France Selects Winning Bids For Nice, Lyon Airports

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Published: July 29, 2016

July 28, 2016 France has chosen the winning bidders for the sale of 60 percent stakes in Nice Cote d’Azur and Lyon–Saint-Exupéry airports and expects proceeds of almost EUR€1.8 billion. Italy’s Atlantia in cooperation with EDF was chosen for Nice airport, while a consortium of Vinci, state bank Caisse des Depots et Consignations and Credit […]

JetBlue To Be First US Airline To Cuba

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Published: July 29, 2016

July 28, 2016 JetBlue will launch scheduled commercial flights from the United States to Cuba on August 31, ahead of competitors that have also announced departure dates. The US and Cuba agreed last year to restore airline services after more than five decades as part of a broader detente in which they also resumed diplomatic […]

Flight Bookings For France Drop After Nice Attack

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Published: July 28, 2016

July 28, 2016 Demand for air travel to France, and Nice in particular, has dropped again after an attacker killed 84 people in the city on the French Riviera on July 14, according to travel data analysis company ForwardKeys. France’s tourism industry had yet to fully recover from assaults in Paris in January and November […]

Boeing Says It Could End 747 Production

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Published: July 28, 2016

July 28, 2016 Boeing could end production of the iconic 747, as it faces falling orders and pricing pressure, according to a regulatory filing. “If we are unable to obtain sufficient orders and/or market, production and other risks cannot be mitigated, we could record additional losses that may be material, and it is reasonably possible […]

Flight Simulator In MH370 Captain’s Home Plotted Indian Ocean Course

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Published: July 28, 2016

July 28, 2016 A home flight simulator owned by the pilot of missing Malaysia Airlines flight MH370 was used to plot a course to the southern Indian Ocean where the aircraft is believed to have gone missing, the Australian agency in charge of the search said. But the Joint Agency Coordination Centre (JACC) said the […]

Bomb Hoax Caused Security Scare At Geneva Airport

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Published: July 28, 2016

July 27, 2016 A woman who wanted to stop her husband boarding a plane in Geneva has admitted making a false bomb threat, prosecutors said, after hours of tightened security that caused traffic chaos around the airport on the French-Swiss border. “Yesterday in the evening, a woman called Swiss customs at Geneva Airport. She said […]

Airbus Takes USD$1.5 Bln Hit For A400M, A350

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Published: July 28, 2016

July 27, 2016 Airbus took a EUR€1.4 billion (USD$ 1.5 billion) hit for problems with the A400M transporter and the A350, clouding better than expected quarterly profits. Delays in deliveries of the A320neo also weighed on Europe’s largest aerospace group, whose core profits fell 4 percent to EUR€1.18 billion in the second quarter. Revenue was […]

Virgin Australia Full-Year Loss Widens On Charges

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Published: July 28, 2016

July 28, 2016 Virgin Australia’s full-year net loss has more than doubled from a year ago, hurt by one-off costs of a restructure to cut capacity amid stiff competition. Sydney-listed Virgin posted a net loss of AUD$ 224.7 million (USD$ 169 million) for the year to June 30, compared with a AUD$ 93.8 million loss […]

Air Europa Pilots Call Off Strike

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Published: July 27, 2016

July 27, 2016 Pilots at Air Europa will call off a strike originally planned for July 30 to August 2, a spokeswoman for the pilots’ union Sepla said. The strike was called over grievances including the outsourcing of part of their fleet to another airline, Aernova, alleged discrimination against some pilots and a change in […]

Xiamen Airlines To Buy Six Boeing 787s

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Published: July 27, 2016

July 27, 2016 China Southern Airlines subsidiary, Xiamen Airlines, has signed an agreement to buy six Boeing 787-9s worth USD$ 1.4 billion at list prices. The 787s will be delivered to Xiamen Airlines between 2016 and 2018. Airwise Top Stories

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