At Bombardier Aerospace, revenues totalled $1.5bn compared to $2.2bn for the first quarter last fiscal year, while EBIT reached $91m, or 6.1% of revenues, compared to $141m, or 6.4%, for the first quarter last fiscal year. Free cash flow usage of $572m compared to a usage of $168m for the corresponding period last year. Bombardier […]
Bombardier reports first quarter revenues of $1.5bn Read More »
The first A380 for Malaysia Airlines (MAS) returned to Toulouse on May 9th, following completion of interior furnishing and cabin system tests in Hamburg. The aircraft is now stationed at the Airbus flight line for final system checks prior to the start of the customer acceptance process and delivery at the end of the month.
First MAS A380 moves to flight line in preparation for delivery Read More »
LAN Airlines’ system traffic increased 13.9% in April as capacity rose 5.8%. As a result, the Company’s load factor for the month increased 5.9 points to 83.0%.
LAN Airlines monthly statistics report for April 2012 Read More »
Emirates revenue for the financial year 2011-12 reached AED 62.3bn (US$ 17bn) growing by 14.9% when compared to the 2010-11 financial year. Despite the strong revenue growth, the stifling cost of jet fuel impacted Emirates’ bottom line with the airline’s profit sitting significantly lower than the previous year at AED 1.5bn (US$ 409m) representing a
Emirates posts significant lower profit for full year 2011-12 Read More »
Vueling made a net loss of €16.5m in the first quarter of 2012, an improvement of 28.7% compared with the same period of last year. The operating result (EBIT) was €-26.8m, a 23.9% improvement on last year. The company increased the number of passengers carried by 24.1% compared with the first quarter of 2011. Vueling‘s
Vueling improves first quarter results by 29% Read More »
Cabot Aviation announced the sale of two A319s on behalf of Cyprus Airways. The two aircraft were sold to GECAS Asset Management Services Inc. on May 4th 2012. The aircraft were MSNs 1729 and 1768 which were manufactured in 2002 and operated since new by Cyprus Airways. Cabot Aviation acted as the exclusive remarketing agent
Cabot Aviation sells two A319s on behalf of Cyprus Airways Read More »
Kazakhstan has signed a letter of intent to acquire 20 Eurocopter EC725 helicopters, marking a major new commitment for this medium-lift rotorcraft. These aircraft, which will be assembled in Kazakhstan, will be used by the country’s Ministry of Defense in a full range of mission applications. The agreement was formalized at this month’s KADEX-2012 military
Kazakhstan government to acquire 20 multi-role EC725 helicopters Read More »
