Tag: Q1

Airbus and Boeing: Hard Road Through 3 Months of 2019

Reading Time: 2 minutes The first quarter of 2019 appeared to be challenging. For both Airbus and Boeing, although for different reasons. Both struggled with cancellations of orders. Both faced troubles with separate commercial aircraft programs. Let’s go through the key factors that had the greatest impact on the planemakers’ activity and changed the course of their performance. Airbus: […]

Aeroflot Subsidiary Aurora Airline 1Q Traffic Up 22%

Reading Time: 1 minute Aeroflot subsidiary Aurora Airline—which serves Russia’s Far East—carried 276,827 passengers in the first quarter, up 22% year-over-year (YOY), as a result of network and fleet growth. In the first quarter, Aurora carried 216,454 domestic and 60,373 international passengers. It carried 1,638 tonnes of cargo, up 33% YOY. Total flying hours for the quarter were up […]

Air France-KLM Narrows Loss in 1Q

Reading Time: 2 minutes Air France-KLM Group has reported a first-quarter net loss of €155 million ($175.3 million), narrowed from a €559 million net loss in the year-ago period. “Air France-KLM is continuing to deliver a clear improvement of its financial indicators in the first quarter of 2016, leading to a significant increase of its operating result while continuing […]

Embraer Releases First Quarter 2016 Results

Reading Time: 1 minute In the first quarter of 2016 (1Q16), Embraer delivered 21 commercial and 23 executive (12 light and 11 large) jets, representing an increase of 38% in total deliveries compared to 1Q15. – The Company’s firm order backlog ended the quarter at US$ 21.9 billion, compared to US$ 20.4 billion at the end of 1Q15 and […]

Mixed First Quarter Fortunes For Frankfurt

Reading Time: 1 minute Frankfurt airport operator Fraport said it had mixed financial results in a challenging business environment in its interim report for the first quarter of 2016. With passenger traffic still growing – up 3.3% year-on-year, Fraport achieved higher revenue from airport and infrastructure charges as well as from aircraft handling, but this was offset by a […]

WestJet: It’s Weathering Weak Economy, Posts $87.6 Million Profit in Q1

Reading Time: 1 minute CALGARY – WestJet Airlines Ltd. says the fundamentals of its business remain strong despite the impact of economic weakness in Alberta, the airline’s home base. The Calgary-based company  says it had an $87.6 million profit, or 71 cents per share, in the first quarter. Revenue was $1.03 billion, including $145.2 million from additional fees and […]

Heathrow Retail Revenue +10.6% in Q1 2016

Reading Time: 1 minute Spend per passenger at Heathrow Airport climbed +7.7% to reach £8.10 in the first three months of this year, figures show. In its Q1 results announced today, the London hub reported an increase in retail revenue of +10.6% to reach £136 million, due largely to significant refurbishments at Terminal 5 that have piqued duty and […]