• 27

Russia Seizes Control of St. Petersburg Airport from Foreign Investors

In a recent fiasco, Vladimir Putin signed a decree taking control of St. Petersburg's Pulkovo Airport away from foreign investors, of which German airport operator Fraport and Qatar's sovereign wealth fund Qatar Investment Authority had over 24% ownership. (aeroxplorer.com) More...

  • 9

Airbus wants to bring Beluga to USA

“ Airbus Beluga Transport applies for permission to operate in the US, aiming to expand its services to transport outsized cargo for commercially contracted customers.” (simpleflying.com) More...

  • 25

Why One Airport’s Runway Overhaul is so Complex

Crews work against the clock to get the airport open again the next morning. (airlinegeeks.com) More...

  • 4

US Conducts Military Flights in Guyana to Prevent Possible Venezuelan Invasion

The U.S. will conduct joint military flights with Guyana as growing border tensions with Venezuela create the potential for a Venezuelan invasion of the country. Guyana, which currently has a small aviation industry due to its small size and population, will likely see a major expansion in the coming years. The discovery of vast oil reserves in Guyana is expected to create strong demand for business travel, with United Airlines already announcing a direct route connecting Houston: the global hub… (aeroxplorer.com) More...

  • 14

Airlines Set to Earn 2.7% Net Profit Margin on Record Revenues in 2024

Geneva - The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. However, net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance remain. (www.iata.org) More...

  • 5

Russian airliner forced into emergency landing after engine fire — report

A Boeing 737 en route from Novosibirsk to Moscow made an emergency landing on Dec. 8 following an apparent engine fire (english.nv.ua) More...


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