Thomas Cook Goes Bankrupt Leaving 600,000 Passengers Stranded

Following a meeting in London yesterday, British travel firm and charter airline operator, Thomas Cook, has gone bankrupt. Last-ditch meeting Yesterday, Thomas Cook met with key players in an attempt to avert a collapse. The British travel firm needed to secure £200m of extra funds if it was to prevent bankruptcy. The last-ditch meeting took place at a law firm in the City and was attended by Thomas Cook’s creditors as well as its largest shareholder, Chinese conglomerate Fosun. Bankruptcy Declared: As of around 02:15 am London Time Thomas Cook has…

Brexit Has No Effect On British Airways Bookings

Brexit has did not affect the number of bookings according to IAG’s CEO Willie Walsh. As the UK’s new Prime Minister, Boris Johnson, has pledged to take the United Kingdom out of the European Union on the 31st Of October, much uncertainty remains as to what will happen. Despite the uncertainty, Mr Walsh seems confident with his company’s ability to handle Brexit, whatever that may mean. The news comes at the same time Ryanair’s CEO is claiming that uncertainty surrounding Brexit has the potential to be damaging to his airline.…

34 Years Of Low Cost Flights – How Ryanair Built An Empire

Ryanair is like Marmite. Some people love it, and others hate it. However, did you know that Ryanair this week celebrated their 34th birthday? Simple Flying takes a look at the airline’s history from humble beginnings to a European empire. Humble beginnings Although Ryanair was founded in November 1984, it didn’t take its first flight until the 8th July 1985. The story of how the airline came to be named isn’t particularly exciting, as it simply stems from the name of airline’s founders, the Ryan family. Using a 15-seater Embraer Bandeirante, …

Airlines Are Continuing To Suffer From Boeing 737 MAX Grounding

Airlines Are Continuing To Suffer From Boeing 737 MAX Grounding Since the grounding of the Boeing 737 MAX series earlier this year, airlines that have relied heavily on the type have struggled to replace capacity, fulfill routes and even maintain a profit. As there is no end in sight for the Boeing 737 MAX problems, many airlines are facing troubling financial results well into next year. What are the details? According to various sources, many airlines have had to increase their losses estimate or issue profit warnings due to the…

Most of The Boeing MAX Aircrafts grounded

At the time of writing, 47 out of 56 Boeing 737MAX operators have grounded their MAX aircraft, following 2 crashes of brand new Boeing 737MAXs in less than 5 months interval. In total, 260 out of 387 MAX family (-8 and -9) aircraft in operation are grounded. The following operators are still flying Boeing 737 MAX 8s; American AirlinesThe US carrier has 24 737 MAX 8 aircraft in its fleet Southwest AirlinesThe US carrier has 34 of the aircraft in its fleet Norwegian AirlinesNorwegian has 18 737 MAX 8 aircraft…

Another fatal Boeing 737 MAX 8 crash.. Lion Air crash report details pilots battle with Boeing 737 Max..

Lion Air’s deadly flight was a 13-minute struggle between man and machine.. For the second time in less than six months, a brand-new Boeing aircraft has crashed just minutes into a flight. Are There Problems With the Boeing 737 Max? A Second Deadly Crash Raises New Questions … Ethiopian Airlines flight ET302, a Boeing 737 MAX 8, crashed shortly after takeoff from Addis Ababa-Bole Airport, Ethiopia. There were no survivors among the 157 occupants.  The Boeing 737 Max 8 was first delivered to Ethiopian Airlines last year. The catastrophe on…

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BOEING DELIVERED 806, SOLD 893 PLANES IN 2018

LONDON – Boeing has published its full order and delivery numbers for the year of 2018, delivering 806 jets and securing 893 net orders, valued at $143.7 billion. The manufacturer’s monthly production rate came up at 67.1 planes across the entire cataloge. As a breakdown, it was able to deliver up to 52 Boeing 737 Family aircraft every month. A total of 580 Boeing 737s were delivered, together with six 747s, 27 767s, 48 777s, and 145 787s. The manufacturer was also able to celebrate two milestones, by surpassing 5,000 orders…