Air Astana has reported net profit (unaudited) for 2015 of US$47.4million, an increase of 144% over 2014. Passenger numbers increased by 2% to 3.86 million, whilst capacity increased by 6%. Total revenue fell by 21%from US$933million to US$738.1million. Commenting on the results, Air Astana President & CEO, Peter Foster stated, “a sharp fall in revenue was more than compensated f...
Frédéric Gagey, Chairman and CEO of Air France, today presented strategic guidelines for 2017 – 2020 to the Central Works Council, within the framework of the Perform 2020 plan. This project reflects the ambition of Air France and draws on the improvements in the macroeconomic environment and the results of efforts already made in 2015. This project sets out:...
Philippine Airlines’ inaugural flight to Kuwait marked the start of the flag carrier’s route network expansion for 2016. The send-off ceremony held at the NAIA Terminal 2 last Sunday (January 17) was attended by PAL President and Chief Operating Officer Jaime J. Bautista and Kuwaiti Ambassador to the Philippines Waleed Ahmad Al Kandari. Joining them were, from l...
“ABN AMRO is a welcome addition to KLM’s Corporate BioFuel Programme. KLM is working with partners worldwide to speed up the development of sustainable biofuel, which will lead to growing demand and lower prices, hopefully prompting other airlines to start using biofuel. Every new development is a step towards a more sustainable air transport industry" –...
Tyrolean Jet Services is on the market since 1978. In the beginning it was a Swarovski corporate flight department, which later became an independent business structure. For a charter flight there are many options to choose from: two ACJ319, one ACJ318 ER, Bombardier Global Express, Gulfstream G550, Cessna Citation VII and Beechcraft King Air 200GT. A few more aircraft are managed by the op...
Aviation had its safest year on record in 2015 with one accident per five million flights, with the loss rate halving in five years, according to the Association of Asia Pacific Airlines (AAPA). The association says there were four major accidents operated by commercial airlines, including Germanwings flight 9525, which the co-pilot, Andreas Lubitz flew into the French Alps, and Metrojet flight...
TAG Aviation’s Le Bourget Maintenance Service Centre has become a Rockwell Collins authorised business and regional systems (BRS) dealer. TAG Aviation Le Bourget is now authorised to promote and sell a wide range of the US manufacturer’s products including venue cabin management and entertainment solution, an interactive Airshow moving map and Tailwind airborne satellite TV. &ldq...
Airbus has declared its new Silicon Valley-based $150 million venture capital fund and innovation centre to be fully operational. The objective of the Airbus Ventures fund is identifying and investing in “visionary entrepreneurs in the global aerospace ecosystem,” says the manufacturer. It has already made an unspecified investment in an Arizona company, Local Motors, which has e...
Russian aerostructures supplier Aviastar has shipped fuselage panels for the second prototype MC-21 to the aircraft's developer Irkut. Production of the panels for the third example, and of the auxiliary power unit (APU) cover for the second, is also under way, says Aviastar. In 2016, the Ulyanovsk-based company will also produce the doors – 11 for each aircraft &nda...
Norwegian (DY, Oslo Gardermoen) founder and CEO Bjørn Kjos says Malaysian LCC brand AirAsia (AK, Kuala Lumpur Int'l) would be a "perfect match" for his airline. According to Norway's Dagens Næringsliv, Kjos said the two budget carriers could compliment each other's operations with Norwegian's European traffic feeding into AirAsia's Asian operations and vi...
Thanks largely to a revitalised and business-focused Virgin Australia, Perth Airport is now home to what is possibly the best domestic terminal in Australia; Virgin’s T1 Domestic Pier. Over 4,200 people were involved in the construction of T1 Domestic. The project took 1.8 million man-hours, resulting in a concourse that stretches 250 metres; longer than the height of WA’s largest s...
Air France told unions that it’s ready to add planes and routes to expand capacity by 2 to 3 percent annually from 2017 through 2020 in return for productivity improvements as an improved economic outlook boosts earnings prospects. Management told representatives of pilots, flight attendants and ground staff at a works council meeting Friday that Air France remains prepared to adopt...
