Aviation

Boeing and Ethiopian Airlines Sign Memorandum of Understanding for New 777-8 Freighter

Published

2 years ago

March 5, 2022

Boeing and Ethiopian Airlines Sign Memorandum of Understanding for New 777-8 Freighter

Boeing (NYSE: BA) and its longstanding customer Ethiopian Airlines today announced the signing of a Memorandum of Understanding (MoU) with the intent to purchase five 777-8 Freighters, the industry’s newest, most capable and most fuel-efficient twin-engine freighter..

The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth.

oeing launched the new 777-8 Freighter in January and has already booked 34 firm orders for the model, which features the advanced technology from the new 777X family and proven performance of the market-leading 777 Freighter. With payload capacity nearly identical to the 747-400 Freighter and a 30% improvement in fuel efficiency, emissions and operating costs, the 777-8 Freighter will enable a more sustainable and profitable business for operators.

“Ethiopian Airlines has been at the forefront of Africa’s cargo market for decades, growing its fleet of Boeing freighters and connecting the continent to the flow of global commerce,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing. “The intent to purchase the new 777-8 Freighter further underscores the value of our latest airplane and ensures Ethiopian will remain a key player in global cargo, providing it with increased capacity, flexibility and efficiency for the future.”

Ethiopian Airlines currently operates nine 777 Freighters, connecting Africa with more than 40 cargo centers throughout Asia, Europe, the Middle East and Americas. The carrier’s fleet also includes three 737-800 Boeing Converted Freighters and a combined commercial fleet of more than 80 Boeing jets including 737s, 767s, 787s and 777s.

Boeing to partner with GE and NASA on hybrid electric flight project

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

10 facts to know About Easy jet Airline

Airlines

These are the four-star low-cost Carriers for 2024

Published

2 hours ago

September 25, 2023

Sana khan

These are the four-star low-cost Carriers for 2024

In the rapidly evolving world of aviation, staying ahead of the curve and finding the most cost-effective options for air travel is crucial for both travelers and airlines alike. As we approach the year 2024, Apex, a renowned authority in the aviation industry, has released its highly anticipated list of four-star low-cost carriers.

These are the airlines with Four-Star and Five-Star APEX ratings for 2024.(Opens in a new browser tab)

The APEX Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.

These airlines have achieved a remarkable combination of price and great service, making them the top alternatives for budget-conscious travelers searching for a pleasant and joyful flying experience. In this article, we will look at the four-star low-cost airlines for 2024.

Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)

low-cost Airlines

Allegiant
Breeze
GOL
Southwest
Spirit
Sun Country Airlines
WestJet

Airlines

These are the airlines with Four-Star and Five-Star APEX ratings for 2024.

Published

3 hours ago

September 25, 2023

Sana khan

These are the Airlines with Four and Five-Star APEX Ratings for 2024

In the ever-evolving world of aviation, these awards stand as a testament to excellence, innovation, and outstanding service within the airline industry. As travelers around the globe seek ever more personalized and remarkable experiences, these airlines have risen to the occasion, setting new standards for quality, comfort, and customer satisfaction.

World class airline awards 2022 by Apex(Opens in a new browser tab)

The APEX Five Star and Four Star Airline Awards were unique since they were created solely from verified passenger reviews submitted by more than a million fliers using TripIt.

Global Passenger Choice airline Award Winners 2022 by Apex.(Opens in a new browser tab)

Here, we’ve highlighted some of the 2024 Apex Four-Star and Five-Star Airlines Awards, recognizing these airline giants and the outstanding traveler experiences they provide. Whether you are a frequent traveler or only sometimes do so, these awards highlight the airlines who have changed the definition of what it means to fly in luxury and grace.

REGIONAL AIRLINE FIVE STAR*

GLOBAL AIRLINES FOUR STAR

British Airways
Ethiopian
Polish Airlines
Malaysia Airlines
Pakistan International Airlines
South African Airways
Thai Airways International

MAJOR ‎AIRLINES FOUR STAR

Aegean Airlines
AirEuropa
Avianca
flydubai
Royal Jordanian
SriLankan Airlines

Source

Airlines

Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices

Published

4 hours ago

September 25, 2023

Sana khan

Qantas says cost to fly may rise, Due to Soaring Jet Fuel Prices

Qantas has been absorbing a $200 million increase in fuel costs, the airline warned that if prices continue to rise, the costs may be passed on to customers and it may raise its already high ticket rates.

The airline reported in a market update that fuel costs have gone up 30% since May of this year, including 10% just in the past month. “This is driven by a combination of higher oil prices, higher refiner margins, and a lower Australian dollar,” Qantas stated.

Boeing warns new defect on 787 Dreamliners will slow deliveries(Opens in a new browser tab)

But Qantas asserted that it will keep an eye on fuel costs in the upcoming months and “look to adjust its settings” if they continue to be this high. Any modifications would aim to strike a balance between the need for reasonably priced travel in a situation where tickets are already high, according to Qantas.

Qantas and competing airlines use methods of hedging to control erratic pricing changes. An effort to win back consumer support that included an apology from the airline’s new CEO, Vanessa Hudson, and a commitment to rebuild the airline’s reputation after a “humbling period” is in jeopardy as a result of the warning about ticket prices.

Pilots warned of ‘low sealings’ at Utqiagvik airport Seal Sunbathing on the Runway(Opens in a new browser tab)

Analyst Owen Birrell with RBC Capital Markets predicted that the firm will likely accept the higher fuel costs “until its target margins come under pressure, and then would seek to claw back those costs through capacity cuts and higher fares.”

Given the increased competition, expanding consumer and corporate cost pressures, and incoming reinvestment in the product/platform, we don’t think a substantial earnings shift is possible going forward.

Source