Airlines
Pro-Russian separatists fired a Russian surface-to-air Buk missile from a village in eastern Ukraine, shooting down Malaysia Airlines Flight 17 and killing all 298 passengers and crew members on board, according to a draft investigative report by the Dutch Safety Board. The report, distributed on June 2 for review by
Airlines
Uncertainty about potential cyber attacks in the United States, alongside technical issues on the New York Stock Exchange (NYSE), caused a stir in the markets on Wednesday. However, the Nasdaq continued to trade stocks listed on the NYSE. Cybersecurity stocks, including FireEye (FEYE) and Symantec (SYMC), saw gains midday. The
Airlines
A group of airline customers has filed a federal class-action lawsuit in Dallas against four major U.S. airlines, accusing them of violating antitrust laws by conspiring to artificially inflate airfares in order to reap huge profits. The lawsuit, filed on July 8, 2015, names Texas-based Southwest Airlines, American Airlines,
Airlines
Flight attendants on Air India Flight 922 from Riyadh to Mumbai suffered injuries on their heads, backs, and limbs due to turbulence, an incident that has raised concerns about the airline's adherence to safety protocols. According to the airline's cabin crew union, the Boeing 777-300 hit
Airlines
Several Indians in the UAE have reacted strongly to Air India and Air India Express's decision to implement stricter hand baggage rules, with some criticizing the move during peak summer travel time. From tomorrow, the airlines will strictly restrict free allowance for hand baggage, including duty-free items, to
Airlines
British Airways has announced that it will be modifying its Airbus A320 planes to reduce the high-pitched whining noise that has been disturbing residents in Kent and Sussex. The move comes after a long campaign by Tunbridge Wells MP Greg Clark, who is also lobbying EasyJet to follow suit. The
Airlines
International Airfinance Corporation (IAFC) has announced the appointment of Quantum Investment Bank Ltd and Palma Capital Limited as exclusive arrangers for Saudi Arabian Airlines' (SAUDIA) largest aircraft leasing deal in history. The deal involves arranging debt and equity financing to acquire 30 Airbus A320-200 and 20 Airbus A330-300 aircraft,
Airlines
As the Paris Air Show got underway, Airbus made a major splash with a flurry of new orders. On the show's first morning, three significant deals were announced. GE Capital Aviation Services, the aviation leasing and financing arm of General Electric, placed a firm order for 60 A320neo
Airlines
At the opening day of the Paris Air Show, Airbus announced that it had secured deals worth PS16bn for 146 aircraft, marking a significant milestone for the company. The agreements comprise 95 single-aisle A320 Family, 20 A330 planes, and 31 A350 aircraft, with all the wings being built at the
Airlines
Akbar Al Baker, chief executive of Qatar Airways, has called for the airline industry to repudiate a campaign by US airlines against Gulf carriers, amidst allegations of state subsidies and protectionism. The row has highlighted the disruptive influence of Middle East carriers on the global aviation industry. The conflict between
Airlines
The International Air Transport Association's (IATA) 71st Annual General Meeting (AGM) and World Air Transport Summit, held in Miami, Florida, brought together approximately 1,000 industry leaders and media to discuss key issues facing the global airline industry. The meeting was hosted by American Airlines, FedEx, UPS, and
Airlines
The Russian defense systems manufacturer Almaz-Antey has categorically denied any involvement in the 2014 Malaysian Airlines flight MH17 crash in eastern Ukraine. According to the company's general director, Yan Novikov, the company's specialists were invited to join the international commission investigating the crash as experts, but
