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Airlines cued up for Cuba: Former American Airlines CEO

American airline companies have been ready to provide service to Cuba for years; all they are waiting for is Congress to lift the embargo, former American Airlines CEO Bob Crandall told CNBC Thursday. While President Barack Obama announced the expansion of travel into Cuba as part of his plan to restore diplomatic relations with Cuba, unrestricted travel by tourists will still take an act of Congress, Crandall explained. "When that happens … there are a lot of companies that are cued up to provide frequent service to Cuba, and I expect there will sort of be an air bridge. There'll be a lot of service by a lot of different companies lots of time a day," he said an interview with "Squawk on the Street." It's estimated that about 500,000 Americans traveled to Cuba in 2013. The … [Read More...]

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Are Airlines Making Too Much Money?

First time in more than five years, you can actually smile when you fill up, as gas prices fall below $2.80 per gallon. You aren’t smiling, though, when you go online or call a travel agent to book an airline ticket these days. Prices seem to know only one direction: up. It’s not just the […]

SpiceJet 737 MAX8

No Gas Money: Low-cost SpiceJet Grounds Flights

No Gas Money : Low-cost Indian airline SpiceJet grounded all flights Wednesday after oil companies stopped supplies of jet fuel to the financially beleaguered carrier. No SpiceJet flights had taken off Wednesday and passengers were making arrangements to shift to other airlines, a Delhi airport official said speaking on condition of anonymity because he was […]

Boeing 777X

Boeing 777 Production: To Cut Or Not To Cut?

Airbus is facing quite a challenge lately with filling its production line for the Airbus A330, and competitor Boeing is facing a similar challenge for the Boeing 777. The current Boeing 777 has been one of the best-selling wide-body aircraft ever, if not the absolute best. But with the 777X coming to market in 2020, […]



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New Canadian Jetlines discount airline orders up to 21 Boeing 737 MAX aircraft

Boeing and Canada’s Jetlines today announced an order for five 737 MAX 7s as the new Canadian ultra-low cost carrier builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights for an additional 16 737 MAXs. “This agreement with Boeing is a major milestone for Jetlines,” said Jim […]

AirAsia X A330

AirAsia confirms order of 55 Airbus A330Neos for $15bn

Malaysian low-cost carrier AirAsia X confirmed Monday its order of 55 long-haul Airbus A330neo passenger planes from Airbus at a list price of $15 billion, in what is the biggest single order for the line of aircraft. Since signing an agreement to purchase 50 of the new-generation A330s in July, AirAsia X has added five […]

United Airlines Boeing 757

Boeing Revisits Past In Hunt For 737 / 757 Replacements

For years, Boeing wrestled with how to replace a best–selling single-aisle product with an all-new design in one size s-ector while simultaneously protecting the longer-range, middle-of-the-market (MOM) from the predatory ambitions of Airbus. Although this may sound like the 737 and 757 replacements conundrum faced by Boeing today, it is, in fact, the scenario that […]

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Airbus A380 vs Boeing 787 Revisited

Eight and a half years ago, my friend Tim Pollak and I predicted in this column, that the Airbus A380 would turn out to be a commercial flop. Now, according to Bloomberg, “Airbus Group NV (AIR) raised the prospect of discontinuing its A380 superjumbo as soon as 2018, the first admission that it may have […]

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Congress Pleases both Sides in Norwegian Air dispute, European Airlines oppose

In a long-running dispute about a discount Norwegian airline, Congress is poised to approve legislation that both sides say helps their cause. However, European airlines oppose Norwegian plans. Norwegian Air International, a subsidiary of Norwegian Air Shuttle, Europe’s third-largest discount airline — asked the Transportation Department a year ago for approval to fly routinely to […]

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Aviation Industry Agrees on Common Roadmap for Tackling cyber Threats

The chance of dying in a plane crash may been cut by advances in aircraft design, but a plane’s growing reliance on technology is posing a new type of risk. Now five leading international aviation organizations have agreed a common roadmap for tackling cyber threats. The organizations comprise ICAO, IATA, Airports Council International, the Civil […]

Emirates Airbus A380

Airbus Talks Up Airbus A380 Demand

Amid low Airbus A380 demand, Airbus Group NV isn’t ready to abandon production of the A380 superjumbo as the head of its commercial jet unit promises to attract new buyers and eventually upgrade the aircraft. “We will get additional customer[s] on the A380,” commercial-jet chief Fabrice Brégier told investors on Thursday. Eventually, the plane will […]

Embraer E-jet

Aeromexico Receives 1,100th Embraer E-Jet

Embraer delivered the 1,100th E-Jet production aircraft, yesterday, during a ceremony held in the Aeromexico hangar, at the Benito Juárez International Airport, in Mexico City. The aircraft, an E190 model, is also the 200th aircraft from the E-Jet family flying in Latin America. “In the same year that we are celebrating the E-Jets’ 10th anniversary […]

Air China Boeing 747

China Needs Over 5,300 New Aircraft in The Next 20 Years

Airbus forecasts that China will need over 5,300 new passenger aircraft and freighters from 2014 to 2033, with a total market value of US$ 820 billion. It represents 17 per cent of the world total demand for over 31,000 new aircraft in the next 20 years. According to Airbus’ 2014-2033 Global Market Forecast, new deliveries […]

Boeing South Carolina 787 Final Assembly

Boeing and Union Lawsuit Tentative Settlement Close to Wrapping Up

A tentative settlement reached between Boeing and parties in a class-action lawsuit regarding payment of early retirement medical benefits and pensions appears close to wrapping up. “We reached a tentative agreement in June,” said Society of Professional Engineering Employees in Aerospace Midwest director Bob Brewer. “Both parties are still working through the final settlement.” When […]

Airbus Long-Range A321neo Stirs CIT Interest as Replacement for 757

Airbus Group NV is getting support from CIT Group Inc., a crucial leasing customer, as the planemaker pushes a new aircraft as a replacement for Boeing’s discontinued 757. CIT’s Transportation Financing unit is a likely buyer of Airbus’s proposed Airbus Long-Range A321neo, President Jeff Knittel said yesterday. With extra fuel tanks, the single-aisle jet would […]

Silk Way Boeing 747-8F

Boeing to Cut 747-8 jet Output Starting Sept 2015 Amid Slow Cargo Market

Boeing Co said on Tuesday it will cut production of its iconic 747-8 jumbo jet to 1.3 planes per month from 1.5 per month, starting September 2015. The decrease means Boeing will produce two fewer airplanes per year, Boeing said. The cut is being made “because the near-term recovery in the cargo market has not […]

IATA

Airlines Skeptical About IATA Recommmendations to Prevent Jets from Vanishing

Airlines are pushing back against technological upgrades recommended by their own International Air Transport Association industry group as it seeks to prevent a repeat of the Malaysian Air Flight 370 disappearance. Proposals drawn up after the loss of the Boeing Co. 777 without any knowledge of its last position or signs of wreckage have had […]

Qatar Airbus A350-900 XWB

Qatar Airways delays delivery of first Airbus A350-900

Qatar Airways on Wednesday postponed the delivery of first Airbus A350-900 just days before taking possession of the next-generation plane built to erode Boeing’s dominance in the lucrative long-haul market. “Qatar Airways announces that the Airbus A350 aircraft ceremonial transfer of title has been postponed until further notice,” the airline said in a statement on […]