14 May 2018

Etihad and Emirates to resolve unfair subsidy disputes with the U.S.

With Qatar having agreed to release detailed information about state-owned Qatar Airways back in January, the UAE is to follow suit in an attempt to finally resolve the dispute between the U.S. and both Etihad and Emirates Airways. The matter relates to claims made by the U.S. that these Gulf carriers have been in receipt […]

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Spirit Airlines to become first ultra-low cost carrier in the Americas to offer Wi-Fi

Spirit Airlines has signed an agreement with Thales to install Wi-Fi on all of its planes by summer 2019, giving even more options to Guests to enhance their inflight experience. Spirit Airlines Wi-Fi technology partner, Thales Group, a global technology leader for decisive moments in aerospace, defense and security, and transportation markets, is bringing the

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JetBlue reaches agreement with ALPA

JetBlue has reached an agreement in principle with the Air Line Pilots Association (ALPA) regarding JetBlue’s pilots. The agreement is subject to a ratification process which includes final documentation, review, and consideration by the ALPA Master Executive Council before being distributed to JetBlue pilots for final ratification. Jeff Martin, JetBlue’s Executive Vice President Operations, issued

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Fraport’s international business sees strong revenue growth

The Fraport Group saw revenue and earnings figures increase significantly during the first quarter of business year 2018 (ending March 31). Supported by strong passenger growth at Frankfurt Airport (FRA) and most of the airports in Fraport’s international portfolio, Group revenue advanced by 15.0% to €681.7m. Major revenue contributions came from Fraport Greece (€44.3m) and

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Lufthansa Group Airlines welcome around 12.2 million passengers on board in April 2018

In April 2018, the airlines of the Lufthansa Group welcomed around 12.2 million passengers. This shows an increase of 9.1% compared to the previous year’s month, although last year’s German Easter holidays fell in April. Traffic for April 2018 increased 6.0%, while capacity was up 7.4% over the previous year. The load factor decreased by

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ST Engineering delivers higher revenue and net profit for first quarter 2018

Singapore Technologies Engineering has achieved higher year-on-year revenue and net profit for its first quarter 2018 (1Q2018). Group revenue was 9% higher at SG$1.65bn compared to $1.51bn in the same period last year, and its profit Attributable to Shareholders (net profit) improved 18% to SG$117.7m from SG$99.9m a year ago. At the business sector level,

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Willis Lease Finance reports first quarter pretax profit of US$9.6m

Willis Lease Finance has reported a pre-tax profit of US$9.6m in the first quarter of 2018. The Company achieved record quarterly lease rent revenue of US$39.6m in the period driven by 86% average utilization of a portfolio that grew 9.2% to US$1.466bn at quarter-end compared to $1.343 billion at December 31, 2017. Aggregate lease rent

Willis Lease Finance reports first quarter pretax profit of US$9.6m Read More »

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