Articles by Franco Grobler

NEWS Feb 02, 2024 Athens Airport Raises €785 Million in IPO Amid High Passenger Traffic, Including New Flights From Chicago Athens International Airport (AIA) completed its initial public offering (IPO) on January 25, raising a staggering €785 million ($848 million) in a landmark deal. This impressive sum surpasses initial expectations and marks the biggest listing on the Greek stock exchange since 2000, signifying a significant vote of confidence in the airport's future and the broader Greek tourism industry. Read More →

NEWS Jan 31, 2024 Boeing Reports Fourth Quarter Earnings After Suspending Guidance Amid 737 MAX 9 Crisis Boeing's fourth quarter (Q4) earnings report was volatile, with both financial turbulence and a shocking U-turn on their 2024 forecast. Still reeling from recent safety issues, the aerospace giant released results showing continued financial losses and a decision to ditch their financial predictions for 2024. This move is unprecedented in recent company history and sent shockwaves through the industry, raising questions about Boeing's future and the factors behind this bold decision. Read More →

NEWS Jan 31, 2024 United Airlines Boeing 737-800 Flight Diverts to Denver After Cracked Windshield Discovered A routine flight from Harry Reid International Airport (LAS) in Las Vegas to Washington Dulles International Airport (IAD) took an unexpected turn on January 28. A United Airlines Boeing 737-800 carrying 166 passengers and seven crew members was forced to divert to Denver International Airport (DEN) due to a crack in the windshield that was discovered. Read More →

NEWS Jan 28, 2024 Embattled Brazilian Low-Cost Carrier GOL Files for Chapter 11 Bankruptcy Gol Linhas Aereas Inteligentes SA (GOL), Brazil's largest low-cost carrier, filed for Chapter 11 bankruptcy protection in the U.S. on January 25. Although many industry analysts already expected GOL to file for bankruptcy, the move highlights airlines' enduring challenges due to the COVID-19 pandemic and broader economic uncertainties. Read More →

NEWS Jan 27, 2024 El Al Suspends Flights to South Africa After ICJ Ruling on Gaza War El Al Israel Airlines announced the suspension of its Johannesburg route at the end of March. This decision is attributed to a significant drop in demand, which comes amidst ongoing tensions between Israel and South Africa regarding the International Court of Justice (ICJ) case on alleged Israeli human rights violations in the Palestinian territories. Read More →

NEWS Jan 26, 2024 Virgin Atlantic Flight Grounded After Passenger Spots Four Missing Bolts on Wing On January 15, a Virgin Atlantic flight from Manchester Airport (MAN) to New York City's JFK Airport (JFK) was canceled moments before takeoff after an observant passenger spotted four missing bolts on the Airbus A330's wing. Read More →

INFORMATIONAL Jan 25, 2024 How Boeing's Race for Profits Created Safety and Quality Issues Once a symbol of American aviation prowess, Boeing is in a tailspin of controversy and financial woes. The once-unthinkable prospect of a competitor like Airbus surpassing its market dominance now looms large, fueled by troubling revelations that point to a company prioritizing profits over safety and quality. Read More →

NEWS Jan 23, 2024 Aviation Accidents and Fatalities Reached Record Low in 2023 Aviation's history is intertwined with risk, with tragedies that challenged the industry's confidence in conquering the skies. However, aviation achieved a major milestone in 2023, supporting the tireless pursuit of safety in the skies. With zero major commercial jet crashes in 2023, it is a testament to countless individuals' relentless efforts, from engineers crafting ever-more sophisticated aircraft to pilots honing their skills in rigorous training programs. Read More →

NEWS Jan 19, 2024 VIDEO: Atlas Air Boeing 747-8 Suffers Engine Failure After Takeoff From Miami In a startling turn of events, an Atlas Air Boeing 747-8 made an emergency landing at Miami International Airport (MIA) on Thursday evening after an engine fire. Read More →

NEWS Jan 19, 2024 Akasa Air Orders 150 Boeing 737 MAX Aircraft Amid Rapid Expansion India's aviation industry is growing rapidly, with Akasa Air playing a major role in this transformation. At the Wings India airshow in Hyderabad, the young airline placed a large order for 150 Boeing 737 MAX aircraft. This landmark deal propels Akasa Air's ambitious expansion plans and injects much-needed confidence into Boeing's 737 MAX program after recent incidents. Read More →

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