- Ryanair looks at long-haul and codeshares
- Business is booming for commercial jets, says DVB analyst
Russia's MS-21 marks its plan for independence
Russia is increasing its stakes in the aviation industry with an intention to rival Western aircraft manufacturers and end its dependence on Western lessors and parts suppliers.
The first step is to produce its own aircraft in addition to the Sukhoi Superjet. The prototype of Russia's MS-21 aircraft (also known as the MC-21) will be manufactured before the end of 2015, says Russia's Minister of Industry and Trade, Denis Manturov.Read more... in Talking point
- Brazil's airline subsidies to benefit Embraer
Asian tycoon takes aircraft to support new leasing JV
Asia's richest tycoon, Li Ka-shing, it to buy up to 60 aircraft and form a leasing joint venture business with Mitsubishi Corporation as his company, Cheung Kong, develops its plans to enter the aviation industry.
The Hong Kong businessman will take the aircraft, worth a collective $2.5bn, through a number of transactions with established lessors.Read more... in Talking point
Should Virgin Galactic give up on space tourism?
It's "very tough time for all of us at Virgin Galactic" its boss, Sir Richard Branson, has admitted after SpaceShipTwo disintegrated mid-air during its test flight on Friday (31 October).
Co-pilot, Michael Alsbury, died in the crash. The pilot, Peter Siebold, is injured but conscious.Read more... in Talking point
Crimea Crisis creates EU travel slump
The Crimea Crisis in March coincided with a noticeable slow down in tourism from Russia to Europe, research by the European Travel Commission (ETC) shows.
At the start of the year, arrivals from Russia to Europe were expected to grow by around 10 per cent in 2014, but the forecast has now been dropped to just three per cent.Read more... in Talking point
US disruption management needs a shake up, say passengers
US travellers want a revamp of how airlines and agents manage travel disruptions, a report by FlightView data says.
According to the flight information company, the US had a "disastrous" 2014 winter travel season (from October 2013 to March 2014,) which saw 136,649 flights cancelled across the country.Read more... in Talking point
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