Reading Time: < 1 minute International Consolidated Airlines Group (IAG) presented Group consolidated results for the three months to March 31st, 2016. IAG reported first quarter operating profit of €155m before exceptional items (2015: operating profit of €25m), excluding Aer Lingus €181m. Passenger unit revenue for the quarter was down 3.5% and at constant currency down 4.7% (excluding Aer Lingus […]

Reading Time: < 1 minute In 2012 the loss of 4,500 jobs at Iberia was announced during a period of restructuring where the airline reduced its fleet by 25 aircraft and its network capacity cut by 15% in a bid to reverse cash losses by mid-2013 and raise profits by at least €600m. These job cuts came hot on the […]

Reading Time: < 1 minute European Flyers has announced the largest training centre for aviation and helicopters in southern Europe, a new base of operations located in Alicante, at Mutxamel airfield. The brand new headquarters is the hub of an ambitious project that will respond to the demand for training of more than 550,000 new jobs commercial pilots, according to […]