SAS reverses losses
During the first nine months of the year, SAS Scandinavian Airlines has recorded a net profit of SEK439 million ($52 million) compared to a SEK416 million net loss in the year-ago period. The airline’...
During the first nine months of the year, SAS Scandinavian Airlines has recorded a net profit of SEK439 million ($52 million) compared to a SEK416 million net loss in the year-ago period. The airline’...
Yesterday Ryanair raised its full year net profit guidance by 25% from the current €940m to €970m range to €1.175bn to €1.225bn. The low-cost carrier has experienced stronger than expected peak summer...
The Commercial Aircraft Corporation of China (COMAC) has confirmed that it regional jet, ARJ21-700, will enter service in February 2016 following two months of pilot training and trials. The original ...
MDT has enhanced its aviation team with two additional new recruits. Richard Libby has joined MDT (effective September 1) as a consultant based in Toronto. His remit is to expand MDT's aircraft financ...
Following the resignation of Olga Pleshakova, CEO Transaero Airlines, the carrier has appointed Dmitry Yerzakovich has the new chief executive. Former board chairman Alexander Pleshakov remains as a b...
Airbus has confirmed it has won 754 orders in the first eight months of the year. Airbus boosted its orderbook in August with transactions for 346 aircraft across its single-aisle and widebody product...
Safi Airways has signed a component support contract with AFI KLM E&M covering their three A320-family aircraft. The agreement includes repairs and access to a spares pool. This is the second contract...
French investigators at the French aeronautical research laboratory near Toulouse have formally identified a flaperon that washed-up on a remote island in the Indian Ocean as part of Malaysia Airlines...
The European Investment Bank (EIB) has officially agreed to support the research and development of Rolls-Royce aero engines through a £280 million long-term loan. This loan is the largest ever given ...
Avolon has entered into a definitive merger agreement to be acquired by Bohai Leasing at a price of US$31 cash per common share. Under the terms of the transaction, which has been unanimously approved...
easyJet is expecting to deliver a £675-700 million ($1.03-1.07 billion) pre-tax profit for 2015. The UK low-cost carrier was previously expecting a pre-tax profit of £620-660 million. easyJet has seen...
UK Leisure Airline Jet2.com has finalized an order for 27 Next Generation 737-800s, valued at approximately $2.6 billion at current list prices. Jet2.com currently operates an all-Boeing fleet of near...
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