The global airlines industry is set to rise from $569.5 billion in 2016 to $828.3 billion by 2021, representing a compound annual growth rate (CAGR) of 7.8%, and surpassing the peak growth rate of 7.4% seen in the period between 2012 and 2016, according to research firm MarketLine.
As part of the airline’s plans to base two further aircraft at the airport next summer, Wizz Air will add two routes from its Budapest base for S18, namely to Stavanger and Basel. Services to the Norwegian city will be flown twice-weekly from 15 March next year, while the Swiss city sector will be operated five times weekly from 3 May.
Algerian carrier enhances 737 fleet, positioning airline for future growth
LE BOURGET, France, June 22, 2017 /PRNewswire/ — Boeing (NYSE:BA) and Tassili Airlines today announced an order for three Next-Generation 737-800 airplanes, valued at over $294 million at list prices, at the 2017 Paris Air Show. The order was previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website.
Some of the latest gaming technologies, including commercially available interactive headsets and gloves, are being used in conjunction with advanced military aircraft simulators and F1™ engineering at BAE Systems’ brand new and state-of-the-art multi-million pound cockpit development and training facility.
LE BOURGET, France, June 22, 2017 /PRNewswire/ — Boeing [NYSE: BA] has signed an agreement with an unidentified major airline customer for 125 737 MAX 8 airplanes, valued at more than $14 billion at list prices. The agreement also includes purchase rights for an additional 50 airplanes.
— Airplane and services orders underscore market strength
— Data analytics, technology, product innovations highlighted
LE BOURGET, France, June 22, 2017 /PRNewswire/ — Boeing (NYSE: BA) strengthened its market position with important announcements and multi-billion dollar orders and commitments for commercial airplanes and commercial and defense services at the 2017 Paris Air Show.