Wizz Air raises full year net profit guidance
Yesterday Wizz Air Holdings reported a positive first half of its financial year ending 31 March 2016 ahead of its annual general meeting (AGM). The airline said that it is on target to deliver operat...
Yesterday Wizz Air Holdings reported a positive first half of its financial year ending 31 March 2016 ahead of its annual general meeting (AGM). The airline said that it is on target to deliver operat...
Low-cost carrier Norwegian has announced plans to launch new direct low-cost transatlantic services from Cork to Boston and New York – the new routes will be the only transatlantic flights to operate ...
European stocks of jet fuel and diesel stocks have been continually building, while refineries are operating at near-maximum capacity due to strong profit margins. However, European refineries have no...
European airlines are returning to fuel hedging to capitalize on the collapse in oil prices. However, in this volatile trading environment, most are considering using more options contracts to access ...
Rosaviatsia, the Russian air transport agency has suspended Center-South Airlines’ air operator certificate (AOC) following an unscheduled inspection. The carrier was found to be operating too few air...
Amentum Capital, the Dublin-based commercial aircraft management company, has been renamed FPG Amentum as of 26 August 2015. FPG Amentum has now formally launched its new brand identity. The name chan...
Financial Products Group (FPG) and FPG Amentum, the Dublin-based aircraft leasing company previously known as Amentum Capital, have acquired two Boeing 737-800s (MSNs 37245 and 37247), which are on le...
German investor Intro Aviation, which also owns CityJet and VLM, has confirmed it is close to selling regional airline Intersky to an investor. “It is part of our business model to buy and sell airlin...
Transaero Airlines has reported a net loss of RUB3.2 billion ($57.6 million) during the first half of 2015 compared to a new loss of RUB10.4 billion in the year-ago period. Revenue grew 5.1% to RUB50....
As part of its ‘7 to 1: Our Way Forward’ program, the Lufthansa Group is to adopt a new organizational structure with effect from 1 January 2016 to strengthen its position as a leading aviation group....
EASA has welcomed Ricardo Génova as the new Agency’s Flight Standards Director. In his new function, Ricardo will be responsible of the oversight of EU Member States and the approval of aviation organ...
AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group and Russia’s largest all-cargo carrier, is heading into the final quarter of 2015 with sustained growth after reporting a 17% year-on-year rise...
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