• AIRBUS AIRCRAFT AWAITING DELIVERY AT TOULOUSE BLAGNAC. PIC/SHUKOR YUSOF
    Aviation

    Airlines face challenging 2019: IATA

    In its latest Airlines Financial Monitor, the International Air Transport Association (IATA) warned that airlines worldwide face uncertainty particularly from volatility in oil prices and the global economy. Read the entire report here. In terms of the energy market, IATA said investors were unsure if this is “good or bad for airline earnings”. The trade association, comprising 290 (mostly flag) carriers, noted there was week-to-week swing in the market. Cuts by some OPEC countries and sanctions on Venezuela have pushed crude prices higher. The recent collapse of Flybmi, a regional carrier based in the UK, is a sign that airlines are sometimes at the mercy of external factors that are…

  • THE FIRST A380. MSN1, REGISTRATION F-WWOW AT CHANGI AIRPORT SINGAPORE IN 2005. PIC/AIRBUS
    Aviation,  Economics,  Featured

    Airbus A380: We told you so – 11 years ago!

    “When love breaks down The lies we tell They only serve to fool ourselves” Prefab Sprout, from the 1985 album Two Wheels Good, When Love Breaks Down How unromantic can the Europeans be? Airbus has chosen to end its love affair with the A380 on, of all days, Valentine’s Day. Outgoing CEO Tom Enders announced the demise of the A380 and at the same time diverted our attention to Emirates’ order for 40 A330-900 and 30 A350-900 planes. All it took were six paragraphs to admit the failure of the USD15 billion programme and an assurance the superjumbo “will still roam the skies for many years to come…” According to Airbus the last…