30 October 2015

2% flight tax in India aims to make air travel more affordable to the masses

Other News, Top Stories / Leave a Comment

Currently around 70 million flight tickets are sold in India annually. However the country is struggling to make air travel affordable within the country to a wider proportion of the population. As a result a proposal has been put forward in the form of a draft government aviation policy where both current regional and national […]

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Aeroxchange & Pentagon 2000 Software align to improve MRO business-to-business transaction flows

Other News / Leave a Comment

Aeroxchange, the leading business process network focused on aviation, and Pentagon 2000 Software, developer of the Pentagon 2000SQL system, have partnered to offer MRO suppliers the ability to seamlessly conduct transactions across the Aeroxchange network and support direct ERP electronic collaboration with over 40 global airlines. The system-to-system connection enables efficient and error free collaboration

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Airbus to boost A320 production to 60 a month in mid-2019

MRO & Production, Top Stories / Leave a Comment

To match ongoing high demand for its bestselling A320 Family, Airbus has taken the decision to further increase the production rate of the Single Aisle Family to 60 aircraft a month in mid-2019. The decision follows thorough studies on production ramp-up readiness in the supply chain and in Airbus sites to allow the ramp-up. To

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Finnair reports operational result of €64.2m for 3rd quarter 2015

Financial / Leave a Comment

Finnair’s revenue grew by 2.3% year-on-year to €637.1m compared to €622.7m in 2014. Operational result improved to €64.2m compared to €26.7m in the previous year. Operational EBITDAR was €115.1m compared to €80.1m in 2014. Net cash flow from operating activities stood at €62.6m, €-8.9m the previous year, and net cash flow from investing activities totalled

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Stratos delivers 21st aircraft in the past year

Aircraft & Engines / Leave a Comment

Stratos has recently delivered its 21st aircraft in the past twelve months. These include A330/A340 family, ATR72, 757 and A320 family aircraft on a combination of financing, purchasing, selling and leasing transactions in Asia, Europe, North and South America and the Middle East. Stratos has also arranged the leasing of a further four aircraft with

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