Pegasus Airlines has announced its financial results for the first six months of 2015 with revenue growing by 9 per cent year-on-year to reach $500.34 million while simultaneously achieving an operational EBITDAR (profit before tax, interest, amortization and rent costs) of $43.8 million.
The strategic investment of Etihad Airways into Jet Airways is delivering strong results for both airlines across areas including network growth, revenue enhancement and operational and cost improvements, senior executives from the airlines said.
The United Arab Emirates represented by the General Civil Aviation Authority (GCAA) has initialled an Air Service Agreement on Open Skies basis and signed an MoU with the Government of Gabon.
Last year's ground-breaking investment by Etihad Airways in Alitalia has revitalised Italy's national airline, and set it on a new course towards sustainable profitability, said the president and chief executive officer of Etihad Airways, James Hogan.
Air Algerie is hoping to draw a line in the sand with the appointment of new chief executive Mohamed Bouderbala. Martin Rivers and Vincent Chappard look at the challenges facing Algeria's flag-carrier.
Having slimmed down its fleet and weathered financial squalls, Abu Dhabi-based cargo specialist Maximus Air is now looking for new aircraft. Alan Dron reports.
In the deteriorating war of words between America and the Gulf countries over bilateral traffic rights, it is easy to forget that European capitals have long imposed ceilings on the number of flights that Emirates, Etihad and Qatar Airways can operate to their airports.
Turkish Airlines and LOT Polish Airlines have agreed on a major expansion of commercial ties. Both sides have signed a letter of understanding, which will initiate an enhanced cooperation between relevant Polish, Turkish and beyond markets and also deepen commercial cooperation on the existing ones.
An Iranian official has said that it is unlikely that Iranian airlines will be buying Russian-made passenger aircraft anymore after a turbulent history.
International Jet Management (IJM) and MAE Aircraft Management have entered a partnership in the Kingdom of Bahrain, European Business Aviation News has reported.
Reports that Iran's days of buying Russian aircraft are over, have been scuppered by the country's vice president for science and technology, Sorena Sattari, who attended MAKS - Russia's largest air show near Moscow this week.
Royal Jordanian and Turkish Airlines (TK) signed a codeshare agreement on routes between Jordan and Turkey on September 14, which is set to further expand travel opportunities for the customers of the two airlines. The agreement will be effective as of September 21, 2015.
Pegasus Airlines' vice president–marketing Onur Dedekoylu spoke on September 16 by special invitation at this year's 12th World Low Cost Airlines Congress held at the London Business Design Centre.
A Qatar Airways Boeing 777 sustained “substantial” damage after striking approach runway lights while taking off from Miami International airport earlier this week, according the FAA
Etihad Airways and Chapman Freeborn have announced an Airbus A380 and private jet collaboration, to promote and market Etihad's the Residence and First Apartment cabins, available on Etihad A380s.
