Transport

The study confirms the vital role of air transport in facilitating over US$110 billion in exports, some US$140 billion in foreign direct investment and around US$9.2 billion in inbound leisure and business tourism for South Africa.

Aeroflot has again scooped the title of Best Airline in Eastern Europe at the Skytrax World Airline Awards, held today at the Paris International Air Show at Le Bourget. The Russian flag carrier took the title for the sixth time overall and the fifth year in a row.

Boeing [NYSE:BA] and Avolon, the international aircraft leasing company, today announced the signing of a Memorandum of Understanding (MOU) for 75 737 MAX 8s at the 2017 Paris Air Show.

Company Peugeot announced the debut in the Russian market of minivan Traveller. Sales of the new model will start on July 1st, its price starts from 1 999 000 rubles, reports the press service of the French company.

Boeing [NYSE: BA] and Kuwait-based ALAFCO Aviation Lease and Finance Company (ALAFCO) announced a commitment for 20 737 MAX 8s at the 2017 Paris Airshow, valued at $2.2 billion at current list prices.

Boeing (NYSE: BA) and Norwegian today announced at the 2017 Paris Air Show that the carrier has selected Boeing to provide all its flight training needs.

Lessor chooses Boeing to launch aviation leasing business, joins 737 MAX 10 launch customer group

The agreement involves the recognition of the pending rebalancing and an additional USD$250Mn investment plan to improve its current road network

Take a ride on Scania’s self-driving city bus, the first step towards a fully autonomous public transport system.

Rolls-Royce has despatched the Trent 7000 engines that will power the first flight of the Airbus A330neo.

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has completed the acquisition of four LR1 tankers (the “LR1 Vessels”) from Navig8 Product Tankers Inc (“NPTI”)

On Thursday, June 15, Ukraine International Airlines enhances its international route network by launching non-stop scheduled services between Kiev and Budapest. [Read more]