Dubai, United Arab Emirates | AFP | Leading Middle East airline Emirates said Thursday its half year net profit rebounded strongly from a slump last year due to cost saving measures and favourable exchange rates. The Dubai flag carrier said it posted a net profit of $452 million in the period …
Read More »China signs $37 billion deal to buy 300 Boeing planes
Beijing, China | AFP | China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing. The agreement for China Aviation Suppliers Holding Co (CASC) to buy …
Read More »Four die as French army-chartered plane crashes off I.Coast
Abidjan, Ivory Coast | AFP | Four Moldovan nationals were killed and three French soldiers hurt on Saturday when a transport plane chartered by France’s army crashed off Ivory Coast, authorities said. There was a storm over Abidjan early in the day, but it was unclear whether heavy weather had played …
Read More »Seven killed in Angola plane crash
Luanda, Angola | AFP | All seven passengers and crew were killed when a plane bound for the Angolan capital Luanda crashed in a remote corner of the country, emergency services said Friday. The Brazilian-built Embraer aircraft operated by Air Guicango crashed on Thursday after taking off from Dundo in …
Read More »Sudan Airways seeks post-embargo Boeing, Airbus spare parts
Khartoum, Sudan | AFP | Sudan’s national carrier aims to revive its fleet by procuring new components from Boeing and Airbus after Washington lifted its 20-year-old trade embargo on Khartoum, a minister said Sunday. Sudan Airways, one of the oldest airlines in Africa, has 12 of its 14-strong fleet of aircraft …
Read More »Monarch collapse leaves 110,000 holidaymakers stranded
London, United Kingdom | AFP | British short-haul carrier Monarch Airlines went bust Monday in the biggest airline failure in Britain, prompting the government to take emergency action to return home 110,000 stranded passengers. Monarch and its holidays business went into administration, with KPMG appointed to oversee the financial chaos …
Read More »Trump’s scandal-hit health secretary resigns
Washington, United States | AFP | President Donald Trump’s embattled health secretary was forced out of the US administration Friday amid a scandal over his use of costly private jets for government travel. Tom Price was the latest top official to join in a stream of steady and embarrassing exits …
Read More »Budget airlines to drive plane demand in next 20 years: Boeing
Singapore, Singapore | AFP | Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said Friday. Nearly three in four of the 41,030 new commerical planes expected to be delivered in the period at …
Read More »Israel finalises deal for 17 more F-35 stealth fighters
Jerusalem, Undefined | AFP | Israel has finalised a deal to purchase 17 more F-35 stealth fighters in addition to 33 of the ultra-high-tech jets already ordered, the defence ministry said Sunday. Israel has already taken delivery of five of the jets, made by US-based Lockheed Martin and the most …
Read More »India clears $650 mn Boeing army chopper deal: defence sources
New Delhi, India | AFP | India approved a $650 million purchase of six attack choppers Thursday from US aviation giant Boeing, officials said, as it boosts its military might amid border tensions with China and Pakistan. The Defence Acquisition Council (DAC), which approves big-ticket purchases, gave the green light to …
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