Reading Time: 8 minutes Group records 28th consecutive year of profit, and new record profit of AED 8.2 billion (US$ 2.2 billion) Steady business growth in line with capacity increases, significant investment in the business at AED 17.3 billion (US$ 4.7 billion) Declares a dividend of AED 2.5 billion (US$ 681 million) to the Investment Corporation of Dubai. Emirates […]
Reading Time: 3 minutes A few weeks ago Airports Council International (ACI) made their calculations and information updates about the world‘s busiest passenger airports in 2015. With the updated traffic results of the world’s biggest hubs it will be our pleasure to reveal TOP 12 busiest airports for passenger traffic in 2015. The definition of world’s busiest airport has […]
Reading Time: < 1 minute The Delhi-based low-cost airline, IndiGo is to start its 15th direct flight between Delhi and Bengaluru and 11th direct flight between Delhi and Chennai from June 1. In a communication to travel agents, the airline has said that the 15th direct daily service between Delhi and Bengaluru will leave at 11.30 p.m. and arrive in […]
Reading Time: 3 minutes The International Air Transport Association (IATA) announced global passenger traffic results for March showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.3%, compared to the same month last year. Capacity grew slightly faster at 5.9% which pushed the average load factor down by half a percentage point to 79.6%. March performance shows […]
Reading Time: < 1 minute China is set to invest 77 billion yuan (about $11.9 billion) during 2016 to upgrade its civil aviation infrastructure, which will include the construction of new airports, according to comments made by the head of the country’s civil aviation regulator Wednesday and reported by Xinhua News Agency. The world’s second-largest economy and the most populous […]
Reading Time: < 1 minute Aeroflot subsidiary Aurora Airline—which serves Russia’s Far East—carried 276,827 passengers in the first quarter, up 22% year-over-year (YOY), as a result of network and fleet growth. In the first quarter, Aurora carried 216,454 domestic and 60,373 international passengers. It carried 1,638 tonnes of cargo, up 33% YOY. Total flying hours for the quarter were up […]
Reading Time: < 1 minute In the first quarter of 2016 (1Q16), Embraer delivered 21 commercial and 23 executive (12 light and 11 large) jets, representing an increase of 38% in total deliveries compared to 1Q15. – The Company’s firm order backlog ended the quarter at US$ 21.9 billion, compared to US$ 20.4 billion at the end of 1Q15 and […]
Reading Time: 3 minutes The city of Adelaide today welcomed the first Qatar Airways flight to arrive at its international airport from Doha, Qatar. The inaugural flight was greeted by a delegation of VIPs including South Australia’s Minister for Tourism, Hon. Leon Bignell; Adelaide Airport Managing Director, Mr. Mark Young; the Governor of South Australia, His Excellency the Hon. […]
Reading Time: < 1 minute The United Arab Emirates’ national airline says several passengers were injured when one of its flights encountered sudden turbulence as it prepared to land in the Indonesian capital, Jakarta. Etihad Airways said on Wednesday that flight EY474 from its hub in Abu Dhabi was hit by “severe and unexpected turbulence” about 45 minutes before landing […]
Reading Time: < 1 minute The U.S. Army awarded LONGBOW Limited Liability Company (LLC) a $57.1 million foreign military sale contract to provide the Indian Air Force with LONGBOW Fire Control Radar (FCR) systems for their new Apache AH-64E helicopters. LONGBOW LLC is a joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman Corporation (NYSE: NOC). Under this contract, $57.1 […]