International Airlines Group (IAG) reported a consolidated first quarter operating loss of €249m before exceptional items (2011: €102m loss), loss before tax for the quarter was €263m (2011: €47m loss). The Group repored a net loss of €146m for the quarter. Revenue was up 7.8% to €3,919m (2011: €3,636m), including €40m or 1.1% of favourable […]
IAG posts first quarter operating loss of €249m Read More »
International Airlines Group (IAG) has signed a binding agreement to sell bmi Regional, based in Aberdeen, to Sector Aviation Holdings Ltd (SAH) for a total consideration of £8m in cash. The sale includes all bmi Regional’s fixed assets and long-term liabilities, including owned and operating lease aircraft. bmi Regional operates a fleet of 18 Embraer
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Boeing has completed the acquisition of Inmedius, a provider of software applications and services for managing and sharing information and learning content. Terms of the transaction, announced on April 26, were not disclosed. Inmedius will be integrated into Continental DataGraphics (CDG), a subsidiary of Boeing Commercial Aviation Services. Inmedius President and CEO Gary L. Schaffer
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First quarter 2012 results for ATSG included revenues of $145.4m, down 29.6% compared to the first quarter in 2011, Pre-tax Earnings from Continuing Operations was $10.7m, up 6.1% compared to 2011, while net earnings from continuing operations was $6.7m, up 3.8% compared to 2011. Cargo Aircraft Management (CAM) earned $16.8m, up 25% for the first
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A new flight data delivery solution for airlines developed jointly by teams at Boeing subsidiary Jeppesen and Boeing Information Services slashes the time required to deliver and load vital flight data to an airplane. Application Data Enhanced Loading (ADEL) is a solution that reduces overall workload, network bandwidth requirements and costs associated with airline data
Boeing solution speeds delivery of critical data to flight deck Read More »
