Reading Time: 2 minutes Avia Solutions Group, the largest aviation services and solutions company group from Central & Eastern Europe, earned €420 million in consolidated revenue in 2018, a 25% increase from the year before (€337 million). Avia Solutions Group consolidated net profit increased by 96% to €14.05 million (€7.1 million in 2017). „The 2018 was another successful year […]

Reading Time: 2 minutes Rolls-Royce has delivered better-than-expected half-year results, allowing the company to raise its full-year earnings outlook. Pre-tax profit of £81 million was reported for the first half of 2018 compared to a loss of £126 million for the same period last year. Underlying operating profit was reported at £141 million compared to a loss of £84 […]

Reading Time: < 1 minute Turkish Airlines has soared back into profitability with $939 million in the third quarter taking the year to date profit to $956 million. The third quarter figures are a record for the Istanbul carrier. The successful 3rd quarter marked a 23 percent increase on total revenues compared to the same period of 2016, reaching USD […]

Reading Time: < 1 minute Boeing has reported strong earnings and operating cash flow in the second quarter of 2017, driven by improved operating performance. Second-quarter GAAP earnings per share increased to US$2.89 and core earnings per share (non-GAAP) increased to US$2.55. Revenue was US$22.7bn, reflecting planned production rates and timing of commercial and defense aircraft deliveries. Operating cash flow […]

Reading Time: < 1 minute Europe generated the most revenue for Emirates during the past year, the Dubai-based airline revealed on Thursday. In its 2016-17 annual report, in which Emirates Group posted an $670 million profit for the financial year ending March 31, it said European routes contributed $6.5 billion, unchanged from the previous year. It said revenue generated from […]

Reading Time: 2 minutes Lufthansa said it expected its fuel bill to be 14 percent lower in 2016 thanks to falling oil prices, which will help boost its profit next year after record earnings in 2015. Oil has dropped around 70 percent since June 2014, touching levels not seen in over a decade this week, bringing a boon to […]