Aviation News
Saudi Arabia’s New Airline May Be Called “RIA”
Saudi Arabia is launching a new national airline to be based out of the capital of Riyadh’s King Khalid International Airport (RUH) and, sources say, most likely take the name “RIA.”
Ethiopian Airlines bucks regional trend with profit surge
Ethiopian Airlines, the leading African flag carrier, on Wednesday reported a surge in profit for the last financial year, in sharp contrast to the ailing fortunes of other airlines in the region. The state-owned airline saw a 79 percent jump in revenue to $5 billion for 12 months to July while profit skyrocketed 90 percent to $937 million
Airbus Chief Financial Officer Dominik Asam to leave the Company in 2023
Dominik Asam, 53, Chief Financial Officer (CFO) of Airbus has decided to leave the Company beginning of March 2023 after almost four years in the position to pursue a new opportunity as Chief Financial Officer of SAP the market leader in enterprise application software
China Airlines to Purchase 16 New Boeing 787-9 Passenger Aircraft
China Airlines, the Taiwan-based carrier, announced the purchase of 16 Boeing 787-9 passenger aircraft fitted with the General Electric GEnx engine today (8/30). Deliveries are expected to commence in 2025 and the next-generation aircraft will become the mainstay of the medium-capacity wide-body fleet
Etihad pilot makes history as UAE’s first female Emirati Captain in commercial aviation
Etihad Airways, the national airline of the UAE, this week celebrated Captain Aisha Al Mansoori who has become the UAE’s first female Emirati Captain in a commercial airline.
Cathay Pacific Cargo introduces Fly Greener, the carbon-offset programme for air freight
Cathay Pacific is taking the lead in aviation’s sustainability efforts in Asia with the extension of Fly Greener to its air cargo services. Fly Greener is a carbon-offset programme powered by an integrated carbon emissions calculator, as part of the airline’s commitment to tackling climate change by achieving net-zero carbon emissions by 2050.
Europe’s aviation capacity close to 89% of 2019 levels – a new high
Europe’s capacity recovery as a percentage of 2019 levels has broken out of its narrow 13-week range of 86%-87%, reaching close to 89%. This is the closest to 2019 capacity since before the COVID-19 pandemic. Europe’s total seat capacity is at 88.6% in the week commencing 22-Aug-2022, which is a shortfall of 11.4% against the equivalent week in 2019.