Icelandair reports a difficult operating year
Icelandair has reported a loss after tax of US$76.5 million for 2018 compared to a profit of $37.5 million in 2017. Total income rose by 7% to $1,511 million. 2018 EBITDA was $76.5 million, compared t...
Icelandair has reported a loss after tax of US$76.5 million for 2018 compared to a profit of $37.5 million in 2017. Total income rose by 7% to $1,511 million. 2018 EBITDA was $76.5 million, compared t...
Although the EU already has an emissions trading scheme (ETS) in place, a new paper from the Dutch government does not believe this goes far enough to counter the emissions from aviation, and without ...
Jet Airways has confirmed that four of its aircraft have been grounded due to non-payment of lease rentals. "The company is actively engaged with all its aircraft lessors and regularly provides them w...
Taiwan’s China Airlines was forced to cancel at least 18 flights over the next few days as its pilots went on strike in the middle of the Lunar New Year. Hundreds of the 1,300 pilots are reported to h...
Curtiss-Wright Corporation and Honeywell have partnered to develop an entirely new way for airlines to monitor and analyse flight data. The companies will use real-time connectivity to reinvent the Co...
Delta Air Lines has declared a quarterly dividend of $0.35 per share. The dividend is payable to shareholders of record as of the close of business on Mar. 1, 2019 and will be paid on Mar. 22, 2019. ...
Azul, the Brazilian airline, grew its consolidated passenger traffic (RPKs) by 13.5% in January 2019 compared to January 2018 on a capacity increase (ASKs) of 15.9% resulting in a load factor of 83.5%...
UK regional airline Flybe has told shareholders that unless they approve the sale of the company to Connect Airways – the consortium of Virgin Atlantic, Stobart Air and an investment firm – the compan...
In a recent FT article, Meg Whitman – the tech executive, ex HP CEO – said that all businesses need to think, “who’s coming to kill me?” Likewise, Lisa Bodell, writing in Forbes, has pioneered a techn...
Latvian airline airBaltic has mandated global investment bank Greenhill to evaluate financing options for the future development of the airline, which includes the search for a potential new investor....
Virgin Australia has announced the appointment of Paul Scurrah as chief executive officer and managing director of the Virgin Australia Group, following an extensive global search. Virgin Australia Gr...
Qantas has signed a new distribution agreement with Amadeus, that includes a private channel. The private channel will be known as the Qantas Channel and will come into effect on 1st August 2019. The ...
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