Tag: bizav

Russia Sees 21% Increase In Passenger Traffic

Reading Time: < 1 minute Russian airlines carried 27.1 million passengers from January-April 2017, up 20.8% year-over-year (YOY). International traffic grew 32.5% to 10.4 million; domestic traffic was up 14.6% to 16.8 million. Load factor increased 2.9 points YOY to 79.4%. Cargo and post traffic grew 23% YOY to 345,463 tonnes. Individual airlines report the following January-April traffic figures: Aeroflot […]

FL Technics To Supply Spares For APAC Carriers

Reading Time: < 1 minute Lithuania’s FL Technics will provide component spares for a number of Asia-Pacific airlines along with one of the region’s largest maintenance providers following approval. The likes of Asiana Airlines, AirAsia X, Nok Air, Bangkok Airways, and T’way Airlines and Indonesian MRO GMF AeroAsia have all approved FL Technics to provide the services from its warehouse […]

Ryanair Posts Full Year Net Income Of €1.316 Billion

Reading Time: 6 minutes Ryanair, Europe’s No. 1 airline, reported a 6% increase in full year net profit to €1.316bn. The combination of a 13% cut in average fares, coupled with Year 3 of the “Always Getting Better” (AGB) programme delivered 13% traffic growth to 120m customers, and an industry leading 94% load factor. Unit costs fell by 11% […]

British Airways To Lose €80 Million After Weekend IT Catastrophe

Reading Time: 2 minutes British Airways (BA), the UK’s flag-carrying airline has been left to lick its wounds after a backup generator failed to kick-in immediately following a power surge and which knocked out its whole of the carrier’s computer system on Saturday. This left the airline having to cancel all weekend flights from both Heathrow, Europe’s busiest airport, […]

Air Berlin Suffers 1Q Losses Of Almost €300 Million

Reading Time: < 1 minute Air Berlin (AB, Berlin Tegel) suffered first quarter losses of EUR293.3 million (USD328 million), an increase of 60% on losses for the same period last year. Its first quarter financial results, published this week, also show that revenue was down EUR87.5 million (USD98 million) to EUR649.6 million (USD726.5 million) for the quarter. According to Air […]

Russia May Supply 1,000 MC-21 Planes To 2037

Reading Time: < 1 minute Russia may supply 1,000 of its newest MC-21 planes to 2037, Minister of Industry and Trade Denis Manturov said on Sunday. “Meeting the announced technical and economic criteria, organization of the effective modern integrated logistic support and after-sale service, as well as formation of attractive financial sales models will mean reaching the total supplies of […]

SWISS Takes Delivery Of Its First Bombardier CS300

Reading Time: < 1 minute Swiss International Air Lines (SWISS) has taken delivery of the first of 20 Bombardier CS300 aircraft it has on order. SWISS, the launch operator for the smaller CS100, will become the first airline to operate both variants of the CSeries when the CS300 enters service on the Geneva-London Heathrow route June 1. SWISS ultimately plans […]

Watch How Russian MC-21 Narrow Body Makes Successful First Flight

Reading Time: 2 minutes Russia’s newest commercial passenger aircraft, the MC-21 has made its first flight. It is the first Russian-made narrowbody commercial passenger aircraft designed in the post-Soviet era. The maiden flight of MC-21-300 commercial aircraft took place at the airfield of Irkutsk Aviation Plant, the affiliate of Irkut Corporation (a UAC member). The duration of the flight […]

United Feels Prepared For the Summer Season

Reading Time: < 1 minute Since the end of last summer, United Airlines has been preparing for this summer’s busy flying season, which kicks off June 1. “I think we’re better prepared this summer than I’ve ever seen us prepared, so I’m conservatively having a very positive outlook on what our performance will be,” says Don Wright, VP maintenance operations. […]

Brussels Airlines Makes Investment To Renew Its Long-Haul Fleet

Reading Time: 2 minutes Brussels Airlines will acquire seven Airbus A330-300 ‘CEO’ aircraft to replace seven older A330-200 and A330-300 aircraft that are ending their leasing period. This is expected to take place between 2018 and 2019. The carrier, together with the Lufthansa Group, conducted a comprehensive study on the replacement of seven of their ten long-haul aircraft. Based […]