Ryanair reports H1 2020 loss
Ryanair Holdings has reported a first half 2020 loss of €197 million, compared to a H1 2019 profit of €1.15bn. Revenue fell by 78% to €1.18bn as traffic fell 80% from 86 million a year ago to 17 milli...
Ryanair Holdings has reported a first half 2020 loss of €197 million, compared to a H1 2019 profit of €1.15bn. Revenue fell by 78% to €1.18bn as traffic fell 80% from 86 million a year ago to 17 milli...
Revenue for Air France-KLM fell by 67% to €2.524 million in the third quarter of 2020 compared to the same period in 2019. The group posted an pre-tax loss of €442 million for the quarter, which was b...
Nordic Aviation Capital (NAC) has delivered one De Havilland Dash 8-400, MSN 4231, to new customer Cobham Aviation Services on lease. NAC has also delivered one ATR 72-600, MSN 1288, to Amelia on leas...
Finnair Group has reported a decrease in revenue by 88.7% to €97.4 million, with operating loss of €167 million for the three months to end September 2020. Earnings per share were -€0.15. Net expenses...
Avolon has appointed Paul Geaney as Chief Risk Officer and to its Executive Committee. Geaney will assume overall responsibility for the implementation, oversight and continued development of Avolon’s...
ACI EUROPE has warned of such fundamental risks to business continuity that an estimated 193 airports face insolvency in the coming months if passenger traffic does not start to recover by the year en...
Global AirParts, which provides used, serviceable materials for Sikorsky S-76 helicopters, has commenced a part out project with helicopter lessor, LCI. “Given where values are for some helicopter typ...
easyJet has confirmed the sale and leaseback of nine aircraft with two counterparties, which will generate $398.6 million total cash proceeds for the airline. The first transaction was executed with W...
Turkish Airlines has been fined by the Pakistan Civil Aviation Authority (CAA) for the alleged violation of standard operating procedures (SOPs) for prevention of COVID-19 on its flight. The CAA claim...
Airbus has delivered its first US-assembled A220 aircraft from Mobile, Alabama, to Delta Air Lines. “The delivery of the first US-built A220-300 is a historic moment that highlights Airbus’ growing in...
Airbus plans to increase production of its A320neo from 40 to 47 a month, reports the Financial Times. Production of the aircraft type was reduced from 60 a month in March by the airframe manufacturer...
Pegasus is adding a new route from Antalya, Turkey, with the launch of its direct flights to Moscow. The inaugural flight from Antalya to Moscow will take off on November 10, 2020. Pegasus Airlines ...
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