Tag: bizav

AirAsia X Net Profit Down 94% In 1Q

Reading Time: < 1 minute Long-haul, low-cost carrier (LCC) AirAsia X reported a first-quarter net profit of MYR10.3 million ($2.3 million), down 94% compared to net profit of MYR179.5 million ($42 million) in the year-ago quarter. First-quarter operating revenue was up 22% to MYR1.2 million and operating profit fell 43% year-over-year (YOY) to MYR60.3 million. Passengers carried rose 33%, lifting load […]

Delta’s First A350 Takes Off For The First Time

Reading Time: < 1 minute Delta’s first Airbus A350-900 — yet to be painted in Delta’s signature livery — took to the skies early Monday morning in Toulouse, France, where the aircraft is assembled, kicking off two months of flight testing, and a fresh paint job, prior to delivery to the airline mid-summer. The lightweight, composite widebody aircraft will be […]

Air Hamburg Becomes Launch Customer For Embraer Legacy 650E

Reading Time: 2 minutes Embraer announced that Germany-based charter operator Air Hamburg is the launch customer for the new Legacy 650E. Air Hamburg will expand its Embraer business jet fleet with an additional order for three new Legacy 650E. The contract has a value of USD 77.7 million, based on current list prices, and will be included in the […]

Airbus Corporate Jets Launches ACJ330neo

Reading Time: 2 minutes Airbus Corporate Jets has launched a private jet version of its new A330neo, which combines new-generation engines and aerodynamic and other improvements to deliver even more comfort, efficiency and true “nonstop to the world” range. Called the ACJ330neo, it will fly 25 passengers 9,400 nm/17,400 km or 20 hours, enough to fly nonstop from Europe […]

Singapore Airlines Group Annual Net Profit Down 55%

Reading Time: 2 minutes Singapore Airlines Group (SIA) reported a FY2016-17 net profit of S$360 million ($259 million) for the fiscal year through March 31, down 55% from S$804.4 million in the previous year. SIA attributed the loss in part to the fourth-quarter net loss of S$138 million, reversed from a net profit of S$225 million in the FY2015-16 […]

Airbus Helicopters Rolls Out 700th H130

Reading Time: < 1 minute Airbus Helicopters celebrated a major milestone last week with the roll-out of the 700th H130 light single-engine helicopter, which will be operated by a private customer. The H130 fleet has so far accumulated more than 1.8M flight hours with 340 operators worldwide. Since entry into service of the first EC130 in 2001, this light single […]

Malaysian Airlines To Lease Eight Alitalia Jets

Reading Time: < 1 minute Malaysian Airlines CEO Peter Bellew has told Reuters he is willing to lease jets from Italy’s troubled Alitalia. Alitalia entered administration proceedings last month after a restructuring bid, involving job and compensation cuts, by shareholder Etihad failed. Meanwhile Bellew has said he wants to lease either the carrier’s A330s, B777s or a combination in a […]

UAE Sets Out Its Goals For Infrastructure

Reading Time: 3 minutes The UAE is aiming to take top ranking in the air transport infrastructure sector of the World Economic Forum’s Global Competitiveness Index by 2021. Delivering the keynote address at the Global Airport Leaders’ Forum in Dubai – part of the annual Airports Show – His Excellency Omar Bin Ghalib, Deputy Director General of the country’s […]

China Airlines Launches First A350 XWB Flights To The US

Reading Time: < 1 minute Taipei-based China Airlines launched its first Airbus A350 XWB route to the US May 14, from Taipei Taoyuan International Airport to San Francisco, California. The 2X-weekly service will be increased to 4X-weekly from June 28, supplementing the existing daily Taipei-San Francisco flights to 11X-weekly services. The Taiwanese SkyTeam member has 14 A350-900s on order with […]

Iran Air Gets Its First Four ATR-72-600s

Reading Time: < 1 minute Iran Air took delivery of its first four ATR 72-600s. ATR and Iran Air finalised a firm contract for 20 ATR 72-600s and options for a further 20 only last month. Deliveries of the 20 firm aircraft will extend until the end of 2018. Following the relief of international sanctions on Iran, there is a […]