Russian carriers’ losses mount
The Russian Association of Air Transport Operators (AEVT) has estimated first-quarter losses by Russian airlines to have increased by RUB1 billion ($19.4 million) for 2014 due to exchange rates and a ...
The Russian Association of Air Transport Operators (AEVT) has estimated first-quarter losses by Russian airlines to have increased by RUB1 billion ($19.4 million) for 2014 due to exchange rates and a ...
Lufthansa and Swiss International Air Lines (SWISS) have finalized an order for three additional 777-300ER (Extended Range) airplanes, valued at $990 million at current list prices. This order, previo...
Russia’s Federal Antimonopoly Service (FAS) has blocked Norilsk-based Taimyr Airlines from acquiring a 47.8% share in Arkhangelsk-based Nordavia Airline. The deal was blocked because Taimyr is control...
Airbus Group has reported robust first quarter 2015 results with improved cash flow and confirmed its full year guidance. “We had a good start into 2015, with a solid operational performance and impro...
Avolon has delivered one Boeing 737-800 aircraft to Aeroflot, which will be operated by their subsidiary Pobeda. This latest delivery is Avolon’s sixth aircraft on lease to Aeroflot, Russia’s largest ...
AWAS has delivered one new A320 passenger aircraft to Vueling, the Spanish low cost airline. This seventh A320 delivery from AWAS is from the lessor’s existing new order pipeline and is factory-fitted...
GE Capital Aviation Services (GECAS) has announced delivery of a new leased Boeing 737-800 aircraft to VRG Linhas Aéreas as part of a four-aircraft purchase-and-leaseback transaction. The three remain...
Lufthansa is offering a further concession to the Vereinigung Cockpit (VC) flight crew union in the ongoing round of collective bargaining talks. The union has repeatedly demanded general arbitration....
Norwegian today reported its first quarter results for 2015. The net profit is -538 MNOK, an improvement of 57 MNOK from the previous year. The quarterly results were affected by the pilot strike in S...
Aer Lingus has posted a first quarter 2015 operating loss (before net exceptional items) of €48.4 million. The airline reported higher operating costs, up 6.7%. The group has reported revenue growth o...
Air France-KLM reported Q1 revenues of €5.65bn, up 1.8% over the same period last year. The airline group reported an EBITDA loss of €21 million, an improvement of €29 million compared to the year-ago...
International Consolidated Airlines Group (IAG) reported an operating profit of €25 million for the three months to March 31, 2015, compared to an operating loss of €150 million during the year-ago pe...
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