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. ...
The European Commission is investigating improper state aid at regional airports in the 27 member states. Last month it announced it has launched in-depth investigations at Marseille and Frankfurt Hah...
An unidentified European airline has signed a firm order to buy four Bombardier Q400 NextGen turboprop aircraft. The $126 million order, at list prices, also includes options on a further four aircraf...
Russian carrier Transaero has signed a memorandum of understanding for eight A320neo aircraft at the MAKS Moscow air show. No engines selection was made. Transaero currently operates an all-Boeing fle...
Nordic carrier Finnair has reported a 23.9% increase in its scheduled traffic in July, mainly from strong demand from Asia. Capacity was also up during the period by 14.7%, while revenues earned per p...
British Airways has announced it plans to recruit 800 new pilots by 2016 via three recruitment programmes. The UK flag carrier aims to launch a joint initiative with the UK armed forces to tap into mi...
Dublin-based global aircraft lessor, AWAS, has appointed John Duffy as corporate finance director based in its Dublin headquarters reporting to Frederic Mireur, head of corporate finance. Duffy was mo...
The Air Travel Advisory Bureau is prepared to co-ordinate legal claims against UK airlines that have not refunded Air Passenger Duty to passengers who have booked tickets but not flown. The ATAB, whic...
DVB Bank remained on course during the first half of 2011, boosting its consolidated net income before taxes to €74.9 million, up 26.9% (H1 2010: €59.0 million). DVB’s income (comprising net interest ...
AWAS has established a permanent corporate finance presence in its Singapore office with the relocation from Dublin of Wui Jin Woon, corporate finance director, to support AWAS’ expansion in the regio...
We're Social