The European Commission has found that public support granted by Italy's Sardinia region gave selected airlines working at Cagliari and Olbia airports an unfair advantage, in breach of EU state aid ru...
Pat Cauthery has just been announced as Gordon Welsh’s replacement as Head of Aviation at UKEF – we wish him well. ...
British Airways stated that currency movements cost it €148m (£124m) in the latest quarter of trading, due to the weak pound. IAG reported underlying operating profits of €555m for Q2 2016 (April-to-J...
Financial leader and business transformationalist, Andrew Bernhardt, joins the Board as Non-Executive Director at A J Walter Aviation. A highly experienced and proactive director / board member, Bern...
Air Malta has appointed Joseph Galea as the new acting CEO as the two-year term of the present CEO Philip Micallef comes to an end. Joseph Galea has over thirty years’ experience in the travel indust...
Days after firing its entire treasury team alongside more than 200 other members of staff with alleged links to the Fethullah Gulen movement as reported earlier this week (link), Turkish Airlines has ...
MTU Aero Engines generated revenues of €2,299.2 million in the first six months of 2016, an increase of 4% (1-6/15: €2,202.0 million). The group’s operating profit improved by 19% to €254.1 million (1...
Rolls-Royce has reported a 1% dip in revenue for the first half of 2016, which reflects a non-cash impact of £2.2bn period-end mark-to-market revaluation of the company’s derivatives contracts. Rolls-...
In its half-year 2016 results, Airbus Group reported a 4% decline in revenue to XX and disclosed two new write downs: the first is a €1bn charge for the A400M military aircraft programme; with the A35...
Ethiopian Airlines has contracted Lufthansa Technik to provide comprehensive component support for the airline's future Airbus A350 fleet. The corresponding Total Component Support TCS agreement will ...
Nordic Aviation Capital (NAC) delivered one ATR 72-500, MSN 926, to Air Mauritius on lease. ...
During the second quarter of 2016, FLY Leasing has reported net income of $4.7 million, or $0.14 per share. Net income for the six months ended June 30, 2016 was $11.8 million, or $0.35 per share. Fo...
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