United Airlines reported July 2014 operational results. UAL’s July 2014 consolidated traffic increased 1.0% and consolidated capacity increased 1.6% versus July 2013. UAL’s July 2014 consolidated load factor decreased 0.5 points to 86.7% compared to July 2013.
United Airlines reports load factor of 86.7% for July Read More »
Etihad Airways and Alitalia have signed the transaction implementation agreement which will result in a €1,758 million investment to build a reinvigorated Alitalia as a competitive, sustainably profitable business. The recapitalised Italian national airline will now be able to invest in a comprehensive strategic business plan which will see new long-haul routes from Rome and
Ryanair appointed Mr Michael Cawley to its Board. Michael previously worked with Ryanair for 17 years and contributed enormously to Ryanair’s growth and success until he retired in March 2014. He served as Ryanair’s Deputy CEO and Chief Operating Officer.
Ryanair appoints Michael Cawley to Board Read More »
Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth: revenues increased 23% to $256m for the three months ended June 30th, 2014 compared to $208m for the three months ended June 30th, 2013. Income before taxes increased 44% to $96m with a pretax margin of 37% for the three months ended
Air Lease Corporation reports second quarter 2014 results Read More »
The International Association of Machinists and Aerospace Workers (IAM) announced it would file a lawsuit on Friday, Aug. 8th, 2014 against Spirit AeroSystems over the company’s plans to outsource IAM-represented jobs by selling a key fabrication operation and the use of outside contractors to perform work currently done by IAM-represented Spirit employees. Spirit employees in
IAM to sue Spirit AeroSystems over plan to outsource jobs Read More »
