British Airways, currently the world’s largest operator of Boeing 747 aircraft, has announced that it will retire all 31 of its 747s from its fleet with immediate effect, four years ahead of schedule. The planes were initially planned to be retired by the carrier in 2024, however this date has been brought forward in light
The Pakistan Civil Aviation Authority (PCAA) has finally addressed reports that over a third of all Pakistani pilots are holders of fraudulent licences, and confirmed the suspension of 34 pilots whose licences could not be verified. The PCAA, the national body responsible for the provision of pilot licences within Pakistan, also stated that all commercial
Following weeks of speculation from media and industry sources, Virgin Atlantic has confirmed that it has closed a £1.2 billion rescue deal. On Tuesday, the beleaguered British carrier announced that it had settled on a privately-funded recapitalisation package – one that largely mirrors leaked reports. New York-based hedge fund Davidson Kempner (DK) will provide about
British Airways has confirmed that it is poised to auction off 17 pieces of artwork from its corporate collection on 28 July, in a bid to raise much-needed cash. First to go under the hammer at Sotheby’s “Rembrandt to Richter” event will be Bridget Riley’s “Cool Edge” (pictured below). Demoted from pride of place at
The UN's top court has effectively ruled that a three-year-long 'blockade' of Qatar aircraft by Bahrain, Egypt, Saudi Arabia and the UAE is illegitimate.
Boeing has released its delivery figures, which reported just 20 deliveries of commercial aircraft over the last three months.
