The World of Aviation
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Next-gen air travel takes flight: Horizon locks in $250M deal for cutting-edge eVTOL aircraft
In a move set to shape the future of regional air transportation, Horizon Aircraft has penned a Letter of Intent (LOI) with JetSetGo, the leading regional air operator in India, for an impressive purchase of 50 Cavorite X7 Aircraft. The agreement edges the total value up to $250 million USD, with possibilities of doubling the
Read moreSingapore Airlines soars with increased passenger and cargo traffic in December
/In the bustling travel period marking the end of 2023, the emblematic Singapore Airlines Group has reported significant increases in travel demand. The December operating results shine a spotlight on the airline’s capacity to attract passengers and meet cargo demand during this peak season. The Group’s passenger load factor, a key indicator of efficiency in
Read moreRecord-breaking airline revenues predicted for 2024 amidst net profit margin challenge
/Airlines worldwide are gearing up for a significant rebound, with the International Air Transport Association (IATA) projecting record revenues and bolstered profitability for the aviation industry in the years ahead. This prediction illustrates the sector’s remarkable recovery from the economic turbulence of the pandemic, as airlines capitalise on the global desire for travel. In 2024,
Read moreTurkish Airlines set to become world’s top Trent XWB engine user with major Rolls-Royce deal
/In a significant move for the aviation industry, Rolls-Royce has announced that Turkish Airlines will become the world’s largest operator of its Trent XWB engines. The deal includes an order for 100 Trent XWB-84 engines and 40 Trent XWB-97 engines, powering Turkish Airlines’ strategic expansion with a fleet of 70 Airbus A350 aircraft. The agreement
Read moreLatam’s green shift with more Boeing 787s and cutting-edge engines
/In a bold move towards enhancing efficiency and sustainability, LATAM group has stepped up its game by placing orders for additional Boeing 787 Dreamliners and choosing GE Aerospace’s advanced GEnx engines to power them. This strategic decision introduces a new era of high performance and efficiency for the first South American airline group to adopt
Read moreSingapore Changi wins Skytrax best airport award
/The latest rankings put Tokyo’s Haneda in third, South Korea’s Incheon International Airport in fourth and Paris Charles de Gaulle in fifth.
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