The European Commission is expected to turn down the Maltese government’s proposal to inject €100 million into Air Malta’s shareholding capital. The Maltese government now has no option but to go f...
Estonian Air has reaffirmed an order with Bombardier for three CRJ900s with options for two more. This new agreement replaces a firm order for three CRJ900s announced on March 10, 2008 as part of a ...
Iberia has posted consolidated net profit of €74 million ($103 million), from a €16 million deficit for the same period last year. Revenues increased by 15.8% to €1.35 billion. Operating expenses ro...
Ryanair has just posted a half-year profit of £393m fuelled by a 12 per cent hike in average fares and a 22% increase in ancillary revenues. In addition the airline saw a 10 per cent increase in pa...
Russian deputy prime minister Sergei Ivanov has stated that a large number of counterfeit spare parts for the aviation industry enter Russia from former Soviet republics and are jeopardising flight sa...
United Technologies profits are on an upward trend. The company reported profits of $1.2 billion in Q3, an increase of 13% over results posted for the same quarter in 2009. The parts supplier credits ...
General Electric results for the third quarter were disappointing. Revenue was down 5% to $35.9 billion, with profit tumbling 18% to $2.1 billion compared to the same period in 2009. GE says sales in ...
Finnair has reported a net profit of €32.4 million ($45 million) in the third quarter following a run of losses. The airline credited strong growth in business travel between Asia and Europe for the r...
In a welcome more, Aer Lingus has announced it is launching flights to Paris Charles de Gaulle from Shannon Airport. Services to Paris will commence on December 17, which will provide a much needed b...
Bmi and Austrian Airlines, both owned by Lufthansa, have posted quarterly profits – the first time since acquired by the German carrier. For the three months ending September 30, Austrian Airlines’ op...
Aeroflot will not take delivery of any Sukhoi Superjet-100 aircraft this year due to more delays. Aeroflot, the launch customer for the new aircraft type with an order for 30 SSJ100s, says that the ai...
Figures released from the UK Civil Aviation Authority show that one in ten easyJet flights were 10 minutes late on average and flights between London and Edinburgh were almost 20 minutes late on avera...
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