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Turkish Airlines finalizes 737 MAX and 737NG order

May 14, 2013 by feryomaha

Boeing and Turkish Airlines today finalized a firm order for 40 737 MAX 8s, 10 737 MAX 9s and 20 Next-Generation 737-800 jets, valued at $6.9 billion at list prices. The order, originally announced as a commitment last month, also includes options for an additional 25 737 MAX 8s and is the largest Boeing order in Turkish Airlines’ history. “We are delighted to finalize the order, which will considerably expand our fleet and contribute to our continued growth,” said Temel Kotil, PhD, President and CEO of Turkish […]

Categories: Aircraft, Airlines • Tags: Boeing, 737, 737 Max, Turkish

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Virgin America posts 2012 loss

May 13, 2013 by feryomaha

Virgin America said it’s close to turning around its financial losses and could be ready for an initial public offering as early as next year. The airline reported another annual loss on Monday, but it’s aiming for a profit in the second half of the year after reworking debt it owes to Richard Branson’s Virgin Group and others. The improved finances should be one step on its way toward a public offering in late 2014 or in 2015, CEO David […]

Categories: Airlines • Tags: Losses, Virgin America

Kuwait Airways to order Airbus A350-900s and A320neos

May 13, 2013 by feryomaha

State-run Kuwait Airways will spend 850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday. Daily Al-Watan cited sources close to the decision-makers as saying that the airline would start receiving the new aircraft from Airbus, owned by aerospace and defense group EADS, from 2019. Kuwait Airways plans to buy 10 wide-bodied A350-900 jets and 15 of the slimmer A320neo, the newspaper […]

Categories: Aircraft, Airlines • Tags: A320, A350, Airbus, Kuwait Airways

First flight-test A350 emerges in full colours

May 13, 2013 by feryomaha

Airbus has unveiled the first A350-900 flight-test prototype in its full paint scheme, as the airframer makes final preparations for the twinjet’s maiden sortie. The aircraft has been fitted with its Rolls-Royce Trent XWB engines and the painting process marks one of the final stages before the flight-test regime begins. Customers have ordered 414 of the -900 variant, the first of the three-member family to be developed. Having been painted the aircraft will undergo a series of ground tests and […]

Categories: Aircraft • Tags: A350, Airbus

Emirates reports 52% jump in profits

May 11, 2013 by feryomaha

The Dubai-based Emirates airline says its annual net profit rose by 52% as the carrier’s fast growth outpaced rising fuel costs. Emirates said Thursday that the airline posted $622 million in net profit in the 2012-2013 fiscal year. The Emirates Group, which includes a travel services division, reported a 34 percent jump in net profit to $845 million. Emirates is locked in fierce competition with rival Gulf carriers Qatar Airways and Abu Dhabi’s Etihad Airways. All three are aggressively expanding […]

Categories: Airlines • Tags: Emirates, Profits

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GOL and Delta Air Lines expand codeshare

May 10, 2013 by feryomaha

Brazil’s GOL has expanded its codeshare on Delta Air Line flights between Brasília and Atlanta, Ga., which is considered a key milestone in the partnership. The move should be completed by August, GOL said in a statement. The next steps will include of all Delta’s flights between Brazil and the US, and “key connecting markets” operated by the carrier. These comprise all flights to Atlanta, New York JFK and Detroit, Mich. On GOL’s side, connecting flights to Atlanta from Goiânia, […]

Categories: Airlines • Tags: Codeshare, Delta, Gol

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IAG 1Q loss has increased

May 10, 2013 by feryomaha

British Airways and Iberia parent IAG’s first-quarter operating loss has increased to €278 million ($363 million), before exceptional items, compared with last year’s figure of €249 million. IAG adds that it took a €311 million exceptional charge during the quarter, principally relating to restructuring at Iberia. But chief executive Willie Walsh says the operating loss, at constant currency, actually improved by €38 million. “These results are encouraging with underlying revenue strength in strategic markets. However, while the first step towards […]

Categories: Airlines • Tags: British Airways, IAG, Iberia

Boeing increases 787 production rate

May 10, 2013 by feryomaha

This month the first 787 Dreamliner built at the new seven-airplane-per-month production rate rolled out of the Everett Final Assembly facility. The airplane is the 114th 787 to be built and 100th to be built in Everett. “I’m extremely proud of the focus this team has demonstrated,” said Larry Loftis, vice president and general manager of the 787 program. “We’ve faced some challenges this year, but the team members have kept their heads down and executed the plan. Production health […]

Categories: Aircraft, News • Tags: 787, Boeing

Fastjet ready to launch in South Africa

May 9, 2013 by feryomaha

United Kingdom based airline Fastjet said on Monday it was on track to start its domestic services in South Africa by the end of May. The low-cost carrier abandoned plans to buy the bankrupt 1Time airline and signed a deal with investment company Blockbuster, which has ties to President Jacob Zuma’s son, Edward. Local operator Federal Airline’s Brad Dickson said they expect to start selling tickets for the first flight in about a week’s time. “We’re basically completing the process […]

Categories: Airlines • Tags: Fastjet

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Delta Air Lines will pay a dividend, buy back shares

May 9, 2013 by feryomaha

Delta Air Lines will start paying a quarterly dividend and buy back some of its shares — investor-friendly moves common in other industries but rare for airlines. For years, the industry repelled long-term investors with high debt, losses, labor strife, bankruptcies, and roller-coaster stock prices. Now, airline bosses are eager to show that those days are over and their companies are good investments. “Airlines used to be boom and bust companies, extremely risky. More airlines went out of business than […]

Categories: Airlines • Tags: Delta, Dividend, Shares

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flypluz

Aviation News

Turkish Airlines finalizes 737 MAX and 737NG order

Virgin America posts 2012 loss

Kuwait Airways to order Airbus A350-900s and A320neos

First flight-test A350 emerges in full colours

Emirates reports 52% jump in profits

GOL and Delta Air Lines expand codeshare

IAG 1Q loss has increased

Boeing increases 787 production rate

Fastjet ready to launch in South Africa

Delta Air Lines will pay a dividend, buy back shares

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