Virgin Atlantic unveils strong rise in annual results
Virgin Atlantic said that pretax profits increased to
27 May 2009
Russia's S7 Airlines to join oneworld
Russia’s leading domestic airline, S7 Airlines, is to join oneworld. After being unanimously elected on board by the grouping’s existing ten member airlines, which include some of the best and biggest names in the industry, S7 will become part of oneworld, offering the alliance’s full range of services, benefits and fares, during 2010. As a …
Air Berlin reports first quarter loss of EUR 87.3 million
Air Berlin reported that for the first quarter of 2009, seasonal operating loss (EBIT) reached minus EUR 87.3 million (Q1 2008: minus EUR 68.6 million). The reduced branchwide demand for flight services, in combination with the Easter flight season falling in April rather than in the first quarter, contributed to this development. Revenue reached EUR …
Air Berlin reports first quarter loss of EUR 87.3 million Read More »
El Al reports results for first quarter of 2009
El Al Israel Airlines reports first quarter of 2009 financial Results. Revenues in the first quarter amounted to $346.7 million compared to $469.3 in the same quarter last year, a drop of about 26%. The decline in revenues from operations is mainly due to a decrease of about 13% in the number of passengers, compared …
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GE Rolls-Royce fighter engine team launches path to flight test
The GE Rolls-Royce Fighter Engine Team has launched its flight clearance certification review, a process that will prepare the F136 engine for flight testing over the next several months. Following flight certification, the first F136-powered F-35 Lightning II will take to the air in early 2011, in alignment with Lockheed Martin
Bristow acquires 42.5% of Lider, Brazil's largest helicopter services company
Bristow Group has acquired 42.5% of Lider Aviacao Holding S.A., Brazil’s largest provider of helicopter and executive aviation services. Founded in 1958, Lider operates the largest helicopter fleet in Brazil, with 46 helicopters serving the oil and gas industry, representing approximately 50% of the oil and gas market in Brazil. Its helicopter operation is the …
Bristow acquires 42.5% of Lider, Brazil's largest helicopter services company Read More »