Tag: growth

EasyJet Posts Strong 3Q Results And Raises FY2017 Profit Outlook

UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30. As a result, easyJet raised its profit guidance and expects its pretax headline profit for the full-year to reach £380–£420 million, compared with the £365 million analysts predicted. However, the LCC warned low […]

airBaltic Achieves Record Passenger Growth In The Baltic Region

In the first five months of 2017, the Latvian airline airBaltic has transported 29% more passengers from Lithuania and Estonia compared to the same period a year before. From January until May, airBaltic has transported a record number of passengers – 146,116 customers from Estonia, the highest number since the beginning of operations in Estonia. […]

Heathrow Has Best April On Record – Exports Growing Rapidly

A busy Easter helped Heathrow Airport to break records as over six million passengers were welcomed during the month, an 11% raise compared to April 2016. Middle-East traffic rose 20% in light of an increase in the number of operational A380s and the new service to Tehran, whilst North American traffic rose 10% on higher […]

Global Air Freight Demand Increases 14% In March

The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew […]

Moscow Airports Report Increased Traffic Growth in March

The number of passengers served by Moscow’s Domodedovo, Sheremetyevo, and Vnukovo airports increased by 16.4% year-on-year to 6.071 million, the Federal Air Transport Agency (FATA) reports. To compare, the February growth across the three airports stood at 15.4%. Vnukovo saw its passenger traffic decline year-on-year in March; the Sheremetyevo figures remained unchanged, while Domodedovo built […]

London Oxford Airport Sees Trend in Larger Bizjets

London Oxford Airport finished 2016 as the sixth busiest London airport for business and general aviation – ahead of London City Airport – and entered 2017 as the 16th busiest in Europe – in front of London Stansted and Northolt – according to the latest data from WINGX and Eurocontrol. Significantly, the airport is regularly […]

Lithuanian Airports Growing Faster Than the Average In Aviation Market

The first quarter of 2017 in Lithuanian Airports was marked by significant results. Not only the number of passengers in the country’s airports exceeded one million and was 16% higher than during the same period last year, but also the number of flights in Vilnius, Kaunas and Palanga grew by 12% and amounted to 12,000. […]

Munich Airport Posts Strong Gains in Q1 2017

Munich Airport’s dynamic growth has continued into the first quarter of 2017: both passenger traffic and the number of take-offs and landings were up over 5 percent as compared with the same quarter a year earlier. The airport handled 9.4 million passengers – more than ever before in the first quarter of a calendar year. […]

airBaltic – Growth and Profit in 2016

The Latvian airline airBaltic has achieved its first year of growth after the successful turnaround period, and demonstrated positive results, both on EBIT and net income. “After an intensive period of turnaround airBaltic is back on a profitable growth path and able to offer lower prices and more destinations with our brand new aircraft”, says […]

Skopje Airport Eyes Strong 2017 Growth

Skopje Alexander the Great Airport is heading for another year of record growth with six new routes confirmed so far for the upcoming summer season and a number of carriers adding frequencies. Low cost airline Wizz Air will again fuel the growth at Macedonia’s largest airport with a fourth aircraft to be stationed in the […]