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Inside The Reuben Brothers’ Aviation Empire!

21May

By Alya KulikovaNo Comments

Analysis

Inside The Reuben Brothers’ Aviation Empire!

Best known for their extensive property empire, the Reuben Brothers are also at the helm of a rather impressive aviation empire, consisting of an airport, a heliport and a now-defunct airline. Though not as large as the aviation holdings owned by a solely-aviation investor Kenn Ricci, the brothers' aviation empire neatly fits into the brothers' real estate holdings without suffering overdiversification problems. (adsbygoogle = window.adsbygoogle || []).push({}); Who Are The Reuben Brothers? The Reuben Brothers - David and Simon - are Indian-born British businessmen and property investors worth an estimated £16 billion ($20 billion), whose properties include London's Millbank Tower, AMEX's London HQ and Hampton House. Born in Bombay (now Mumbai), India in 19...

Why Ihor Kolomoisky’s Airline Empire Fell

30Apr

By Alya KulikovaNo Comments

Analysis

Why Ihor Kolomoisky’s Airline Empire Fell

Relatively unknown to people in the West, Ukrainian oligarch Ihor Kolomoisky once owned an airline empire that spanned Europe. But then, he threw it all away... And whilst there are rumors he maintains ownership of a few airlines to this day, it is impossible to prove these claims and the fact of the matter remains: the airlines he once owned openly are no more. (adsbygoogle = window.adsbygoogle || []).push({}); Who is Ihor Kolomoisky? Unlike other airline moguls like Michael O'Leary and Richard Branson, Ihor Kolomoisky isn't exactly a household name in the West, even if he is in his native Ukraine. Born into a Jewish family of engineers in Dnipropetrovsk (modern day Dnipro), then in the Ukrainian SSR in the Soviet Union, Ihor followed in his parent's fo...

How to Start an Airline in 7 Easy Steps!

10Nov

By Salomón Marco2 Comments

Airlines

How to Start an Airline in 7 Easy Steps!

It's often said that you're either a genius or completely mad if you want to start an airline. So for those geniuses or whack jobs out there, how exactly do you start your own airline? But it's not just about starting your own airline, it's about running it well and making sure to always stay one step ahead of the competition. One wrong step and you can easily join the long list of airlines that have failed for one reason or another. (adsbygoogle = window.adsbygoogle || []).push({}); 7. Have an Interest in Aviation Though obvious and often overlooked, any prospective airline entrepreneur should have an interest in aviation, just as a prospective tech entrepreneur should have for the tech industry, or a media entrepreneur for the media industry. Most prospec...

Does airline consolidation make sense in the 21st Century?

12Feb

By Christopher HarrowNo Comments

Analysis

Does airline consolidation make sense in the 21st Century?

The first part of the 21st century has been a turbulent time for the aviation industry. The past twenty years have seen it all, from more airline consolidation, to major disasters, to more bankruptcies. The former is naturally quite a worrying prospect for some, but how dangerous is it really? Is it even dangerous? And when does airline consolidation make sense? (adsbygoogle = window.adsbygoogle || []).push({}); Many people are worried by the rise of the three major airline alliances- Star Alliance, Oneworld and SkyTeam, which aren't owned by any one individual or company. So the prospect of many smaller airlines banding together to become one large airline, or several larger airlines coming together to become one, is a scary prospect. In the 21st Century, some a...

What is the future of aviation? Aviation in 10 years…

16Nov

By Christopher Harrow2 Comments

Analysis

What is the future of aviation? Aviation in 10 years…

We have had aviation for over 100, since the Wright Brothers first flew in 1903, but what about the future of aviation? What can we expect of aviation in the next 10 years or so? The future of aviation can really be broken down into 5 key points: Environmental Speed Efficiency Size The death of the Hub and Spoke theory What is the future of aviation environmentally? Aviation has grown exponentially in the last 10 years, but the next 10 years will be the most significant for the industry. Aviation is currently the main focus of environmental activist groups. They believe that not enough is being done to curb the amount of CO2 being pumped into the atmosphere by our aircraft. This is something that they believe has to change now. They propose that regional ...

Why have low cost long-haul airlines gone under in the last 5 years?

2Nov

By Christopher Harrow2 Comments

Airlines

Why have low cost long-haul airlines gone under in the last 5 years?

Airlines going under isn’t a new thing, since the first airlines started, some airlines have gone under. But this phenomenon of low cost long-haul airlines going under has been exasperated in the past 5 years. So, why have low cost long-haul airlines gone under in the last 5 years? Most of the time, airlines have gone under due to poor management of finances, but the past 5 years have proven different. Whilst poor financial management may have been a factor, the main issue is sustainability. Most of the airlines that have gone under have been low cost long-haul airlines. These m are not usually your typical low cost airlines like Ryanair or EasyJet, but are usually low cost and long-haul airlines. Think along the lines of Wow Air, Thomas Cook and Primera Air- all of these had the same...