If you want to see how the world economy is doing and what types of factors will lead the next several years, look at aircraft manufacturers. Boeing and Airbus are the two main large commercial jet makers. When they design a new plane, they plan to build and sell it for decades. In order to [...]
There is a major air show underway in Farnborough, UK that is held every other year. It is one of the important dates for the airline industry as many aircraft orders take place for both military and civilian planes. This time around, the military sector has been overshadowed by the civilian side, due to two important events. The [...]
Last week, the Federal Aviation Administration (FAA), the U.S. federal agency that oversees the airline industry awarded several companies $125 million to develop technologies that will reduce the fuel consumption, emissions and make the planes quieter. This information comes from a Los Angeles Times article from a few days ago (click here to read it). The [...]
Anyone that follows business and markets more generally knows that the airline industry is among the worst performing of them all. Numerous times, some of the largest airlines had to go in to Chapter 11 bankruptcy protection and then governments gave them a hand because they did not want to see them close down. Even [...]
By now you must have heard about the volcano that erupted and sent a massive ash cloud over Europe that has caused many flights to be cancelled. The disruption stranded thousands of travelers and prevented thousands of flights from taking the airways. According to the International Air Transport Association, the airline industry is losing well over [...]
The European Union and the USA have agreed to a new deal, Open Skies, which would allow European airlines to compete for US government business. This deal would also make it easier for both countries’ airlines to choose routes and destinations based solely on customer demand and it removes various limits that the industry has placed until now. This [...]
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