Tag: annual report

SSJ100 Production Rate up in 2017

Russia’s Sukhoi Civil Aircraft Company (SCAC) built 34 Sukhoi Superjet 100 (SSJ100) regional jets in 2017, or nearly 55% up on 2016. The previous peak in production dates back to 2014 at 37 airframes. SCAC delivered 30 SSJ100s in 2017. The aircraft mostly went to VEB Leasing, which has a lease contract with Aeroflot for […]

FAA’s Annual Forecast Predicts Sustained and Continued Growth

The FAA released its annual Aerospace Forecast Report Fiscal Years 2017 to 2037 in which it has predicted sustained and continual growth in most aspects, from general aviation private flying to large commercial passenger airlines. It has predicted a 2.4 percent annual growth in RPMs (Revenue Passenger Miles) between 2016 and 2037 for mainline and […]

Norwegian Reports 2016 Net Profit of More than NOK1.1bn

Global expansion driven by new routes, high load factors and continued fleet renewal, contributed to Norwegian’s best ever annual result, with a net profit of NOK1,135m (£109m). Operating profit (EBIT) was NOK1,820m. The results are influenced by Norwegian’s international growth, particularly on intercontinental routes, as well as increased presence in the UK and Spain. The […]

Virgin Australia Posts $225 Million Loss

Virgin Australia will post an annual loss of $224.7 million due to the impairments and charges it expects to record from its plans to position the airline for future profitability. Australia’s second biggest carrier reports its full year results on August 5, but in a fourth quarter trading update has warned of the impact of […]

Are Airbus Helicopters In Trouble?

On February 24th, Airbus Group has presented a full 2015 annual report which was held in London, UK. As a part of European multinational aerospace and defense corporation, Airbus Helicopters achievements were overviewed and took place in the annual speech of the CEO of Airbus, Tom Enders. The representative of Airbus was highlighting the importance […]