Cobalt to fly by the end of March
Cobalt, the new Cypriot low-cost carrier, is planning to start operations at the end of March, once its air operator’s certificate (AOC) is finalized. CEO Andrew Pyne told media that the airline is “9...
Cobalt, the new Cypriot low-cost carrier, is planning to start operations at the end of March, once its air operator’s certificate (AOC) is finalized. CEO Andrew Pyne told media that the airline is “9...
Norwegian reported a high load factor throughout 2015, which averaged at 86 per cent. The pre-tax result improved by 1.7 BNOK (£137 million), compared with last year. In 2015, the company reported a n...
Finnair has reported its revenue grew by 5.9% year-on-year to €585.5 million during the three months to December 2015. The airline’s operational result was €0.8 million euros during the quarter with a...
IATA has published its January report of the Airlines Financial Monitor The key points are: • Worldwide airline share prices fell by 10% in January, alongside widespread sell-offs in global financi...
Although it had previously agreed to sell a 61% in TAP to the Atlantic Gateway consortium—comprising JetBlue Airways and Azul Brazilian Airlines founder David Neeleman and Portuguese bus company Barra...
Nordic Aviation Capital has sold one ATR 72-500, MSN 494, to Swiftair in Spain. ...
FPG Amentum delivers one Airbus A330-200 (MSN 970) to SATA International (SATA). The aircraft is owned by one of FPG Amentum’s investor customers and has been delivered to SATA on a long-term operatin...
The International Air Transport Association (IATA) announced global passenger traffic results for 2015 showing demand (revenue passenger kilometers or RPKs) rose 6.5% for the full year compared to 201...
During January 2016, easyJet flew 4,276,821 passengers, an increase of 6.3% compared to the prior-year period. Load factor was relatively flat, down only slightly by 0.1 percentage point to 85%. On a ...
Confirming the comments of Willie Walsh, CEO of IAG, at the Airline Economics Growth Frontiers Dublin 2016 conference, British Airways is the latest international airliner to announce it will resume f...
CargoLogicAir (CLA), the new British all-cargo airline, has been awarded an Air Operator Certificate (AOC) by the UK Civil Aviation Authority. Headquartered at London’s Stansted Airport, CLA is an ind...
MTU Aero Engines in Munich has completed the first development turbine center frame (TCF for short) to go into the GE9X engine. “In this engine program, we are not only responsible for the manufacture...
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