Despite IndiGo’s reported increase in operational revenue of 8.7% compared to the same quarter last year, the figure of INR45.8 billion for Q1 2017 has resulted in a net profit of only INR5.29 billion, a drop of 7.4% compared to Q1 2016. Aditaya Ghosh, IndiGo president, confirmed that profitability had fallen “primarily because of competitive […]
IndiGo profits down 7.4% for Q1 due to “competitive fare pressures” Read More »
Boeing forecasts market demand for 1,170 new airplanes in Russia and the CIS region over the next 20 years, valued at US$140 bn. The company released the numbers as part of its annual Current Market Outlook (CMO) for Russia and the CIS region. International traffic is expected to grow at an annual rate of 4.8
Boeing forecasts demand for 1,170 new airplanes in Russia, CIS region Read More »
Alaska Air Group reported July and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines and for its regional flying operated by subsidiary Horizon Air Industries and third-party regional carriers, SkyWest Airlines and PenAir. On a combined basis, Air Group reported a 7.8% increase in traffic on a
Alaska Air Group reports July 2016 operational results Read More »
Estonia headquartered Magnetic MRO, has opened a new warehouse at Gatwick International Airport, UK; reflecting the continuous expansion of its business and the growing demand from customers. This new facility will allow Magnetic MRO to provide its customers inventory and product availability as well as short shipping times due to the locational advantage of MAC
Magnetic MRO opens new warehouse in the UK Read More »
Cargo conversion company, Pemco World Air Services (PEMCO), has reported the redelivery of its 100th B737-300 converted aircraft, which was modified for SF Airlines, the air cargo division of S.F. Express. The 100th B737-300 conversion marks the 16th -300/-400 PEMCO-converted aircraft (MSN 29068) for SF Airlines with three more planned in 2016.
PEMCO celebrates 100th B737-300 Freighter Conversion Read More »
GA Telesis Engine Services (GATES) announced three promotions to key roles within the company. Carsten Holm has been appointed as Chief Operations Officer at GATES, where his primary role will be to drive commercial operations and increase overall productivity and customer satisfaction. Tommi Valtonen has been promoted to Senior Vice President of Business Operations and
GA Telesis Engine Services (GATES) announces top-level promotions Read More »
Aviation engineering and maintenance specialist, Commsoft has been chosen to supply its MRO IT system, OASES (Open Aviation Strategic Engineering System) to the French business class airline, La Compagnie. The contract represents Commsoft’s first direct customer in France and OASES will support La Compagnie’s operations for its current fleet of two Boeing 757-200s. Commsoft signed
Commsoft’s OASES goes live with first French customer La Compagnie Read More »
