Tag: Q1

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 […]