Reading Time: 2 minutes Ireland-based low-cost carrier (LCC) Ryanair saw its third-quarter profits fall 8% compared to the same period in the previous year, as geopolitical events pushed more capacity into its market and yields fell. The LCC reported net profits of €95 million ($102 million) for the third quarter of its financial year ended Dec. 31, down from […]
Reading Time: < 1 minute Undoubtedly, aviation continues to flourish at a furious pace. Especially booming economies, falling fuel prices, an ever-expanding foreign trade as well as the development of the tourism industry are pushing the sharp increase in the commercial sector which serves the greatest number of customers. Correspondingly, the skyrocketing demand for air services poses one of the […]
Reading Time: < 1 minute European manufacturer Airbus had a quiet start to 2017, with just four aircraft—one A320ceo for Mexico’s VivaAerobus and three A350-900s for Air France—sold. That figure was effectively halved as two previous sales, the last pair of A380s for the French flag carrier, were converted to A350-900s, giving a net tally of two. The continuing move […]
Reading Time: 2 minutes The UK government has told London Heathrow Airport to improve domestic connectivity and offset the social impact of its planned third runway as part of a bid to secure planning permission. The measures were outlined in a draft airports national policy statement (NPS), published Feb. 2, and opened to a 16-week UK-wide public consultation. The […]
Reading Time: < 1 minute The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]
Reading Time: < 1 minute Lufthansa believes the rapid growth phase of Gulf airlines is coming to end, which could help to ease some of the pressure in a highly competitive industry, its chief executive said on Wednesday. Speaking after signing catering and maintenance deals with Abu Dhabi-based Etihad, Lufthansa CEO Carsten Spohr said there were signs Gulf rivals were […]
Reading Time: < 1 minute A Swiss Global Airlines Boeing 777-300, registration HB-JND performing flight LX-40 from Zurich (Switzerland) to Los Angeles,CA (USA), was enroute at FL320 about 290nm north of Iqaluit,NU (Canada), when the left hand engine (GE90) showed a fault and shut down automatically. The flight crew drifted the aircraft down and diverted to Iqaluit for a safe […]
Reading Time: < 1 minute A Rossiya Boeing 747-400, registration EI-XLG performing positioning flight FV-5418 from Cambridge,EN (UK) to Moscow Vnukovo (Russia), was climbing out of Cambridge’s runway 23 when the landing gear did not move after being selected up. The aircraft stopped the climb at 4500 feet and returned to Cambridge for a safe landing on runway 23 about […]
Reading Time: < 1 minute The International Air Transport Association (IATA) works with its 265 member airlines for safe, secure, efficient and sustainable global air transport links. As a matter of principle we work for the free movement of trade and people across borders. IATA also recognizes that states have the right and duty to protect their citizens by enforcing […]
Reading Time: 2 minutes German authorities have cleared Lufthansa to wet lease 38 Airbus A319/320s from airberlin, according to a Bundeskartellamt statement Jan. 30. Under the wet-lease agreement, airberlin will lease the aircraft—which are stationed at German and Austrian airports—to Lufthansa and its subsidiaries Eurowings and Austrian Airlines. Eurowings will take 33 of the aircraft, enabling it to phase […]