Latest news with #LeBourget
Independent Singapore
a day ago
- Business
- Independent Singapore
'2nd isn't a bad thing': Singapore Airlines named world's second best airline for 2025
Photo: Depositphotos/Wirestock SINGAPORE: Singapore Airlines (SIA) has been ranked the world's second-best airline for 2025 by United Kingdom-based airline consultancy Skytrax. This year's 'Oscars of the aviation industry' was announced during a gala ceremony on June 17 at the Paris Air Show, in the Air and Space Museum's art deco Hall of Eight Columns of Le Bourget airport. In 2023, SIA was named the World's Best Airline for the fifth time. The number one spot this year went to Qatar Airways, marking its ninth win. Cathay Pacific, Emirates, and ANA (All Nippon Airways) came in third to fifth, respectively. SIA also took the top spot for this year's World's Best Cabin Crew, World's Best First Class Airline, and World's Best Business Class Airline, while placing third in the World's Best Economy Class Airline. Singapore's flagship carrier also scooped the accolade for the Best Airline in Asia. Meanwhile, its low-cost arm, Scoot, was awarded the World's Best Long-Haul Low-Cost Airline. See also From Qatar Airways to AirAsia X in Mauritius, a pattern emerge! Some Singaporeans online reacted by saying, 'Well deserved. Qatar's Qsuite blows SQ's business class out of the water any day of the week.' Despite being named the best business class airline, some commenters noted how 'cramped' SIA's seats have become, with one saying its 'business class is getting worse and worse as the years go by'. 'I don't like how claustrophobic the new A380 seat is and how it lacks privacy, so we get the worst of both worlds there. Also uncomfortable to sleep on. Hopefully, the new 2026 seat isn't as narrow as the current A380 seat,' he added. Another added, 'Hate how you have to get out of your seat to turn it into a bed in SQ. Plus the very cramped footwell, and the usually ridiculously high prices.' Still, one commenter pointed out, 'Anyway, 2nd isn't a bad thing in my opinion. It provides additional drive to SQ to improve, which is needed.' /TISG See also HSBC's high-stakes gamble: The future of banking in Asia Read also: Scoot to take over Jetstar Asia's Okinawa and Labuan Bajo routes Featured image by Depositphotos
New York Times
2 days ago
- Business
- New York Times
Boeing Keeps Low Profile at Paris Air Show as Airbus Announces Deals
Every other year, thousands of visitors flock to a Paris suburb for the Paris Air Show, one of the aerospace industry's biggest events. The atmosphere is typically celebratory, but the recent deadly crash of an Air India flight cast a shadow over the show this week. The contrasting moods were apparent in the rivalry between two of the show's most prominent aircraft manufacturers: Airbus and Boeing. Airbus said it had withheld some announcements, but still promoted a wave of orders for new commercial jets. Boeing kept an unusually low profile, reporting no deals. The company said it had canceled some plans out of respect for those killed in the crash of Air India Flight 171 last week, which involved one of its 787 Dreamliner jets. The cause of the crash, in which at least 270 people died in the plane and on the ground, has yet to be determined. But it comes at a delicate moment for Boeing, which had appeared to be moving past a series of setbacks in recent years. The company reported nearly 350 orders last month, some of which were part of a trade deal between the United States and Britain. That made May Boeing's best month for sales in a year and a half. Boeing also reached a crucial production target last month for its most popular plane, the 737 Max. At the show, held at Le Bourget Airport, companies show off their products and executives negotiate deals in back rooms. The long, hot days are punctuated by the roar of commercial and military jets flying overhead, attracting crowds of onlookers. Boeing's chief executive, Kelly Ortberg, and the head of its commercial plane unit, Stephanie Pope, were scheduled to attend, but canceled their plans to 'be with our team, and focus on our customer and the investigation,' Mr. Ortberg wrote in a message to employees after the crash. The company was still in attendance, but it made no major announcements, even though it might have been preparing some deals privately in the weeks before the show. In a building where Boeing hosted meetings with customers and suppliers, bouquets of red and white roses were placed in the entry halls alongside a silver-framed homage that read: 'Honoring those affected by Air India Flight 171.' Want all of The Times? Subscribe.
Yahoo
3 days ago
- Business
- Yahoo
INDRA SIGNS AGREEMENT WITH AXISCADES TO BOOST PRODUCTION OF CUTTING-EDGE SYSTEMS IN INDIA
Indra, a European-based global leader in defense, aerospace, and strategic systems, and AXISCADES a prominent technology solutions provider in defense, aerospace and strategic electronics, are proud to announce a strategic alliance. Indra is keen to acquire defense-related products and services from AXISCADES, which will be delivered through AXISCADES' comprehensive design, development, production, and supply chain center. Both companies are actively exploring joint product development for the Indian and global markets, potentially adapting existing Indra products or creating new ones specifically tailored to meet customer needs. PARIS, June 17, 2025 /PRNewswire/ -- Paris Air Show -- Indra and the Indian technology company AXISCADES have signed an agreement to collaborate on the production of solutions for the aerospace and defense markets. Indra's CEO, José Vicente de los Mozos, and AXISCADES' Chairman, Dr. Sampath Ravinarayanan, signed the Memorandum of Understanding at the Aerospace Show taking place this week in Le Bourget, in the presence of Indra Chairman, Angel Escribano, and AXISCADES CEO & MD, Alfonso Martínez. The agreement aims to manufacture in India several Indra solutions, such as antennas for its Tactical Air Navigation Systems (TACAN), Distance Measuring Equipment (DME) that provides in-flight information to aircraft, and countermeasure systems, as part of a broader system designed by Indra to protect aircraft in flight from potential missile attacks using guided systems, such as the well-known MANPADS. The collaboration between the two companies strengthens Indra's position in the global aerospace systems market and its network of alliances with companies worldwide. At the same time, Indra contributes to enhancing the capabilities of Indian companies, in a country where it has maintained a strong presence for years as a provider of cutting-edge systems and technologies across various sectors. Notable achievements include systems delivered to the country's Armed Forces and projects for the modernization of civil air traffic management. Indra and AXISCADES are evaluating collaborations in MPA Airborne Solutions and exploring a dedicated partnership for DRDO CABS MRMR and MMMA programs. About AXISCADES AXISCADES is a leading technology and product company with over 25 years of experience in the aerospace, defense, and ESAI (Electronic Systems and Industrial Automation) sectors. It offers cutting-edge solutions ranging from conceptual design to manufacturing and certification, making it a preferred partner for OEMs (Original Equipment Manufacturers) and Tier 1 suppliers in these industries. Photo - - View original content to download multimedia: SOURCE AXISCADES Technologies Limited Sign in to access your portfolio
Zawya
4 days ago
- Business
- Zawya
Bahrain Airport Company signs MoU with Valo Aviation, at Paris Airshow 2025
Le Bourget, Paris: His Excellency Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, affirmed the Kingdom of Bahrain's continued commitment to the development of the business aviation sector as an integral part of the national air transport system, in line with regional and international advancements in the aviation industry. His Excellency stated that the support extended to business aviation falls within the framework of the Kingdom's strategic direction to establish an advanced and competitive operational environment—enhancing the Kingdom of Bahrain's position as a regional hub, attracting international investments and operators, and contributing to the diversification and sustainability of the national economy. His Excellency further highlighted that providing dedicated infrastructure and advanced facilities for business aviation services constitutes a key pillar in reinforcing Bahrain International Airport's (BIA) status as a flexible and efficient hub for this segment. He emphasized that this new partnership reflects the growing confidence of specialized companies in the operational environment in the Kingdom of Bahrain and strengthens the ongoing collaboration between the Ministry of Transportation and Telecommunications and Gulf Air Group (GFG) to advance the Kingdom's aviation sector across all fields. The Memorandum of Understanding was signed in the presence of His Excellency Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications. It was signed by Mr. Jeffrey Goh, Chief Executive Officer of GFG, and Ms. Hanna Hakamo, Chief Executive Officer of Valo Aviation. The MOU aims to enable Valo Aviation to develop a dedicated maintenance and repair hangar for business jets on a plot of land approximately 6,000 square meters in size, in accordance with approved technical standards and regulations. This initiative is part of Valo Aviation's strategy to expand its presence in hangar and MRO services, supporting the long-term sustainability and efficiency of its operations in the Kingdom of Bahrain. Gulf Air Group Chairman, Mr. Khalid Hussain Taqi affirmed that this partnership aligns with the Group's strategic vision to enhance the Kingdom of Bahrain's position as a regional hub for high-level specialized air services. He noted that supporting advanced aviation infrastructure is vital as part of the Group's long-term plan, which aims to diversify air services and attract private sector investments. He welcomed Valo Aviation's commitment to the Kingdom of Bahrain, which demonstrates growing confidence from local and international operators and their trust in the Kingdom's regulatory and operational environment. This partnership will strengthen efforts to build a sustainable aviation system, meet future needs, and balance operational efficiency with commercial appeal. Mr. Jeffrey Goh, Chief Executive Officer of GFG, highlighted that this memorandum of understanding with Valo Aviation represents an important milestone in the development of business aviation services at Bahrain International Airport. He pointed out that allocating the development requirements reflects BAC's commitment to providing tailored infrastructure for our partners' operational needs. This initiative aligns with the airport development plans, aiming to ensure continued attractiveness for business aviation providers. Enabling such facilities builds an integrated system, supporting operators and enhancing the Kingdom's appeal for aviation investment. Ms. Hanna Hakamo, Chief Executive Officer, Valo Aviation, praised the Kingdom of Bahrain's strategic location and its plans for developing the aviation sector, adding that this project is not only an operational achievement for Valo Aviation but also a long-term investment in infrastructure that supports the broader growth of the business aviation sector in the Kingdom About Bahrain Airport Company (BAC) Bahrain Airport Company (BAC) is the operator and managing body of Bahrain International Airport (BIA), the gateway that connects the Kingdom with the world. Tasked with developing the airport's infrastructure, facilities, and commercial offerings, BAC has transformed BIA into the most modern boutique airport in the Gulf. With a strong focus on innovation, efficiency, and culture, BAC's goal is to ensure that BIA stands out as a best-in-class airport that reflects the Kingdom's distinct character and strengthens its position as a financial, cultural, and aviation center in the region. Since assuming the responsibility of managing and operating the airport in 2010, BAC has cemented BIA's reputation as an attractive hub for airlines and passengers.
The National
4 days ago
- Business
- The National
Paris Air Show: Saudi lessor AviLease orders up to 77 Airbus planes
Saudi plane lessor AviLease has signed a deal for up to 77 Airbus planes, featuring a mix of freighters and narrow-body passenger jets, as it seeks to become one of the world's top 10 lessors by 2030. The company signed an initial firm order for 10 A350F, the freighter variant of the A350 platform, along with 30 A321 Neo and A320 Neo planes during the first day of the Paris Air Show at Le Bourget. This could increase to 22 A350Fs and 55 A320 Neo jets, with added options included. The airline declined to disclose the value of the deal. "It was a very hard fought-battle on the A350 vs the [Boeing] 777," Edward O'Byrne, chief executive of AviLease, said at a press briefing. "Frankly, it was a very close discussion because the two deals on the table both had pros and cons." The company reviewed the offers from a technical, technology and economic standpoint and the A350F emerged as the winner, he said. Negotiations over the past few months were intense, said Benoit de Saint-Exupery, Airbus executive vice president in sales of the commercial aircraft business. The signing ceremony kicked off Airbus's deal-making at the Paris Air Show. AviLease has a fleet of nearly 200 aircraft, a mix of Boeing and Airbus jets. With a workforce of 90, it leases aircraft to 50 airlines in 30 countries. Established in 2022, AviLease is backed by Saudi Arabia's Public Investment Fund, which is supporting the kingdom's economic diversification plan to develop non-oil sectors such as aviation, logistics and tourism. AviLease is two years ahead of schedule for its goal to become one of the top 10 plane lessors by 2030, Mr O'Byrne said. The Airbus deal comes after Boeing signed a $4.8 billion deal with AviLease for 30 737-8 passenger planes. The deal was signed during US President Donald Trump's visit to Riyadh last month. The company expects the Airbus planes to be delivered between 2030 and 2033, its chief executive said. Airbus, which has been facing supply chain issues that delayed deliveries to some of its customers, is confident in handing over these jets in time, Mr Saint-Exupery said. While AviLease has not yet placed the jets with airline customers, Mr O'Byrne told The National the priority is for discussions with Saudi airlines and then global carriers. "We started discussions and there is a big potential growth in Saudi markets," he said. The kingdom's aviation strategy calls for more than doubling its cargo and logistics infrastructure, he added. "Saudi Arabia is clearly accelerating its economy, its diversification, and we need the infrastructure to support both cargo and passenger side," he said. He highlighted the "tremendous" size of investment in airports and logistics. In April, Riyadh Air said it was considering an order for dedicated freighters after it makes a decision on an order for wide-body passenger planes. The AviLease boss also said a vast wave of older freighters is being retired, combined with production limitations at Boeing and Airbus, creating a "market need" globally beyond Saudi Arabia. Airbus is expected to dominate this year's Paris Air Show, as Boeing executives cancelled plans to attend after an Air India crash killed all but one of 242 people on board the US-built plane.
