Security scanners strike at Stansted
Thirty security scanner staff at Stansted Airport, which are members of the GMB union working for services firm Mitie, went on strike on August 31 in a row over a rejected claim for a 3% pay rise. The...
Thirty security scanner staff at Stansted Airport, which are members of the GMB union working for services firm Mitie, went on strike on August 31 in a row over a rejected claim for a 3% pay rise. The...
Aegean Airlines has reported an 8% decline in 2015 first-half net profit to €14.8 million compared to the year-ago period due to the stronger dollar, higher air navigation charges in Greece and lower ...
After the Polish government once again delayed the privatization process of LOT Polish Airlines, CEO Sebastian Mikosz has resigned. He is expected to leave by mid-September. Mikosz, who had resigned a...
Following the announcement that Air Partners has acquired Baines Simmons, Liberum has reiterated its BUY recommendation. Liberum’s research comments: “The acquisition of aviation safety consultancy Ba...
Falko Regional Aircraft has added the first of five Embraer aircraft to its portfolio. The aircraft, a combination of ERJ145 and E170s manufactured between 2001 and 2005, are being acquired from SMBC ...
GMT Global Republic Aviation (GMT Global) has completed the acquisition of one Airbus A319-100 aircraft, on lease to American Airlines. “GMT is pleased to add this aircraft to our portfolio,” said Ran...
American International Group (AIG) plans to exit its stake in AerCap Holdings with the sale of its remaining 10.7 million shares valued at approximately $513 million. Citi and Goldman Sachs are global...
Turkish Airlines (THY) sales revenue increased by 9.2% to TRY12.303bn sales revenue in the first half of 2015compared to year-ago period. THY’s net profit was up six fold to TRY1.35bn, with a disclos...
Even though Ryanair agreed to sell its 29.8% share in Aer Lingus in July to International Airlines Group (IAG), the formal acceptance has only now been confirmed by the Irish low-cost carrier. IAG chi...
Charles Taylor Adjusting (CTA) has further strengthened its London aviation loss adjusting team with the appointment of three senior aviation engineers and loss adjusters. Chris Whittington joins fro...
DVB Bank increased consolidated net income before taxes for the first half of 2015 by 4.6% year-on-year, to €43.3 million (previous year: €41.4 million). Ralf Bedranowsky, CEO and Chairman of DVB Bank...
Japanese regional carrier Amakusa Airlines has taken delivery of a 48-seat ATR 42-600, the first of the type to start operations in Japan. For almost 15 years, the airline has been providing regular s...
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