Business jet market activity is slowing with fewer transactions and increasing preowned inventory, according to Vref Aircraft Reference Value, Appraisal & Litigation Services. Inventory of the in-service fleet is up 1 percent from this time last year, to 10 percent, while retail transactions in the third quarter were down 15 percent year-over-year. Third-quarter transactions also were down 17 percent from the second quarter of this year, Vref added.
The Civil Aviation Authority of Singapore (CAAS) is planning to launch trials of manned electric vertical take-off and landing air taxis later this year, Channel News Asia has reported.
Connect – Middle East, India and Africa (Connect – MEIA) launches in Dubai. The inaugural conference is taking place between 30 April and 1 May 2019 at the Dubai world trade Center has confirmed that up to 40 Airlines have registered for the event.
More than 400 students are expected to attend the Museum of flight’s women fly 2019 program holding from 21-23 March 2019.
Museum of Flight is the largest Independent non-profit air and space museum in the world. With over 175 aircraft and spacecraft, tens of thousands of artifacts, millions of rare photographs, dozens of exhibits and experiences, and a world-class library, the Museum and its people bring mankind’s incredible history of flight to life.
Boeing recently announced plans to establish a $3 million permanent endowment fund to help pay for scholarships for Flight and Maintenance Technician training at Embry Riddle Aeronautical University (ERAU).
2019 already seems to have started on a good note for the Airlines according to IATA. In her January 2019 report published on 7th March 2019 titled Air Passenger Market Analysis, the industry recorded the following heights.
Today’s Destination is the UAE – the United Arab Emirates.
The United Arab Emirates situated at the heart of the Middle East is an oil-rich gulf state. And until recently, becoming more known for its tourism than its Oil wealth.
A Boeing 707 cargo plane belonging to Islamic Republic of Iran Air Force (IRIAF) has crashed in due to bad weather in Kara, west of the Iranian Capital,Tehran. 15 people have been reported killed of the 16 passengers on board.