Cathay Pacific Group optimizes its commercial aircraft fleet

Cathay Pacific Group has announced that it will optimize its commercial aircraft fleet of all its airlines: Cathay Pacific, Cathay Dragon and HK Express. In this way, the company seeks that each airline reaches its full development potential, taking advantage of their respective unique strengths. To maximize operational efficiency and synergies between airlines, the group […]

Air Arabia recorded a profit of almost 200 million, 53% more

Air Arabia recorded a profit of 199.6 million euros in the first nine months of the year, which is 53% more compared to the same period last year, according to the airline. The turnover of the company during the first nine months of 2019 exceeded 891.2 million euros, representing 17% more than the 740.4 million […]

Global air passenger traffic grew by 3.8% in September

World passenger traffic grew by 3.8% last September compared to the same month last year, according to data from the International Air Transport Association (IATA), which indicates that capacity increased by 3.3 %, and the load factor rose 0.4 percentage points to 81.9%, which is a record for any month of September. The month of […]

SAS increases its passengers transported 3.6% in October

The Scandinavian SAS group transported more than 2.8 million passengers in October, between regular and charter flights, representing 3.6% more than in the same month of 2018, with an increase of 2.2% of capacity and 3.1% of its demand, said the company, which placed its occupancy factor at 76.3%, 0.7 percentage points more. On regular […]

Airbus and China will strengthen their long-term partnership in the aeronautical sector

The aeronautical manufacturer Airbus and China have pledged to strengthen their long-term partnership and both sides say they will deepen and further expand their cooperation within the aeronautical sector. The president of the National Development and Reform Commission (NDRC) of China He Lifeng, and the executive president of Airbus, Guillaume Faury, have signed a memorandum […]

Norwegian collapses more than 9% after capturing 246.5 million in a private placement and in a bond issue

Norwegian shares plummeted more than 9% in the first stages of the session after announcing that it has captured 2.5 billion Norwegian crowns (about 246.5 million euros) through a private placement of 27.25 million new shares and an issue of convertible bonds for 150 million dollars (135 million euros). Specifically, the airline’s titles fell by […]