Latest News for: Demand jet

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Bankers see private-jet 'party' as rich clients snap up planes

Straits Times 18 Jun 2021
WASHINGTON (BLOOMBERG) - The coronavirus pandemic has created an overhang of pent-up travel demand and left unspent money burning holes in the pockets of the well-to-do. Put the two together and the result is a hunger for private jets ... They have pent-up demand," she said.
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How this company lured employees back to offices - Pianos, pods for coffee breaks...

Live Mint 18 Jun 2021
Premium Premium Boeing’s largest 737 Max jet poised to take first flight ... DHFL, HDFC Bank, Jet Airways, Kotak Ma .... “We are seeing really strong demand for office space in high-quality buildings such as Brookfield Place Sydney," Fallman said ... uptick in demand from big tech firms.
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Indonesia carrier Garuda's shares halted over bond default

Straits Times 18 Jun 2021
The Jakarta-based bourse cited Garuda's default on a US$500 million Islamic bond, known as sukuk, for suspending share trading "until further notice" ... State-controlled Garuda has been posting mounting losses as it grounded dozens of its 142 jets due to travel restrictions and slumping demand ... More on this topic. � ....
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Abu Dhabi's Royal Jet will expand fleet by summer - if COVID-19 travel restrictions go

Gulf News 17 Jun 2021
Abu Dhabi’s Royal Jet will expand its fleet this summer to tap ‘pent-up’ demand on certain routes – but that can only happen if restrictions are removed ... Although Dubai became a top destination for travellers wanting to escape the lockdowns in UK and Europe, private jet demand to fly to Abu Dhabi dragged for most of 2020.
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Abu Dhabi's Royal Jet to recover 80% of pre-pandemic flight movements by year-end, CEO says

The National 17 Jun 2021
Abu Dhabi's premium private jet operator Royal Jet expects to recover 75 to to 80 per cent of its pre-pandemic flight movements by the end of the year, driven by faster vaccinations and pent-up demand from VVIPs ... Private jet companies are witnessing an uptick in demand as ...
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U.S. Global Investors Announces Launch of Europe’s First Airlines Industry ETF with Strategic ...

Omaha World-Herald 17 Jun 2021
Global Jets UCITS ETF (JETS) launched today on the London Stock Exchange (LSE) ... Global Jets ETF (JETS), a U.S.-based exchange-traded fund that invests in not just carriers around the world but also airport services companies and aircraft manufacturers ... Global Jets ETF ... is the investment adviser to the JETS and GOAU ETF.
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Highlights of the 17-year Airbus, Boeing trade war

Metro USA 17 Jun 2021
The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to “prohibited” export subsidies ... Britain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S.
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Dubai to support Emirates airline as coronavirus hits global aviation industry

The National 17 Jun 2021
Tighter travel bans and the dramatic collapse of air travel demand forced operators to ground jets and axe jobs in efforts to preserve cash ... 290 airlines worldwide, estimates carriers will lose $252 billion in passenger revenue in 2020 as air travel demand plunges 38 per cent.
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ExOne Metal 3D Printing Adoption Center Surpasses 2 Million Parts, Adds New Systems for Stainless ...

Daily Freeman 16 Jun 2021
What is Binder Jet 3D Printing? ... Binder jetting can create 3D objects in metal, sand, ceramic or other powders ... As home to the world’s leading team of binder jetting experts, ExOne also provides specialized 3D printing services, including on-demand production of mission-critical parts, as well as engineering and design consulting.
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Magellan Jets Elevates Sustainability Commitment With Comprehensive, Achievable Roadmap

Omaha World-Herald 16 Jun 2021
About Magellan Jets. Magellan Jets is a Boston-based private aviation solution provider built on a commitment to core values. Founded in 2008, Magellan Jets’ innovative model offers jet card ownership, jet membership, and on-demand charter services designed to provide the freedom and exceptional personalized service that private travelers expect.
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Lufthansa Puts 12 Airbus A340s Up For Sale

Simple Flying 16 Jun 2021
The jets were sent for long-term storage by the flag carrier in May 2020 and have since been formally retired ... Lufthansa has said goodbye to most of its four-engines jets as the pandemic shrinks demand for years to come ... It’s unclear why only the newest and oldest jets are going on sale.
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Fuel, power demand rebound in June as states lift curbs

The Times of India 16 Jun 2021
India’s fuel and power demand bounced back in June as states lifted curbs on the back of declining Covid-19 cases across the country, market and government data show ... Jet fuel consumption during the first half of June was sequentially down 17% from the same period of May and 13% lower than a year ago.
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Pre-owned business jet shortage drives sellers' market, demand for new luxury planes

Reuters 15 Jun 2021
That is expected to push up demand for new jets from planemakers like General Dynamics Corp's (GD.N) Gulfstream, Textron Inc (TXT.N) and Bombardier Inc (BBDb.TO) since buyers have fewer pre-owned options, and the price gap between old and new narrows ... in business jet demand.
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Pre-owned business jet shortage lifts private plane sales

New York Post 15 Jun 2021
That is expected to push up demand for new jets from planemakers like General Dynamics Corp’s Gulfstream, Textron and Bombardier since buyers have fewer pre-owned options, and the price gap between old and new narrows ... Textron in April raised its full-year profit forecast, propelled by a rebound in business jet demand.
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Pre-owned business jet shortage drives sellers’ market, demand for new luxury planes

Metro USA 15 Jun 2021
That is expected to push up demand for new jets from planemakers like General Dynamics Corp’s Gulfstream, Textron Inc and Bombardier Inc since buyers have fewer pre-owned options, and the price gap between old and new narrows ... Textron in April raised its full-year profit forecast, propelled by a rebound in business jet demand.
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