7 November 2019

Emirates Group announces half-year performance for 2019-20, with AED 1.2 billion profit

The Emirates Group has announced its half-year results for its 2019-20 financial year. Group revenue was AED 53.3 billion (US$14.5 billion) for the first six months of 2019-20, down 2% from AED 54.4 billion (US$14.8 billion) during the same period last year. This slight revenue decline was mainly due to planned capacity reductions during the …

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GKN Aerospace named key supplier for all-new Gulfstream G700 business jet

GKN Aerospace has been selected as a key supplier on the new Gulfstream G700 business jet that was unveiled at NBAA on October 21. GKN Aerospace is using its leading capability in design and manufacture of business jet empennages and thermoplastic components on the advanced aircraft. The rudder and elevators that are part of the …

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Royal Flight airlines resumes flights to Moscow Domodedovo

Since November 4, Royal Flight airlines has resumed its regular flights from Moscow Domodedovo Airport to Guiyang, the capital of Guizhou province. The carrier performs weekly service. In the autumn-winter period, Royal Flight airlines is carrying out services from Moscow Domodedovo to popular winter destinations, including Goa, Nha Trang, Antalya, Utapao, Colombo.

Finnair reports strong traffic performance in October

In October, Finnair carried 1,266,000 passengers, 10.9% more than in the corresponding period of 2018. The overall capacity increased in October by 10.1%. Finnair’s traffic increased by 14.1% and the passenger load factor increased year-on-year by 2.8 points to 82.3%.

Lufthansa Group achieves adjusted EBIT of €1.3 billion in the third-quarter 2019

Lufthansa Group has achieved an Adjusted EBIT of €1.3 billion for the third quarter of 2019, only slightly below the EUR €1.4 billion of the prior-year period. Against the backdrop of higher fuel costs, which were €171 million above their 2018 level in the third quarter alone, the Group delivered a sound business performance for …

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