Asaka Air, the budget airline backed by billionaire Rakesh Jhunjhunwala – known as ‘India’s Warren Buffet’ – has invested around $35 million into the carrier, waiting for the Indian aviation ministry’s approval.
Airbus has confirmed that it will officially develop and produce a long-awaited freighter version of its A350, as it attempts to steal back some share of the Boeing-dominated cargo market. The European planemaker announced its intentions to produce the freighter amid the release of its second-quarter results, which saw Airbus bring in revenue of €24.6 billion.
American Airlines pilots and flight crew unions have filed grievances to the carrier, claiming it has not provided sufficient transportation and hotels during layovers, which has seen crew forced to sleep in airports.
European planemaker Airbus has delivered its first wide-body A350 aircraft from its Tianjun plant to China Eastern Airlines, as part of its expanding ‘global footprint’ in east Asia.
The US aviation industry has reported a strong rebound in travel demand over the 4 July holiday weekend, with over 10 million domestic passengers travelling for the occasion – more than three times the number recorded over the same period in 2020. TSA data suggests that a total of more than 10 million passengers travelled
It has now been confirmed, after weeks of speculation, that United Airlines has placed a mammoth order of 270 narrow-bodied jets, spread across both Boeing and Airbus, in a deal worth over US$30 billion. Update: Both Boeing and Airbus have confirmed the new orders, which marks the largest aircraft order in the airline’s history. The
