Reading Time: 2 minutes Oceania airlines and airports ranked among the top 20 most punctual mainline and low-cost carriers in 2017, a report says. The Punctuality League report from aviation consultancy OAG said Qantas was the fifth most punctual mainline carrier of 2017 with an on-time performance of 86.18 per cent. Two other local carriers also made the top […]
Reading Time: < 1 minute The Boeing Company announced today deliveries across its commercial and defense operations for the third quarter of 2017. Major program deliveries during the third quarter and year-to-date, including deliveries under operating lease (which are identified by parentheses), were as follows:
Reading Time: 8 minutes Malaysia Airlines experienced a tough second quarter with heightened competition and adverse forex movement. Load factors continued to be strong and passenger revenue saw positive year on year (YoY) growth amidst the tough operating environment. Group CEO Peter Bellew said, “The second quarter passenger revenue saw an increase of 8%, on the back of 1.8% […]
Reading Time: 2 minutes Air New Zealand says it is optimistic about the year ahead as the competitive environment eases after reporting a 17.5 per cent decline in full year profit in 2016/17 as it battled the arrival of new entrants into its home market. Net profit for the 12 months to June 30 2017 came in at NZ$382 […]
Reading Time: < 1 minute Honda Aircraft Company announced that the HondaJet was the most-delivered jet in its category for the first half of 2017, as reported by the General Aviation Manufacturers Association. Honda Aircraft delivered 24 aircraft to customers in the U.S., Canada, Mexico, and countries in Europe during the first six months of 2017. The company is steadily […]
Reading Time: < 1 minute WestJet announced July 2017 traffic results with a load factor of 85.6 per cent, an increase of 0.4 percentage points year over year. Revenue passenger miles (RPMs), or traffic, increased 6.8 per cent year over year, and capacity, measured in available seat miles (ASMs), grew 6.4 per cent over the same period. The airline flew […]
Reading Time: < 1 minute WestJet announced its second quarter results for 2017, with net earnings of $48.4 million, or $0.41 per fully diluted share, as compared with the net earnings of $36.7 million, or $0.30 per fully diluted share reported in the second quarter of 2016, up 32.0 per cent and 36.7 per cent, respectively. WestJet achieved its 49th […]
Reading Time: 2 minutes Bombardier reported a $296 million net loss for the 2017 second quarter, narrowed from the Canadian manufacturer’s $490 million net loss in 2Q 2016. Bombardier’s consolidated revenue for the quarter totaled $4.1 billion, down 5% from $4.3 billion in the year-ago quarter. Bombardier said its revenue performance was mainly a result of production rate adjustments […]
Reading Time: 2 minutes Airbus SE has reported half-year (H1) 2017 financial results and maintained its guidance for the full year. Order intake totalled €37.2bn (H1 2016: €39.1bn) with the order book valued at €981bn as of 30 June 2017 (year-end 2016: €1,060bn). A total of 203 net commercial aircraft orders were received (H1 2016: 183 aircraft), with the […]
Reading Time: < 1 minute Bombardier reported its first quarter 2017 results, demonstrating continued momentum executing its turnaround plan. Highlighting the company’s progress was strong organic growth at Transportation, EBIT margin(1) expansion at both Transportation and Business Aircraft, and significantly improved year-over-year cash performance. Bombardier reported revenues of $3.6 billion and EBIT before special items was $128 million. EBIT margins […]