In August 2011 Iran Air began focusing on privatization to create a corporate structure allowing the airline to skirt U.S. economic sanctions. While Iran Air has brilliantly maneuvered around sanctions, since they went into place in 1979, the airline has been placed in an extremely tough situation since the 1995 implementation of Total Embargo…
For the past few months on a nearly daily basis the same image appears somewhere in my Twitterstream, Facebook Wall, Google + feed or in my email box … often more than once a day. The photo is a beautiful image of dozens of aircraft lifting off from Runway 27L at Germany’s Hannover-Langenhagen Airport. The…
On December 17th 1903, a morning, not unlike today, sustained and controlled heavier-than-air powered flight become a reality in Kill Devil Hills, Dare County, North Carolina, when Orville and Wilbur Wright launched the Wright Flyer into the skies and into history. The Wright Brothers’ Wright Flyer, 21 feet 1 inch long, constructed of giant spruce…
The Boeing 737 has been in the skies long before my birth and certainly long before my birth and certainly long before the birth of my son Max. The Boeing 737 hit the drawing board on the 11th of May 1964, first took to the skies on the 9th of April 1967 and entered…
American Airlines was founded in 1934 and has long been America’s premier flagship airline. … or so Page 3, Section I, item 5 says in AMR’s bankruptcy filing that was submitted to U.S. Bankruptcy Court, in the Southern District of New York this morning. In fact American Airlines was founded in 1930 as American…
The Export-Import Bank of the United States (EXIM) is the U.S. Government’s export credit agency, tasked with the mission of providing financial assistance in support of the export of products from the U.S. to international markets. The EXIM Bank allows for pre-export financing, with no transaction considered to large or small for the bank with…
Airlines in the Gulf Region have witnessed massive growth over the past decade. Carriers expanding from regional networks that were largely ignored by American, European and Asian airlines expanded into massive global networks that seemingly overnight overtook the established global powerhouses … and in some cases these airlines came literally out of no where. …
Fifty-three years ago today, on the evening of October 26th 1958, crowds gathered to witness history, the first Boeing 707-121 commercial passenger flight. Pan Am’s “Clipper America” (N709PA) flew from Pan Am’s Wordport, at New York’s Idlewild Airport to Paris’ Le Bourget Airport with 11 crewmembers and 111 passengers for eight-and-a-half hours. The Boeing 707’s…
There is the old saying that someone should not count their chickens before they hatch … although in the case of Air India it seems that not only did the airline believe they’d be admitted into Star Alliance on the 31st of July, many of the alliance’s member airlines believed Air India would be joining…
Iran’s national flag carrier Iran Air has masterfully skirted U.S. economic sanctions since they were first implemented in 1979. Since 1979, when the United States implemented its first economic sanctions against Iran, in response to the Iranian Revolution overthrowing the Shah of Iran, Iran Air has operated significant American made Boeing fleet. Currently Iran…
