Compared to the same six-month period for the 2015 financial year when the company made a profit of £7.0 million, easyJet has reported losses this time around amounting to £24.0 million. Despite this, Carolyn McCall, easyJet Chief Executive said “easyJet has delivered a robust financial performance during the half year despite the well-publicised external events.”
The Civil Aviation Administration of China (CAAC) has said that 11 major construction projects, along with 52 aviation-related upgrades to current facilities, will be the focus of their attention this year, allocating a budget of CNY77 billion (US$11.9 billion) according to the Xinhua News Agency. The news agency was told by Feng Zhenglin, head of
In the wake of a continued downturn in Brazil’s economy, combined with the worst crisis the aviation industry has witnessed there in years, the Brazilian government could, under the leadership of the current Vice President, Michel Temer, relax the regulations surrounding controlling stakes in local airlines to allow greater foreign control. Current legislation restricts foreign
Despite two previous rafts of cuts in senior management which saw 200 management positions eliminated at Rolls-Royce in an attempt to meet target profits, the near break-even for the first six months of this year has seen the implementation of further measures in an attempt to turn round the company’s finances. The company’s intention is
In what has been described as a bizarre situation by the airport operator, increased security measures at Brussels airport have caused many flight delays and a good number of passengers to miss their flights. This includes the former Belgian Prime Minister, Yves Leterme, who missed his Budapest flight after being delayed by two hours and
On April 15 the US Department of Transport granted tentative approval for Norwegian Air International’s permit that would allow it to fly both to and from the US in direct competition with US carriers. However, that decision was then opened up to public scrutiny and the Allied Pilots Association (APA), which represents over 15,000 American
Alitalia is looking to acquire a substantial stake in Air Malta, and the two airlines have signed a Memorandum of Understanding (MOU) which will allow the Italian flag carrier to carry out comprehensive due diligence on the Valetta-based airline. Once due diligence has been completed, the two airline boards will convene to decide whether or
Bombardier’s CS100 program has been given a major boost with confirmation of a firm order for 75 aircraft from Atlanta-based Delta Air Lines. Though likely to be heavily discounted, the order at list price is valued at US$5.6bn. In addition, Delta also placed options on a further 50 CS100s, though it may choose to convert
The German public services union, Verdi, which represents 2.14 million workers, has voted for a strike this Wednesday in support of a 6% wage rise. Areas in the above airports which will be affected will include ground services, check-in, shops, aviation security inspectors and the fire service. It is expected that at Munich alone over
The FAA has issued an Airworthiness Directive (AD) for the PIP2 GE Aviation GEnx engine, ordering a modification after a “recent engine fan blade rub event … caused an inflight non-restartable power loss” on a GEnx-1B Performance Improvement Package (PIP) 2 engine. In addition, it has ordered revised guidance for pilots operating 787s to mitigate
