Citing such external influences as terrorist attacks, Brexit and the weakening pound, easyJet, the low-cost UK-based carrier has forecast a £490-£495 million pre-tax profit for the carrier’s tax year ending September 30. This figure is down 29% on the last financial year’s profit of $686 million. According to the airline: “EasyJet has performed strongly in
Luton, UK-based Monarch Airlines, which was established in 1968, has recently been facing financial problems which threatened continuation of its ATOL (Air Travel Operator’s License) agreement. That license grants passengers financial protection so that if an airline goes into liquidation while they are abroad they are not left stranded. The airline has now announced that
Japan’s first home built airplane for fifty years and its first jet, the MRJ90, successfully completed its ferry flight and landed at Grant County International Airport, Washington at 5.44 local time, Wednesday September 28. The jet left Japan’s Nagoya Airfield 1.28pm local time on Monday September 26, stopping at New Chitose Airport, Sapporo in Japan,
On Wednesday this week, Air Berlin PLC & Co., (airberlin) Germany’s second-largest airline, announced radical changes to the company structure with the intention of delivering long-term growth. Airberlin now intends to focus core operations as a network carrier from its two main hubs, Berlin and Dusseldorf, in Germany. The leisure flight section of the business
With 2015 seeing a continued increase in the number of incidents of unruly passengers reported to the International Air Transport Association (IATA), its president, Alexandre de Juniac has called for a collaborate effort to reduce the problem. In 2014 there were 9,316 incidents (1 per 1,282 flights), while in 2015 incidents increased to 10,854 (1
On the sidelines of the 2016 International Astronautical Congress being held in Guadalajara, Mexico, S7 Group, which is Russia’s largest private aviation holding company, signed an agreement to purchase the assets of the Sea Launch complex. The deal includes the acquisition of the Sea Launch Commander vessel and the Odyssey Launch Platform, along with launch
In an attempt to accommodate Emirates growing fleet of Airbus 380s, Dubai Airports has agreed to increase the current three A380 gates on Concourse C to thirteen. This improvement means Dubai’s airport will be able to handle more A380s than any other worldwide, with an overall total of 47 gates airport-wide. With the merging of
Twelve years after the U.S. first launched its claim that Airbus had received state aid for the development of the A380 program, the World Trade Organization (WTO) has upheld a further U.S. claim that the European Union failed to act on what was seen as illegal subsidies for the French aircraft manufacturer. This latest development
Subsequent to the nuclear accord signed between Iran and world powers, the U.S. government has given both Boeing and Airbus the green light to sell aircraft to the Middle Eastern country. The nuclear accord saw the limiting of uranium enrichment in Iran in return for the lifting of a number of international sanctions, one of
In an 88% turnout, 96% of easyJet pilots have voted for industrial action over problems with rising levels of fatigue. On September 11, it was reported that the British Airline Pilots Association (Balpa) members would vote within the forthcoming weeks and the results would be released on September 21. While talks are still ongoing between
