Reading Time: < 1 minute Russian flag carrier Aeroflot has reported its net profit for the first half of 2017 at 872 million rubles ($14.4 million) according to the national accounting practices. The figure is 9.2 times less than for the same period last year. In the first six months of the year the airline’s income increased 2.1% year-on-year to […]

Reading Time: 2 minutes Airbus SE has reported half-year (H1) 2017 financial results and maintained its guidance for the full year. Order intake totalled €37.2bn (H1 2016: €39.1bn) with the order book valued at €981bn as of 30 June 2017 (year-end 2016: €1,060bn). A total of 203 net commercial aircraft orders were received (H1 2016: 183 aircraft), with the […]

Reading Time: 2 minutes Turkish Airlines recorded a net loss of 1.894 million lira ($644 million) for the first half-year ended June 30, compared to a profit of 1.035 million lira for the same period a year ago. The Star Alliance member had experienced “challenging conditions” in the tourism sector, including a series of terrorist bombings in Turkey, which […]

Reading Time: 5 minutes “The Lufthansa Group achieved a solid result for the first half-year,” says Carsten Spohr, Chairman of the Executive Board & CEO of Deutsche Lufthansa AG. “We are making good progress in implementing our Three-Pillar-Strategy. We see progress in all the areas where we can influence the changes ourselves. And this is particularly true for our […]