Reading Time: < 1 minute Europe generated the most revenue for Emirates during the past year, the Dubai-based airline revealed on Thursday. In its 2016-17 annual report, in which Emirates Group posted an $670 million profit for the financial year ending March 31, it said European routes contributed $6.5 billion, unchanged from the previous year. It said revenue generated from […]
Reading Time: < 1 minute Aviation companies are increasingly exploring automated systems in areas such as parts tracking in the warehouse, but are met with implementation challenges. Satair, the wholly owned Airbus aftermarket logistics subsidiary, is started investing heavily in re-automation throughout its network with new systems introduced at its Ashburn facility last year. Development of systems are ongoing in […]
Reading Time: 2 minutes Grupo Aeroméxico, S.A.B. de C.V. and Delta Air Lines begin their joint cooperation agreement (JCA) to operate transborder flights between the United States and Mexico. Delta and Aeromexico have confirmed with the U.S. Department of Transportation (DOT) and Mexico’s Federal Economic Competition Commission (COFECE) that they have completed the steps required to launch the JCA. […]
Reading Time: 4 minutes The International Air Transport Association (IATA) announced global passenger traffic results for March 2017 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.8%, compared to the same month a year ago. Capacity grew 6.1% and load factor climbed by half a percentage point to 80.4%, which was a record for the month. […]
Reading Time: < 1 minute Embraer delivered today its 1,100th business jet. The milestone aircraft is the industry’s best-selling Phenom 300, and the customer is NetJets, the world’s largest private aviation company, with a portfolio of services that includes fractional ownership, jet cards, aircraft management and charter. “Embraer scored the four-digit mark in business jet deliveries in an impressively short […]
Reading Time: 3 minutes The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew […]
Reading Time: 4 minutes The Company’s operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented is for the quarters ended March 31, 2016 (1Q16), December 31, 2016 (4Q16) and March 31, 2017 (1Q17), are derived from the unaudited financial statements, except […]
Reading Time: < 1 minute Austrian Airlines was the world’s most punctual airline in March 2017. This can be seen in the latest statistics from flightstats.com for global airlines. With an arrival on-time rate of 92.72%, Austrian Airlines was ahead of Spanish Iberia (90.74%) and Singapore Airlines (89.19%). Punctuality is measured in the airline industry with <15 minutes. This means […]
Reading Time: 2 minutes The International Air Transport Association (IATA) urged aviation safety stakeholders to reinforce their commitment to a safety framework based on global standards, cooperation and dialogue, and effective use of data. “Safety is the top priority for all involved in aviation—and aviation is the safest form of long-distance travel. Last year there were over 40 million […]
Reading Time: 2 minutes At a global scale FBOs are all about time and cost efficiency, swiftness and comfort. But while in the US and UK markets the competition within different FBOs is heavily determined by the price of fuel, in South America other separately priced services, including fuel, generate a rather compelling mix of variables before clients can […]