The SIA Group reported an operating profit of S$293m in the third quarter of the 2016-17 financial year, S$5m higher compared to the same period last year (+1.7%). Group revenue fell S$97m year-on-year to S$3,844m (-2.5%), mainly attributable to lower passenger flown revenue in a weak-yield environment. The Parent Airline Company saw its flown revenue […]
SIA Group reports decline in net profit for 3rd quarter Read More »
Boeing has launched a new Nacelle and Flight-Control Surface Exchange Program. It provides airlines an integrated and economical solution, while building on Boeing’s successful history of exchange programs. Under the program, customers can exchange nacelle and flight-control surface parts that need repair or overhaul from a certified pool that Boeing maintains throughout its global network.
Boeing launches new Nacelle and Flight-Control Surface Exchange Program Read More »
Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up 6% on 2015. The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which
2016 – a year of sustained growth for Etihad Airways Read More »
Hawaiian Airlines reported that traffic in January 2017 increased 9.5% and capacity increased 5.8% compared to the previous year. The load factor for January was up 2.8 points to 83.9%.
Hawaiian Airlines reports traffic statistics for January Read More »
Southwest Airlines’ traffic for January 2017 increased 4.6%, while capacity for January was up 6.2%, compared to January 2016. The load factor was 76.3% compared with 77.5% in January 2016.
Southwest Airlines reports January load factor of 76% Read More »
TrueAero has appointed Lisa Clark to the position of Asset Acquisition Analyst. Ms. Clark is a recent graduate of Baylor University with a Bachelor of Business Administration in Finance and Management. Her enthusiasm and qualifications will make a significant contribution to TrueAero´ asset evaluation process.
TrueAero hires Lisa Clark as Asset Acquisition Analyst Read More »
Elbit Systems was awarded an approximately US$110m contract from an Asia-Pacific country for the upgrade and maintenance of dozens of Mi-17 helicopters. The project will be performed over a five-year period. Elbit Systems has extensive operational experience in rotary-wing modernization activities, including conversion of utility and assault helicopters into multi-role platforms, upgrading existing utility and
Elbit Systems awarded approximately US$110m contract for upgrade of M-17 helicopters Read More »
Alaska Air Group reported net income for the fourth quarter and full year under Generally Accepted Accounting Principles (“GAAP”) of US$114m and US$814m respectively. These results compared to fourth quarter 2015 net income of US$191m and full year 2015 net income of US$848m. Fourth quarter net income, excluding special items, was US$193m, a 4% increase
Alaska Air Group reports fourth quarter 2016 and full-year results Read More »
The Government of Canada is committed to keeping Canada at the forefront of global leadership in the aerospace sector. The aerospace industry is one of the most innovative industries in Canada, and it provides over 211,000 quality jobs for Canadians and CA$28bn annually in GDP to Canada’s economy. That is why, today, the Government of
Government of Canada will provide CA$372.5m in repayable contributions to Bombardier Read More »
As of April 10, Finnair will double its flights between Helsinki and Moscow, by adding one daily frequency, which smoothly connects to flights arriving from Asia, Europe and the Americas to Helsinki. The flight from Moscow to Helsinki in turn connects with Finnair’s Hongkong and Singapore flights, as well as domestic flights in Finland. The
Finnair adds capacity to Moscow and St Petersburg Read More »
