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Supersonic Concorde may fly again by 2019

Club Concorde, a group of ambitious enthusiasts comprising former Concorde pilots, charterers and frequent fliers, is set to bring back the retired passenger jet which was decommissioned in 2003. Operated by the British Airways and Air France, Concorde flew for the last time on October 24 2003. W...

Passengers bid for upgrades on Virgin America’s Vegas flights

Virgin America last week introduced a new upgrade option for its passengers. Marketed as “Bid. Boost. Fly Large”, a traveler can log in to an app – dubbed SeatBoost – and bid for upgrades on flights from San Francisco to Las Vegas or any flight departing Las Ve...

Women in aviation take Hamburg by storm

There’s a quiet revolution going on in Hamburg, where women in aviation are grouping together to showcase their achievements, inspiring the next generation of young people, and networking within their industry. The group is called Hamburg Aviation WoMen, and its recent exhibition is the hottest ticket in town. “Women Boosting Aviation”, it’s called, and following it...

Malta Int'l Airshow to Kick Off Next Week

The 23rd edition of the Malta International Airshow, organized by the Malta Aviation Society, is to be held on Sep. 26 and 27. A total of 12 countries, including Swiss and Polish aerobatic teams and Royal Navy's Black Cats, together with NATO, will be represented at this year's airshow. The Armed Forces of Malta's newest AW139 and the King Air B200 MPA will also make it's fir...

Critical Alerts For Mobileye NV, Aerie Pharmaceuticals, JetBlue, American Airlines and Skyworks

InvestorsObserver issues critical PriceWatch Alerts for MBLY, AERI, JBLU, AAL and SWKS. To see what our analysts have discovered about a particular stock, read the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. (Note: You may have to copy this link into your browser then press the [ENTER] key.) MBLY: http://www.investorsobserver.com/pr/91720150/MBLY &...

Moody’s downgrades France’s govt. bond ratings to Aa2

Moody’s on Friday downgraded France's government bond ratings by one notch to Aa2 from Aa1; the outlook on the ratings is stable, the international ratings agency said in a statement. Moody’s said the key interrelated drivers of the action were: "the continuing weakness in France's medium-term growth outlook, which Moody's expects will extend through the remainder o...

Y'all keep flying! Top 10 southeast US aerospace plants

As Airbus turns the crank to start A320 assembly at its new plant in Mobile, Alabama, we thought we’d take a look at where the plant stands in the pecking order of aerospace factories in one of the world’s fastest-growing aerospace regions – the southeast USA. Perhaps no surprise, leading our top 10 – based on expected annual delivery value at list prices in 2020 – is...

Dassault, FedEx discuss potential Falcon order

FedEx has commenced discussions with Dassault on a possible order for new Falcon business jets, a top Dassault executive said on 17 September. FedEx chief executive Fred Smith launched the express delivery service with a fleet of Falcon 20s in 1973. But the entire fleet was retired by 1985, replaced by larger Boeing 727s and Douglas DC-10s. In recent weeks, however, Smith has re-en...

Airlines "Leaking" 3% of Revenue, New Report Claims

Airlines are facing a series of financial challenges which can result in the loss of up to 3% of their revenue, a new report has revealed. The study, written by Frost & Sullivan and commissioned by Amadeus, said that revenue leakage, complex income streams, and tax reporting and compliance across multiple markets, is costing the industry millions of dollars every year. The report also...

Ryanair to Provide Low-Cost Connections for Long-Haul Airlines

Ryanair Holdings Plc will provide connecting flights for long-haul airlines including Deutsche Lufthansa AG and Air France-KLM within the next ten years, as Europe's biggest discount carrier targets tie-ups as a way to expand its network and boost passenger numbers. "The low-fare airlines will be doing most of the feed for the flag carriers," Ryanair Chief Executive Offi...

Russian Bizav Takes a Dive But Quite How Far Isn’t Clear

The exact scale of the Russian business aviation sector continues to be hard to gauge, but this didn’t stop Western aircraft manufacturers and service providers from flocking to the annual JetExpo show at Moscow’s Vnukovo Airport in September. The three-day show drew 40 exhibitors, 24 aircraft and an estimated 7,000 visitors–a relatively strong showing given the discouraging stat...

Fitch to Rate Shenton Aircraft Investment I Ltd.

Fitch Ratings expects to assign the following ratings to Shenton Aircraft Investment I Ltd. (SAIL) as follows: —$747,444,000 series 2015-1A notes ‘Asf’; Outlook Stable. —$60,532,000 series 2015-1B notes ‘BBBsf’; Outlook Stable. KEY RATING DRIVERS Quality of Assets: The pool is of high quality with the majority being tier 1 aircraft with lon...

Western investor ready to finance airBaltic with EUR 50 mln

The Latvian national airline airBaltic has managed to attract a financial investor from Western Europe who is ready to invest about EUR 50 million in the company, reports LETA, according to Karlis Krastins, CEO of the investment banking and financial advisory company Prudentia. A protocol of intentions has been signed so far. The investor's name cannot be revealed due to confidentiality rea...

Capital Handling is sceptical on business aviation passenger increase in Riga.

Capital Handling Board member Kristaps Lapsa is telling, that at the moment, Capital Handling offers biggest working complex, of such kind, in the Baltic countries, as well as wide range of services for business aviation operators and owners of private jets. Company representatives positively estimate introduction of new services and development of business aviation technical infrastructure in Rig...

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