25 February 2018

International Airlines Group presents Group consolidated results for full year 2017

IAG has reported full year performance with an operating profit of €3,015m before exceptional items, up 18.9% compared to last year. Passenger unit revenue improved 1.5% at constant currency and the Group benefited from reduced fuel costs for most of 2017 though the fuel bill started to rise in the fourth-quarter. In the fourth-quarter the […]

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Bombardier CFO Says Now a Seller’s Market for Used Business Jets

Speaking at a Barclays industrial conference in Miami, Bombardier Inc’s CFO John Di Bert gave a strong indication that the market for the higher-end business jet was now favored sellers instead of vendors, which it had done since the economic and financial crisis in 2008. “You’re starting to see that turn into being a bit

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New-generation technical data management with airnavX

The operation and maintenance of Airbus commercial jetliners around the world will be further optimised with this month’s launch of airnavX, the company’s advanced one-stop consultation tool for technical data – which incorporates all principal technical manuals and enables simplified internal distribution by customers. Based on the Airbus’ innovative Airn@v platform, the airnavX tool significantly

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SR Technics further expands line maintenance capabilities for Airbus A320neo

SR Technics said it is now providing maintenance services for the Airbus A320neo aircraft at its line stations in the United Kingdom and in Switzerland. Following the expansion of the Airbus A320neo capabilities at its Swiss line stations in Geneva and Zurich last year, SR Technics just recently added Basel to its service portfolio. In

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Dowty Propellers re-establishes composite blade production

The manufacture of composite blades for Dowty Propellers’ civil and military propeller systems has been re-established, marking the company’s recovery from a fire that destroyed its original production site in southwest England. Operating from an interim facility at Mitcheldean in Gloucestershire, Dowty Propellers has re-created the complete blade manufacturing capability for its propeller system product

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Qantas posts record first half profit, starts taking delivery of 18 A321LR neo aircraft

The Qantas Group has delivered its highest-ever first half Underlying Profit Before Tax of AU$976m for the six months ending 31 December 2017. The result surpasses the previous record of AU$921m achieved in the first half of FY16 and comes despite recent increases in fuel costs and continued international capacity growth. Both Underlying and Statutory

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Delta and Aeromexico to launch new nonstop service between Detroit and Leon, Mexico

Delta Air Lines and its partner Aeromexico, Mexico’s global airline, will launch new nonstop service between Detroit and Leon, Mexico, beginning April 30. The state of Guanajuato, where Leon is situated, is known for its significant industrial activity, with strong automotive, leather and footwear, agroindustry, tourism, and pharmaceutical sectors, among others. Detroit, the Motor City,

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