Emirates profits fall
Emirates Airline reported an 82% fall in profit for its fiscal year 2016-17 to AED 1.3 billion (US$ 340 million), with a profit margin of 1.5%. Chairman and Chief Executive, Emirates Airline and Group...
Emirates Airline reported an 82% fall in profit for its fiscal year 2016-17 to AED 1.3 billion (US$ 340 million), with a profit margin of 1.5%. Chairman and Chief Executive, Emirates Airline and Group...
Fitch Ratings has assigned a rating of 'AA-' to General Electric Company's (GE) planned issuance of euro-denominated fixed-rate senior unsecured notes with a mix of maturities. Proceeds will be used t...
CHC Group has signed a contract with Sikorsky for the lease of two new generation Sikorsky S-92 search and rescue (SAR) helicopters. The aircraft, due to arrive and be ready for operation in September...
FLY Leasing has reported net income of $5.1 million, $0.16 per share, for the first quarter of 2017. This compares to net income of $7.1 million, or $0.21 per diluted share, for the same period in 201...
Nordic Aviation Capital (NAC) has sold one Embraer E190, MSN 19000022, to BeauTech Power Systems. ...
SMBC Aviation Capital’s credit ratings have been upgraded to ‘A-’ from ‘BBB+’ by Fitch Ratings (Fitch). The upgrade reflects Fitch’s recognition of SMBC Aviation Capital’s proven track record of profi...
IATA has issued its April report of the Airlines Financial Monitor. The report highlights the fact that global airline share prices rose by 2.5% in April, partly reflecting expectations that the squee...
Possibly in a bid to detract the papers away from the news we broke yesterday (Aviation News Daily Breaking News) about the grounding of the Max test fleet, Boeing and Airbus have both announced order...
Werner Aero Services is happy to announce that Jimmy Lui has joined its team as Vice President and General Manager of Asia Pacific operations based in Singapore. He will be responsible for managing th...
Rolls-Royce is providing TotalCare service support for Trent 700 engines that power seven Airbus A330 aircraft included in the extensive fleet of Turkish Airlines. The last of those seven aircraft was...
Thirty start-ups – from the three global BizLab accelerators in Toulouse, Hamburg and Bangalore – have pitched their projects at the “Airbus BizLab Summit” in Toulouse in front of an international au...
Due to the increasing demand to Vancouver, Icelandair will increase their current seasonal service to a full year-round schedule starting this winter. "The flight to Vancouver has been favourable and ...
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