AviTrader sponsorship ad

Top Stories

IndiGo profits down 7.4% for Q1 due to “competitive fare pressures”

Despite IndiGo’s reported increase in operational revenue of 8.7% compared to the same quarter last year, the figure of INR45.8 billion for Q1 2017 has resulted in a net profit of only INR5.29 billion, a drop of 7.4% compared to Q1 2016. Aditaya Ghosh, IndiGo president, confirmed that profitability had fallen “primarily because of competitive

Read More »

Quatar Airways increases stake in IAG to 20% in just over 18 months

It was in January 2015 that Qatar Airways first acquired a stake in International Consolidated Airlines Group (IAG), buying 9.9% of the company for approximately £1.2 billion (US$1.7 billion), shortly after which it increased this stake to 10.01%. In May this year it increased that stake to 15.01% with the acquisition of a further 5%

Read More »

EU to arbitrate over Norwegian’s access to US market

Despite the US Department of Trade (DOT) granting tentative permission for Norwegian Air International to operate between the European Union (EU) and the US, the EU has given notice that it intends to arbitrate over whether NAI should have access to the US market. EU Transport Commissioner Violeta Bulc sent a letter to the U.S.

Read More »

US EPA paves way to curb passenger jet emissions

A major hurdle has been overcome with regard to the implementation of internationally agreed rules on airliner pollution in the USA. The US Environment Protection Agency (EPA) has ruled that greenhouse gases emitted from aircraft endanger public health. The finding now requires that the EPA regulates greenhouse gas emissions from aircraft under the Clean AirAct.

Read More »

8,800 BASSA cabin crew to vote on strike action

A new Dashboard Performance Management Scheme introduced by British airways to regularly assess the performance of cabin crew has seen 8,800 members of the British Airlines Stewards and Stewardesses Association (BASSA), a section of Unite which is the UK’s largest trade union, decide to vote on whether to take industrial action in an attempt to

Read More »
AviTrader sponsorship ad