Boeing 737 Max makes emergency landing in the US

Closure of Pakistan air space sparks outrage in Asia

A temporary closure of air space over Pakistan snarled air traffic Thursday, especially between Asia and Europe, though some airlines adjusted by rerouting their flights. In Bangkok, an important and busy hub for transcontinental flights, thousands of travelers were stranded. The closure of a main route for many flights to the Middle East and Europe … Continue reading Closure of Pakistan air space sparks outrage in Asia

Qatar Airways buys huge stake in China Southern Airlines

  In a bid to bolster its global network further, the Middle Eastern carrier, Qatar Airways has bought a 5% stake in the state-owned Chinese carrier, China Southern Airlines Co. A filing by China Southern revealed on Wednesday that Qatar Airways had purchased shares of the Guangzhou-based airline that were listed in Shanghai and Hong … Continue reading Qatar Airways buys huge stake in China Southern Airlines