5 November 2017

AirFrance-KLM report improved third quarter results

AirFrance-KLM have reported third quarter 2017 operating result of €1,022m, an improvement by €285m compared to last year. The main items contributing are the positive trend in Group’s unit revenues resulting in an increase of €266m, whereas the decrease in fuel price including hedge results contributed €61m. Adjusted for the interest portion of operating leases, […]

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IATA’s figures for September show global air freight demand up 9.2%

Despite a slow down in demand, compared to the same period in 2016, September 2017 global freight market figures rose 9.2%, well ahead of the five-year average of 4.4%. Freight capacity in freight tonne kilometers (FTKs) was up 3.9% compared to September 2016, which is positive for industry load factors, yields and financial performance. According

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Czech Airlines Technics to launch fifth base maintenance line

Czech Airlines Technics (CSAT), a daughter company of the Czech Aeroholding Group, providing aircraft maintenance and repair services, has launched a fifth base maintenance line for Boeing 737, A320 Family and ATR aircraft this autumn. Thanks to additional capacity increases in the aircraft base maintenance area, the workload capacity will grow by 25%. The planned

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A350-1000 completes Functional and Reliability testing

The A350-1000, the newest member of Airbus’ leading Widebody family, has successfully completed its Functional & Reliability testing, bringing the aircraft a step closer to Type Certification in November 2017. The first customer delivery to Qatar Airways will follow in the coming weeks. The Functional and Reliability Testing took the flight test aircraft, MSN065, across

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Bombardier’s third-quarter 2017 results – positive outlook for C Series

Bombardier, the Canadian plane and train manufacturer has released third-quarter 2017 financial results, revealing revenues of US$3.8 billion, EBIT before special items of US$165 million and an 8.8 percent EBIT margin for its Business Aircraft sector. Commercial Aircraft EBIT before special terms was as anticipated, in relation the C Series ramp-up plan, at US$495 million.

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