With Air France striking for a fourteenth day since this round of strike action began in February, Air France CEO Jean-Marc Janaillac has resigned, causing the share price of Air France to plummet. The Group has had trouble with the French unions for a long time. More recently, the pilot’s union SNPL has carried out […]
Air France’s shares fall after resignation of CEO Janaillac Resigns Read More »
WestJet has posted its first quarter results for 2018, with net earnings of CA$37.2m, compared to CA$46.7m the previous year, down 22%. WestJet achieved its 52nd consecutive quarter of profitability and flew an all-time quarterly record of 6.1 million guests. Based on the trailing twelve months, the airline achieved a return on invested capital of
WestJet reports first quarter net earnings of CA$37.2m, down 22% Read More »
AJW Group has extended its power-by-the-hour (PBH) agreement with Incheon-headquartered cargo transport specialist, Air Incheon. The contract has been extended for several years and covers Air Incheon’s fleet of Boeing 737 aircraft, as well as their newly acquired Boeing 767’s, which are expected to enter service later this year. AJW will manage the complete supply,
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Finnair’s overall capacity increased by 15.7% in April, while Finnair’s traffic grew by 15.4% compared to the previous year. The passenger load factor decreased by 0.2 points to 82.6%.
Finnair’s April traffic up 15.7% Read More »
Turkish Technic and Havelsan will carry out the production of in-flight entertainment systems. This joint venture company will perform activities in the field of in-flight entertainment and internet service provider systems and other softwares used in civil aviation including design, production, maintenance, repair, marketing, sales and after-sales services in land, sea, rail systems and air
The Supervisory Board of Deutsche Lufthansa AG has approved the order of up to 16 additional aircraft in a meeting on May 7. The list price of the aircraft is approximately €2.1bn. Delivery is scheduled to take place in stages until 2022. The investment plan for the 2018 fiscal year remains unchanged. The order includes
WestJet has announced April 2018 traffic results with a load factor of 86.0%, an increase of 1.2 points year over year. Traffic, increased 2.8% year over year, while capacity grew 1.4% over the same period. WestJet welcomed an additional 100,000 guests in April, a year-over-year increase of 5.1%.
WestJet reports April load factor of 86.0% Read More »
AviaAM Leasing, WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has delivered two Airbus A321-211 to ACMI operator Avion Express. Aircraft were delivered to the client at Kaunas, Lithuania on May 6 and May 7, respectively. Both aircraft are joining Avion Express’s fleet under a 6 year operating lease
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United Airlines will increase service between Houston’s George Bush Intercontinental Airport and Havana’s José Martà International Airport beginning July 20. Subject to government approval, United will operate the new daily service with either Boeing 737-800 mainline aircraft or Embraer E175 regional aircraft operated by Mesa Airlines as United Express. “This expansion to Havana will provide
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Austrian Airlines has granted Magnetic MRO with heavy maintenance contract for the 2019/2020 winter season, booking three quarters of all available maintenance slots in Tallinn, Estonia. Under the new agreement, Magnetic MRO will continue to provide Austrian flag carrier with reliable services for their Airbus A320 family fleet. Markus Besta, Austrian Airlines’ Head of MRO
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