Tag: growth

Munich Airport Posts Strong Gains in Q1 2017

Reading Time: 1 minute 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

Reading Time: 2 minutes 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

Reading Time: 2 minutes 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 […]

Aeroflot Group Plans to Add 40 Planes to Its Fleet in 2017

Reading Time: 1 minute Aeroflot Group plans to add 40 planes to its fleet in 2017, according to the company’s investor presentation. In 2016, the company added 33 aircraft. As of December 31, 2016 Aeroflot’s fleet contained 291 aircraft (excluding one An-24 which was leased out). Aeroflot Group also plans to increase the number of passengers carried by 12-14% […]

Airways New Zealand Reports Strong Half Year Result

Reading Time: 1 minute Airways New Zealand today announced its interim results for the period ending 31 December 2016, reporting a strong operational, safety and financial performance. The State Owned Enterprise has achieved an interim net profit after tax (NOPAT) of $13.8m, a 20 per cent increase on the prior year’s $11.5 million result. During the period, Airways recorded […]

2016 – A Year of Sustained Growth for Etihad Airways

Reading Time: 1 minute Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up 6% on 2015. The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which […]

Another Strong Year for Air Travel Demand in 2016

Reading Time: 1 minute The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]

Lufthansa CEO Says Rapid Growth of Gulf Airlines Coming to An End

Reading Time: 1 minute Lufthansa believes the rapid growth phase of Gulf airlines is coming to end, which could help to ease some of the pressure in a highly competitive industry, its chief executive said on Wednesday. Speaking after signing catering and maintenance deals with Abu Dhabi-based Etihad, Lufthansa CEO Carsten Spohr said there were signs Gulf rivals were […]

Aeroflot Group Passenger Traffic Up 10.3% In 2016

Reading Time: 2 minutes Russia’s Aeroflot Group carried 43.4 million passengers in 2016, up 10.3% compared to 39.4 million passengers in 2015. Moscow Sheremetyevo Airport-based Aeroflot Airlines carried 29 million passengers, up 11% compared to 26.1 million in 2015. In addition to Aeroflot Airlines, Aeroflot Group includes Saint Petersburg-based Rossiya Airlines, Moscow-based low-cost carrier Pobeda Airlines and Russian Far […]

AirBaltic Accelerates Growth in 2017

Reading Time: 1 minute The Latvian airline airBaltic achieved +10% passenger growth in 2016, and is set to accelerate its growth with +16% of additional tickets or seats on sale in 2017 throughout its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. Chief Executive Officer of airBaltic Martin Gauss: “We are proud that 2016 was a successful […]