Aegean Airlines preps bond issuance

Aegean Airlines preps bond issuance

🕔15:52, 28.Feb 2019

Aegean Airlines is preparing to issue a €150-200 million common bond loan through a public offering. The airline said that the implementation of the transaction will depend on market conditions. The Greek airline has recently announced seven new destinations and

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IATA urged stakeholders to focus on global standards, information-sharing, risk-based analysis and emerging threats to secure aviation for decades to come.

IATA urged stakeholders to focus on global standards, information-sharing, risk-based analysis and emerging threats to secure aviation for decades to come.

🕔15:38, 28.Feb 2019

Global standards for aviation security were agreed by governments through the International Civil Aviation Organization (ICAO) and are codified in Annex 17 of the Chicago Convention. “It’s been 45 years since Annex 17 was added to the Chicago Convention. Still,

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Air France-KLM Group speaks out about Dutch share acquisition

Air France-KLM Group speaks out about Dutch share acquisition

🕔15:35, 28.Feb 2019

After the shock acquisition by the Dutch State of a 12.68% direct interest in Air France-KLM through the purchase of shares, the move has now been officially acknowledged by Air France-KLM Group Board of Directors (see yesterday’s news here: https://www.aviationnews-online.com/editorial-comment/the-dutch-state-acquires-12-68-of-air-france-klm-shares/).

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IAG reports strong 2018

IAG reports strong 2018

🕔15:29, 28.Feb 2019

International Consolidated Airlines Group (IAG) has reported a 9.5% increase in pre-tax profit for 2018, which rose to €3.2bn up from €2.95bn in 2017. Revenue was up 6.7% from €22.8bn in 2017 to €24,4bn; passenger revenue rose 6.2% across the

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IAG signs deal for up to 42 777Xs

IAG signs deal for up to 42 777Xs

🕔15:27, 28.Feb 2019

International Airlines Group, the parent company of British Airways, has committed to purchasing up to 42 777X airplanes, including 18 orders and 24 options. The commitment, valued at up to $18.6 billion at list prices, will be reflected on Boeing’s

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Rolls-Royce withdraws from NMA bid

Rolls-Royce withdraws from NMA bid

🕔15:24, 28.Feb 2019

Rolls-Royce has announced today that the company has decided to withdraw from the current competition to power Boeing’s proposed middle of the market – or New Midsize Airplane (NMA) – platform. In a statement Rolls-Royce said that although it believes

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Thai AirAsia denies NOK rumours; reports FY2018 results

Thai AirAsia denies NOK rumours; reports FY2018 results

🕔10:07, 28.Feb 2019

Asia Aviation Public Company, a major shareholder of Thai Air Asia, has publicly responded to rumours that it has acquired shares in Nok Air from the Jurangkool group. The company stressed that “it is currently considering whether such investment is

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AirAsia Group reports Q4 and 2018 results

AirAsia Group reports Q4 and 2018 results

🕔10:00, 28.Feb 2019

AirAsia Group Berhad has posted fourth quarter 2018 revenue of RM2.8bn, up 6% over the prior year period. The reason for the 21% capacity addition was to capture more market share and to secure airport slots that the Group wanted,

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Air New Zealand announces interim profit of $211 million

Air New Zealand announces interim profit of $211 million

🕔09:56, 28.Feb 2019

Air New Zealand has announced earnings before taxation of $211 million for the six month period ended 31 December 2018, compared to $323 million in the prior period. Net profit after taxation was $152 million. Shareholders of Air New Zealand

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Asia Pacific Airlines Traffic Results – January 2019

Asia Pacific Airlines Traffic Results – January 2019

🕔09:54, 28.Feb 2019

Preliminary traffic figures for the month of January released by the Association of Asia Pacific Airlines (AAPA) showed robust growth in international air passenger demand. However, international air cargo markets weakened further, with global new export orders contracting on the

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