EADS 2010 RESULTS
EADS has reported 2010 net income of €553 million from a €763 million net loss in 2009, on the back of 7% revenue growth to €45.8 billion driven by a strong commercial aircraft performance. CEO Louis...
EADS has reported 2010 net income of €553 million from a €763 million net loss in 2009, on the back of 7% revenue growth to €45.8 billion driven by a strong commercial aircraft performance. CEO Louis...
Lufthansa Group has stated that preliminary figures show it ended 2010 with a net profit of €1.1 billion ($1.53 billion), this, from a net loss of €34 million in 2009. This news shows that Lufthansa h...
While the Air india management has been claiming that they are turning around the country’s national carrier, the truth is that the airline earns Rs 36 crore a day from its operations, while it spends...
Australia and China have signed memorandum of understanding to boost aviation capacity between the two countries by up to 50%, or 8000 seats per week. Some 4000 seats will be added from February next ...
Airline shares in the region traded higher on the news of a slight fall in international crude prices, bucking a month-long trend of sharp falls. At midday yesterday, shares of Jet Airways , Kingfishe...
Philippine Airlines (PAL) management is pushing for an indefinite halt to collective bargaining negotiations. At a meeting called by the National Conciliation and Mediation Board (NCMB) in Manila, the...
India and Brazil have signed a bilateral air service agreement to increase air connectivity. The agreement allows both the countries to designate any number of airlines on reciprocal basis, unlike in ...
Share prices of US airlines were buoyed slightly on the news that OPEC was increasing production which drove oil prices slightly lower yesterday. The Arca airline index was up 3.2%. United Continental...
Republic Airways has said it is curbing expansion plans for its Frontier Airlines subsidiary due to oil price volatility. Flat seat capacity for the second quarter also contributed to the decision, as...
Africa World Airlines Limited (AWAL), run by a team of Ghanaian and Chinese investors, will begin operating passenger and cargo services within Ghana and West Africa in mid-2011. The airline will begi...
Swiss airline SkyWork Airlines has launched direct flights from London City Airport to Bern. The route will operate Sunday to Friday every evening from 27 March, with frequency doubling from September...
Turkish Airlines has signed a firm order for 10 Airbus A321-200ss and three A330-200F freighter aircraft. THY already has another 27 aircraft on order with Airbus from contracts placed in 2009 and 201...
We're Social