Category: AIRLINES & AIRPORTS

Hong Kong Air Cargo Adds Jumbos

Reading Time: < 1 minute Atlas Air has placed three Boeing 747-400 freighters with Hong Kong Air Cargo Carrier under an aircraft, crew, maintenance and insurance (ACMI) deal. The first aircraft will enter service with the Hong Kong Airlines subsidiary in September, serving routes between Asia and the US. The other two will begin operations next year. “We are delighted […]

First Delta A350 Lands In Atlanta

Reading Time: < 1 minute Delta’s newest jet, touched down in Atlanta following the trans-Atlantic crossing direct from Toulouse, France, where the aircraft was assembled. On board the widebody jet were a number of employees from TechOps, Fleet Strategy and Transactions, IT, Product Marketing, Flight Operations, On Board Services and others who were instrumental in delivering the A350 to the […]

Vilnius Airport Runway Already Has A New Pavement

Reading Time: 2 minutes Vilnius Airport runway reconstruction will be successfully completed, as scheduled, on August 17th, 23:59 p.m., notes Olaf Martens, director of Vilnius Airport. This conclusion is based on the evaluation of the current state of works: the contractors have already strengthened the ground around the runway, changed the old runway pavement with the new one as […]

Aeroflot Reports Half-Year Net Profit Plunge

Reading Time: < 1 minute Russian flag carrier Aeroflot has reported its net profit for the first half of 2017 at 872 million rubles ($14.4 million) according to the national accounting practices. The figure is 9.2 times less than for the same period last year. In the first six months of the year the airline’s income increased 2.1% year-on-year to […]

Dubai Airports CEO: Too Many Issues With The Circular Runway

Reading Time: < 1 minute Dubai Airports CEO has said that the circular runway has too many issues with it to be feasible. In conversation with Aviation Business last month, Paul Griffiths said, “I think there are too many issues with it. I think a large aircraft turning landing effectively with a constant turning radius will put a lot of […]

Qatar Airways Reverses Decision To Buy 10% Stake In American Airlines

Reading Time: < 1 minute Qatar Airways has announced its decision not to proceed with the acquisition of a 10% stake in American Airlines, “taking into account the latest public disclosure” of the airline. A spokeswoman for the public relations firm representing the American carrier in the U.S. said it would not elaborate on what was being referred to as […]

Traffic Through Russian Airports Up 19% In First Half Of 2017

Reading Time: < 1 minute Between January and June this year, passenger traffic through Russian airports grew 19% to 82.008 million, the Federal Air Transport Agency (FATA) reports. The results are a striking contrast to the same period last year, when the number of passengers that passed through Russian airports decreased 2.2%. Of the country’s top-20 airports, the highest passenger […]

WestJet Reports Second Quarter Net Earnings Of $48 Million

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 […]

International Traffic Outgrows Domestic At Moscow Airports

Reading Time: 2 minutes In June 2017, the total number of international travellers through Moscow’s three main airports exceeded domestic traffic for the first time since July 2015. According to Russia’s Federal Air Transport Agency (FATA), Moscow’s Sheremetyevo, Domodedovo, and Vnukovo airports handled a total of 4.233 million passengers traveling internationally in June, up 32.5% year-on-year. Their combined domestic […]

Austrian Airlines Increases Earnings And Raises Forecast For 2017

Reading Time: 3 minutes Austrian Airlines generated considerably higher earnings than expected in the first half of 2017. Earnings before interest and taxes (EBIT) totaled EUR 8 million, comprising a year-on-year rise of EUR 6 million. Adjusted EBIT, the relevant indicator for the 2017 forecast which deducts valuation gains from aircraft sales, climbed to EUR 3 million in the […]