Oman Air officials may confirm during the Dubai Air Show whether it will still take the six Boeing 787s it is supposed to be leasing from Aviation Lease and Finance Co. (ALFACO). The Arabian Gulf carrier has been in negotiations with Boeing over demands for compensation that it wants for delays in the delivery schedule for the new widebody.
The so-called Arab Spring political upheaval across North Africa and parts of the Middle East has also been a significant disruptor of airline business in the region. The most seriously impacted were Libyan carriers Afriqiyah Airways and Libyan Airlines, which had aircraft destroyed or damaged by NATO air strikes against the former government of the late Col. Muammar Gaddafi.
For ATR, 2011 is already a record year for sales of its regional airliners, but the European manufacturer could have more business to announce soon.
Fast-growing Dubai-based business aircraft management group Empire Aviation is about to conclude a major joint-venture agreement, which executive director Steve Hartley said will “double the size of the company.” It remains to be seen whether the deal will be sealed here at the Dubai Air Show this week.
Lufthansa Technik signed a 10-year agreement with Japan Airlines to provide component support for JAL’s new fleet of Boeing 787s. The Germany-based company will support all 35 aircraft currently on order. The contract calls for Lufthansa Technik to provide material support, including repairs and logistics services.
Chile’s LAN Airlines S.A. and TAM S.A. of Brazil continue preparations for their planned merger to create Latin America’s leading operator and one of the world’s largest airlines, while at the same time appealing conditions imposed by Chile’s antitrust court.
NetJets terminated its franchise agreement for Middle East fractional aircraft services with National Air Services (NAS) of Saudi Arabia this week. NAS CEO Sulaiman Al-Hamdan conveyed the news to NAS employees in an email on Monday, while promising that the company’s business would continue as is.
Fractional-operator NetJets has terminated its franchise agreement regarding fractional services with National Air Services (NAS) of Saudi Arabia, AIN learned today.
Airports and airlines share common interests in making aviation safer, more secure, user-friendly, operationally efficient and environmentally responsible, so they need to renew their agenda to build their relationships, Tony Tyler, director-general of IATA, told attendees at Airports Council International’s (ACI) World Annual General Assembly in Marrakech, Morocco. He outlined six areas of
On several fronts Europe’s regional airlines face challenges to achieve parity with larger airlines–which operate larger aircraft and wield more clout–and the heavily subsidized rail sector.