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Trump travel ban puts Boeing’s $8bn deal with Iran Air in jeopardy

Trump travel banUS President Donald Trump’s decision to issue an executive order barring Iranian nationals from travelling to the US for the next three months has cast further doubt on Boeing’s $8bn deal to supply Iran Air with 80 aircraft that the two companies agreed in principle at the back end of 2016.
The travel ban (more…)

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Iran Air takes delivery of first Airbus jet in ‘bright day’ for aviation sector

IranAir Chairman Farhad Parvaresh with Airbus A321 Toulouse 110117Senior executives from Iran Air and Airbus converged on Toulouse last Wednesday to witness the official handover of the first of 180 aircraft manufactured by either the French airline giant or its US competitor Boeing that are destined for Iran since the lifting of sanctions early last year, on what (more…)

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Moscow looking to sell off Aeroflot’s Rossiya Airline subsidiary

Rossiya AirlinesJust days after shelving plans to privatise Aeroflot, Moscow is considering selling off the national carrier’s loss-making subsidiary, St Petersburg’s Rossiya Airlines. (more…)

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Aeroflot privatisation put off until 2020 – but Bashneft sale still on the cards

Aeroflot adAeroflot privatization: Russia’s flagship national airline will not be privatized before 2020 at the earliest, the Economic Development Ministry’s director of Corporate Governance Oksana Tarasenko said yesterday, but (more…)

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Lufthansa boss Carsten Spohr on mission to sign JV with Air China

Carsten SpohrDeutsche Lufthansa CEO Carsten Spohr is due to travel to Beijing with German Chancellor Angela Merkel next week in a bid to seal a joint venture deal with AirChina as he seeks to combat the company’s loss of its share of the lucrative long-haul traffic market to rivals based in the Gulf led by Dubai’s Emirates Airways. 
Spohr will meet (more…)

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Asian budget carriers join forces to set up Value Alliance

Scoot AirlinesValue Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s Nok Airlines – yesterday announced that they were joining forces to co-ordinate the sale of tickets, in-flight meals and possibly even baggage allowance. Other members (more…)

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Iran Air agrees $10bn Airbus deal before sanctions are even lifted

Iran Air stewardessesIran has agreed to buy 114 Airbus Group SE aircraft for its state carrier Iran Air, the country’s Minister of Roads and Urban Development Abbas Akhoundi said last week, days before the lifting of international sanctions.
The deal (more…)

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Air Astana removed from EU blacklist and privatisation programme

air astana planesKazakhstan’s national carrier Air Astana has been cleared to operate flights in Europe next year after the the European Aviation Safety Agency (EASA) yesterday removed it from the EU’s Air Safety blacklist. The airline has faced restrictions (more…)

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Turkish Airlines top foreign Russian carrier as exodus picks up pace

Turkish Airlines Turkish Airlines has become Russia’s top foreign airline as its competitors continue to cut flights in the face of the slump in demand. Turkish Airlines has increased its services to Russia by 16% year-one-year while its rivals have cut flights to Russia by 43% over the same period. Last year’s top foreign carrier Lufthansa has reduced flights to Russia by 31%. British Airways and SAS AB have joined it in the exodus from Russia that was led by the UK’ s EasyJet.
The German (more…)

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Malaysian government in talks to buy bankrupt Transaero

TransaeroA state-owned Malaysian investment fund is in talks with the Russian Investment Agency (RIA) about the possibility of buying Russia’s bankrupt Transaero airline, RIA President Yury Spiridonov confirmed this week. The agency has held two meetings with Malaysia’s Ministry of Transport where discussions (more…)

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Aeroflot pulls out of Transaero deal

TransaeroRussia’ state airline Aeroflot has decided not to go ahead with the acquisition of debt-laden Transaero after shareholders in the struggling budget airline missed the deadline for putting up an offer for the purchase of their 75% stake. The decision leaves Transaero’s future in limbo.
Last month, Aeroflot (more…)

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Moscow bans Ukrainian airlines in new sanctions spat

Russian Transport Minister Maxim Sokolov

Russian Transport Minister Maxim Sokolov

Moscow has pledged to ban two Ukrainian airlines from flying to or over Russia after Kiev placed a similar bar on most of Russia’s carrierslast week. “Naturally, the Russian aviation authorities will take [retaliatory]measures,” Transport Minister Maxim Sokolov said. “We today have not yet received an official explanation or a formal prohibition from Ukraine, but once we get them, we will introduce [our own].”

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Russian airlines brace themselves for Ukraine air transit ban

Ukrainian airspaceUkraine air transit ban: Ukraine’s decision to include most of Russia’s major airlines in its list of sanctioned organisations and therefore to bar them from flying over its territory could cost them tens of millions of dollars, the TASS news agency reported lat week.
The move is (more…)

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Aeroflot buys Transaero stake for a rouble

Aeroflot logoAeroflot buys Transaero: Aeroflot is to buy a 75% stake in struggling private airline Transaero for one rouble, it has been announced, in a takeover deal that will create one of the world’s largest air transport companies. Aeroflot also takes over Transaero’s €1.4bn debt, and says the company will be “completely overhauled and integrated” into the group.
Transaero logoTransaero was set up in 1990 in St Petersburg as a chartered airline flying airplanes leased from Aeroflot and has grown into carrier operating scheduled and charter flights to 103 domestic and international destinations. Earlier this year, it said it was looking to purchase large modern airplanes such as the most recent model of Boeing’s 747 and Airbus’ new double-decker A380 for long-haul flights between Moscow and New York.
While passenger numbers grew by 2.7% in the first half of 2015, the collapse of the rouble has kept Russians from flying internationally and Transaero posted a net loss of $128m for the same period.

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Astana and Beijing agree to increase Kazakh-Chinese air routes

Urumqui Airport China

Urumqui Airport China

Nihongarden

Authorities from Beijing and Astana have agreed to expand Kazakh-Chinese air routes “significantly,” the Civil Aviation Committee of Kazakhstan’s Ministry for Investment and Development said yesterday after holding talks with their Chinese counterparts. The move means (more…)

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Aeroflot cuts international routes as demand for foreign holidays drops

AeroflotAeroflot cuts five international routes: With an increasing number of Russians planning to take their summer holidays at home, Aeroflot yesterday announced that it was cutting its services to Toronto (Canada), Dubrovnik (Croatia) , Karlovy Vary (Czech Republic), Punta Cana (Dominican Republic) and Krakow (Poland). At the same, it is doubling the number of flights from Moscow to Tyumen and increasing those to a further 14 Russian cities. 

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Mexican airline Interjet orders 10 more Sukhoi Superjets

Interjet SSJ-100

Interjet SSJ-100

Mexico’s Interjet yesterday confirmed that it was to buy 10 Sukhoi Superjet 100 (SSJ-100) aircraft in a move that will bringing its total fleet of the Russian planes up to 30. To date, Sukhoi has sold 200 and delivered 49 SSJ-100s, the first civilian aircraft to be developed in post-Soviet Russia. Interjet is its largest overseas client.

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Aeroflot profits up as airline benefits from rouble’s weakness

AeroflotAeroflot profits grew by 18.5% last year to RUB13.1bn through a combination of an increase in passenger and income derived from the revaluation of foreign currency assets which meant that the weakness of the rouble worked in its favour. Gross profits were also up by 12.7% to RUB45.9 bn. Izvestia

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Inflight wifi report puts Aeroflot in 7th place – ahead of Emirates

Global State of Inflight Wifi

Global State of Inflight Wifi

Routehappy

Inflight wifi: Outside of the US, passengers flying with Aeroflot have a better chance of getting a wifi connection than travellers on airplanes flown by Emirates, Japan Airline or Qatar Airways according to Global State of Inflight Wifia new report from the search engine Routehappy. Wifi is rapidly becoming a standard service on airlines across the globe, Routehappy’s Director General Robert Albert said last week; 24% of travellers on international flights can expect to get connected to the internet in mid-air while that number rises to 66% in the US – representing a 300% rise over the past 18 months. The international market leaders in the wifi table are Scandinavian Airlines, Icelandair and Norwegian. Izvestia Read More»

Boeing ready to postpone deliveries to Russia if asked

BoeingBoeing is ready to postpone deliveries of aircraft to Russia’s beleaguered airlines if it is asked, its senior vice president John Vodzhik told Bloomberg this week. With passenger numbers declining and the rouble in freefall, the US-based aircraft manufacturer is taking a sympathetic (and pragmatic) approach, although it has so far received no formal request to renegotiate the terms of any of its Russian contracts. Gazeta
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