RYANAIR QUARTERLY PROFITS DISAPPOINT
Ryanair has reported a 1% rise in profits for the three months to June 29. The Irish low-cost carrier made a profit of €139 million, which was below forecasts of €151 million. Revenues rose 29% to €1....
Ryanair has reported a 1% rise in profits for the three months to June 29. The Irish low-cost carrier made a profit of €139 million, which was below forecasts of €151 million. Revenues rose 29% to €1....
Today’s oil prices show a slight dip (Brent Crude Oil: $117.99 a barrel) but they remain high and are a significant concern for all airlines. Ryanair’s Michael O’Leary reports failing profits today on...
FL Technics will provide all-inclusive line maintenance support as well as additional support services for Wizz Air’s A320 aircraft fleet from its base in Vilnius. ...
Mxi Technologies has announced the opening of their new corporate office in Hong Kong in order to support the growing demand for the Maintenix software throughout the Asia-Pacific region. The decision...
Spring Airlines aims to raise more than $1.2 billion in an initial public offering (IPO) in the first quarter of 2012. The budget Chinese carrier need to raise funds to help finance its expansion ambi...
Air New Zealand has reported a strong rebound in demand for its trans-Tasman operations have but despite this the airline is still anticipating a second half loss amid high fuel prices and natural dis...
Pilots on international routes at Qantas have begun a two-day strike over a dispute over pay and conditions – this is its first industrial action in 45 years. Unauthorised announcements were made on f...
The new low cost carrier being set up by Singapore Airlines (SIA) will operate a fleet of Boeing 777-200 aircraft acquired from SIA but reconfigured into a new seating layout. ...
Chinese airlines have reported an aggregate net income of CNY12.78 billion ($1.98 billion) for the first half of 2011, representing a 26% over a net profit of CNY10.14 billion reported in the year-ago...
All Nippon Airways and AirAsia have jointly created a new low-cost carrier called AirAsia Japan. The new airline, which will begin domestic and international services from August 2012, will be based a...
Shares in Lan Airlines) rose 0.5% to 13,276 pesos in advanced of its scheduled second- quarter earnings report on July 27. ...
Discovery Air, a specialty aviation services company operating across Canada and in select locations internationally, has announced it has entered into an agreement to complete a private placement of ...
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