Four people with knowledge of the matter claim that Boeing is nearing the completion of a delayed order to purchase 150 737 MAX aircraft after Turkish Airlines threatened to walk away from a high-profile contract over a dispute with engine manufacturer CFM. Three people have confirmed that the deal is now on track and could be signed as soon as next week. The agreement, which was part of a package containing 225 jets, had been delayed by a disagreement regarding the airline's demand for a industrial deal on maintenance of engine. Boeing and GE Aerospace's and France Safran's joint-ownership of...

A senior executive said on Tuesday that Emirates is well-prepared to deal with higher fuel prices and is trying to avoid passing on the rising costs to its customers. This is as airlines struggle to cope with the impact the Iran War has had on the fuel market. Adnan Kazim, the airline's chief commercial officer and deputy president, said in an interview that the company's position is "half protected and half open" to the market. He?added, "We are reducing the price as much as we can today due to the high costs of operation." Travel was disrupted earlier this year...

Aena, the airport operator, reported that 34.9 million passengers travelled through its Spanish 'airports' in August. This is 4.7% more than in a similar month last year. The growing number of tourists in Spain is a testament to its resilience, even as the airline industry struggles with geopolitical instability and labour shortages. * The number of passengers in the first eight months of 2026 was 225.5 million. This is 4.1% more than one year earlier * Adolfo Suarez-Barajas Airport in Madrid remained the busiest airport of Spain. Josep Tarradellas Barcelona El Prat?and Palma de Mallorca followed. * The number of...

Rizky Apriliansyah, who was sleeping on the top deck of the Virgo transport 8, the ferry which capsized in 'Indonesia Java Sea on a saturday morning, was woken up by friends at 1 a.m. to urge him to get a life jacket. Rizky said that the ship was already pointing roughly 30 degrees left at the time. He and his friends fled their room in panic. Rizky was a waiter aboard the vessel and recalled waves of up to 3-4 metres hitting it multiple times. This caused the ship to list even more. He said that no alarm had been...

A 'pilots' union and an aviation consultant have said that airlines affected by air traffic control staff shortages need to do more to prevent delays from snowballing to larger disruptions. This comes as lawmakers prepare to discuss reforms in the U.S. aviation sector on Tuesday. Bryan Bedford, the head of the Federal Aviation Administration (FAA), is scheduled to testify in front of a U.S. House Appropriations Subcommittee on a planned overhaul for air traffic control that will cost $12.5 billion. This comes a day after an official watchdog raised concerns about budget shortfalls. Staffing shortages and technological issues have led...

The aviation industry is preparing for a difficult winter after Latvian airline airBaltic filed Chapter 11 procedures on Monday. This is because the Iran War?continues pushing up jet fuel prices. U.S. 'war with Iran' has caused the worst airline crisis since the COVID-19 Pandemic in terms of costs. AirBaltic was the first European carrier to declare bankruptcy during the conflict, while U.S. rival Spirit collapsed in may after seeking protection prior to the war. The margins of airlines are relatively small compared to those in other industries, making them more vulnerable to geopolitical instability, especially in winter, when bookings and...

Airbus' Asia-Pacific President said on Tuesday that the geopolitical and supply chain challenges have not affected aircraft demand or deliveries. Anand Stanley, Airbus Asia-Pacific's President, said that the demand for Airbus aircraft in Asia-Pacific was "continuing to be strong". He made this statement during a Hong Kong briefing on Airbus' 2026-2045 Market Forecast. He said: "Not only do we see an increase in deliveries, but also a willingness to accept deliveries. This is not just in Asia-Pacific. We are also continuing to deliver in the Middle East." Airbus predicts that 42,000 new aircraft will be needed globally in the next...

AirBaltic has been in discussions with the labour unions in order to reach an agreement regarding an "adjustment of?the workforce", Chief Executive Erno Hilden said on?Monday, after the Latvian airline announced that it had voluntarily entered Chapter 11 bankruptcy proceedings. Hilden stated that a reduction in capacity would lead to a shift in the workforce. It's time to come up with some numbers after all that. AirBaltic filed under Chapter 11 of the U.S. Bankruptcy Code on Monday in New York. It is seeking to restructure its debt, avoid creditors and survive a 'deepening crisis within the sector brought about...

Wizz Air's CEO Jozsef Varradi said that the bankruptcy of airBaltic offers few, if any, opportunities and expects other European airlines to be affected by this. These airlines were unable?to hedge against high fuel prices. ?on Monday. Varadi, speaking at a conference organized by the International Society of Transport Aircraft Trading, said that the recent spike in oil prices "sucks liquidity from the industry very quickly." "I believe they'll be in a difficult situation." Wizz, the Latvian state-owned airline and airBaltic are located at opposite ends of Europe’s vast aviation market. Both have been shaped over the past two decades...

The aviation industry is bracing itself for a difficult winter after Latvian airline airBaltic filed Chapter 11 procedures?on Monday. Jet fuel prices are continuing to rise due to the Iran War. AirBaltic, a U.S. competitor, filed for bankruptcy in May, after seeking protection prior to the war. The margins of airlines are relatively small compared to those in other industries, making them more vulnerable to geopolitical instability, especially in winter, when bookings and travel drop, and they lose the money they made in summer. SAVING RETURNS The price of jet fuel is expected to remain high for as long as...

According to a government report released on Sunday, the Federal 'Aviation Administration' needs additional funding from Congress in order to complete phase one of a $10.6-billion air traffic control plan. They also underestimated the total cost of operating the new system. The Government Accountability Office stated that the FAA did not have a full assessment of the costs associated with operating the new system, nor had it set out a schedule to complete the reforms. The GAO report stated that "the FAA buys delivery speed by risking cost uncertainty and disruptions." It added, "these risks increase FAA's likelihood of repeating...

A government report said Monday that the Federal 'Aviation Administration' needs more funding from Congress to complete the first phase of its $10.6 billion air traffic control reform plan. They also underestimated the costs associated with operating the system. The Government Accountability Office (GAO)?said that the FAA hadn't fully assessed the?costs of operating the system? or?set up a detailed timeline for completing reforms? The GAO report stated that "these risks increase FAA's likelihood of repeating the history of cost overruns and delays." Congress approved $9 billion in the first phase of ATC reforms, which is expected to cost $10 billion....