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The Covid epidemic changed the air transport landscape drastically. Small jets are in, big jets are out. During 2020 and 2021 airlines have been taking delivery and ordering mainly single-isle jets. Looking forward to 2025 and beyond, should Boeing invest in its 797 New Midsize Airplane (NMA) project or replace it's best selling 737 with [...]
Boeing 's stock performance has been all about the grounded 737 MAX jet for six months, but other things are going on. The aerospace company is nearing a critical decision to go ahead with a new medium-size aircraft. The plane, referred to among aerospace people as an NMA, ranks between a 757 and a 767 [...]
We may get the first glimpse of the Boeing 797 at the upcoming Paris Air Show. But, until then, we can only speculate on how Boeing will approach the current aviation market, and how they will deal with competition. Engine manufacturer Rolls Royce is predicting 4,000-5,000 Boeing 797s will be ordered over the next 20 [...]
AirAsia X (D7, Kuala Lumpur International) has provided a detailed overview of its strategy to acquire AirAsia Bhd, the operator of AirAsia (AK, Kuala Lumpur International), and AirAsia Aviation Group, which manages the non-Malaysian AirAsia-branded airlines. The disclosure was made in a recent filing with Bursa Malaysia, outlining a comprehensive plan that includes the issuance [...]
VAS Aero Services and the Dr. Peters Group have announced a new agreement to dismantle four Airbus A380 aircraft, capitalizing on the growing market demand for used serviceable material (USM) from these iconic superjumbos. This marks another collaboration between the aviation logistics specialist and the aircraft lessor, following their pioneering effort in scrapping the world's [...]
Apex Air, a charter and aircraft management company based in Nantong, China, has been declared bankrupt by the Tongzhou District People's Court of Nantong City. The bankruptcy proceedings began following a petition filed by 11 employees in late December, citing unpaid wages totaling CNY664,142.48 yuan (approximately USD91,800). In response, Jiangsu Qingxin law firm was appointed [...]
Sri Lanka's Aviation Minister, Nimal Siripala, has voiced concerns over the cooling interest of potential investors in acquiring a majority stake in the national carrier, SriLankan Airlines, due to the airline's tarnished reputation. During a media conference on February 26, Siripala highlighted the withdrawal considerations of some bidders ahead of the March 5 deadline for [...]
In the heart of Greenpoint, Brooklyn, a local grocery store has unexpectedly become the talk of the city. The 20 Gram Café, nestled within the Jubilee Marketplace, has seen an unprecedented surge in popularity thanks to its remarkably priced sliders—$2.15 for a hamburger and $2.55 for a cheeseburger. This remarkable deal has caught the attention [...]
In a recent move by the Sri Lankan government, the prequalification deadline for acquiring a majority stake in SriLankan Airlines, the national carrier, has been pushed to March 5, 2024. This adjustment marks the third extension from the initial deadline set in early December 2023, signaling a significant shift in the sale's timeline. The Ministry [...]
Airbus is quietly laying the groundwork for a groundbreaking clean-sheet narrowbody aircraft. Slated for a mid-2030s debut, this project promises to push the boundaries of fuel efficiency and environmental stewardship. Development and Environmental ImpactCurrently in the conceptual phase, details about the aircraft's specifications remain under wraps. Nonetheless, Airbus has made it clear that the focus [...]
