LOT first-half results improve
LOT Polish Airlines first-half results improved by PLN32 million ($11.3 million) but the airline still recorded a loss of PLN 119.6 million compared to a loss of PLN151.5 million for the first half ...
LOT Polish Airlines first-half results improved by PLN32 million ($11.3 million) but the airline still recorded a loss of PLN 119.6 million compared to a loss of PLN151.5 million for the first half ...
British Airways is halting its twice daily flight to Sydney to one departure per day, which will stop in Singapore. The current Boeing 777 aircraft operating the route will be replaced with a Boeing...
Stefan Lauer, supervisory board chairman of Austrian Airlines has been quoted in the local media that the airline will not reach its targets for 2011. The news was confirmed by Austrian Airlines par...
Joachim Hunold, chief executive of Air Berlin who has led the company for 20 years, has resigned as part of a major restructuring aimed at ensuring future profitability. Hunold believes a change at th...
Following a number of recent senior appointments, the International Bureau of Aviation (IBA) has appointed Kane Ray to its growing consultancy team and appraisal personnel. Ray joined IBA earlier thi...
Gazprom subsidiary GazpromAvia has firmed up an order for 10 SuperJet 100/95LRs originally announced at Farnborough air show 2010. Deliveries are scheduled to begin in 2013. PowerJet will supply the 2...
Russian aircraft-leasing company Ilyushin Finance (IFC) has signed a letter of intent with Bombardier to purchase three CS100 and seven CS300. IFC, which is partially owned by Russian-government-contr...
Airbus has signed a Memorandum of Understanding (MOU) with leading Russian leasing company, VEB-Leasing, on cooperation in aviation leasing and finance. Under the agreement, Airbus and VEB-Leasing wil...
KLM chief operating officer Pieter Elbers stated the airline aims to increase Scottish flights to Amsterdam after adding 20% more this year. The target was six flights a day – like from Edinburgh – fo...
Flybe passenger numbers rose by 7.7% to 1.98m in the three months to June 30, 2011. Revenue also climbed during the period by 8.3% to £160.4m, while revenue per seat increased by 4.9% to £48.09. The a...
SAS reported that it had cut costs by about 23%, or 7.6 billion Swedish kronor, since 2008, and expects a further reduction of 500 million kronor in the second half of this year and 500 million kronor...
Founding director and chief executive of Astraeus Airlines, Mario Fulgoni, is leaving the leasing and management company at the end of the month. Fulgoni is leaving to seek new challenges. ...
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