The International Finance Corporation (IFC), the World Bank unit tasked by the Croatian government to find a suitable partner for Croatia Airlines (OU, Zagreb), has located three firms willing to invest in the airline. According to EX-YU Aviation News, sources close to the privatization process told the Večernji list newspaper that the firms include Lufthansa (LH, Frankfurt Int'l), Turkish...
Aeroflot Group («the Group», Moscow Exchange ticker: AFLT) today published its consolidated interim financial statements for the nine months ended 30 September 2015, in accordance with International Financial Reporting Standards. 9M 2015 Operating and Financial Highlights for Aeroflot Group: • Group passenger traffic increased by 13.3% year-on-year,...
Cathay Pacific Airways yesterday said it would pay C$6 million ($4.48 million) to settle an antitrust case in Canada involving its cargo operations. According to media reports in Hong Kong, the carrier made the announcement in a filing to the local stock exchange, and the settlement agreement is pending approval by the Canadian courts. The filing reportedly also said that Cathay Pacific...
Air Charter Service has continued to grow in Germany in 2015, the company has moved into new premises in Frankfurt. Caroline Werf, managing director ACS Germany said: “We are near the end of what is set to be our record year and we have almost doubled in size, in terms of staff, since January. This new office is nearer the centre of the city and will better serve most of our clients who a...
Etihad Airways’ unique mobile product exhibition will welcome attendees of the International Luxury Travel Market at the steps of the Palais des Festivals in Cannes, France, this week. Attracting 1,500 global luxury buyers, the ILTM event is a major showcase for the world’s finest travel experiences. Peter Baumgartner, Etihad Airways chief commercial officer, said: “Our cab...
easyJet has announced that it has further enhanced its award-winning mobile app by adding live aircraft tracking functionality directly from Flightradar24. The airline is the first in the world to have collaborated with Flightradar24 to integrate the feature into a mobile app, meaning passengers can view the exact whereabouts of the aircraft they are due to fly on in real time up to three hours...
Qatar Airways has announced that it will suspend its non-stop service between Doha, its home airport, and Osaka Kansai International Airport (KIX), Japan, after March 31, 2016, due to commercial reasons. Qatar Airways first started service to Osaka on 31 March 2005. From 12 January 2016, Qatar Airways will serve Osaka five times weekly (down from a daily non-stop service) from Doha, with a...
EgyptAir stopped mail and freight on its flights to the United States and the United Kingdom earlier this month, ch-aviation reports. Only passenger luggage is being allowed on-board for flights to and from New York JFK and London Heathrow, with other freight being shipped by cargo aircraft. This comes as security checks on freight and luggage are increased after the US Transportat...
GE Aviation recently approved all of ExecuJet's repair facilities as authorized service centers (ASCs) for its CF34-3 engines, which power the Bombardier Challenger series of aircraft. The official announcement was made during last week’s NBAA convention in Las Vegas, NV. ExecuJet’s Middle East division already received authorization to perform line maintenance on...
With the Mitsubishi Regional Jet's maiden trial flight completed, the groundwork is being laid to make a push in the crucial U.S. market. Mitsubishi Aircraft is preparing five test planes, seeking to gain clearance for commercial operation by the spring of 2017. Four of these planes will be taken to the U.S. next summer. The count...
Jetstar’s newest route to Vietnam has taken off in a big way with its inaugural flight to Da Nang departing at full capacity this evening as travellers from Singapore – and beyond – benefitted from first time low fares to one of Asia’s newest exotic destinations this year-end holidays. Jetstar Asia is the first LCC to connect Da Nang and Singapore, offering thr...
Etihad Airways, the Abu Dhabi-based airline, said it was targeting an increase in its Emirati passengers with the launch of its latest advertising campaign specifically for Emiratis as the airline aims to increase brand loyalty among that demographic. During a media briefing on Sunday, Etihad said that the new advertisement will be released on December 1 to coincide with the UAE’s Nationa...
