EasyJet reports 16% profit increase
UK low-cost carrier easyJet has reported a strong set of results with underlying profit before tax up by £60 million to £248 million despite a £100 million increase in unit fuel costs. The airline cre...
UK low-cost carrier easyJet has reported a strong set of results with underlying profit before tax up by £60 million to £248 million despite a £100 million increase in unit fuel costs. The airline cre...
Rolls-Royce has celebrated the delivery of the 1,000th Trent 700 engine to Cathay Pacific, which was the first airline to operate the Trent 700 in 1995. Since then, there are more than 1,400 engines e...
Russia’s NordStar Airlines has ordered an additional three ATR 42-600s to add to its earlier order for two ATR 42-600s and two options. The purchase of up to 7 ATR 42-600s (5 firm aircraft and 2 opt...
International Airlines Group has revised its long-term operating profit target to €1.5 billion in 2015. The increase comes on the back of a revision in the cost savings gained from the British Airways...
Suckling Airways, which was acquired by Loganair earlier this year, will be managed by Loganair chief executive David Harrison who will replace co-founder and managing director Merlyn Suckling when he...
The six-month delay of the launch of the new A350 aircraft has cost Airbus parent company EADS, €200 million, which impacted its third-quarter profits. The A350 will now enter service in the first ha...
German airline Lufthansa is launching a new daily service between Birmingham and Berlin from June next year. The new service will coincide with the opening of the new Berlin-Brandenburg Willy Brandt a...
After failing to reach any agreement with the Union of Cabin Crew and the General Workers Union even after several months of negotiations over the airline’s restructuring plans, Air Malta is now inten...
Air China, China Eastern, China Southern and Hainan Airlines are planning to jointly sue the European Union for its plan to charge airlines for carbon emissions. The move joins a similar legal challen...
Hexagon Metrology and Airbus parent EADS (European Aeronautic Defence and Space Company) have renewed their framework contract though till 2014, with respect to Hexagon Metrology's Leica Geosystems' p...
Aircastle has reported third quarter 2011 net income of $22.7 million, or $0.31 per diluted common share, and adjusted net income of $15.4 million, or $0.21 per diluted common share. Lease rental rev...
Baltic Aviation Systems (BAS) has issued a bid for state-owned, loss-making airline JAT Airways. BAS is a minority shareholder of Air Baltic, which is also making losses. The Serbian government exten...
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