UK based holiday company Thomas Cook is rapidly approaching the point of no return in its fight for survival amid rising losses and plummeting share prices. Shares in the company have recently been deemed “worthless” by Citigroup after massive drops following reports on its performance over the winter showed losses [read more]
British Airways (BA/BAW) has launched an online archive to share iconic images from across its 100 year history. The British Airways Centenary Archive Collection has been launched as part of its centenary celebrations which also saw 4 aircraft in its fleet painted into BOAC, BEA and retro BA liveries (NEGUS/Landor). [read more]
London Luton Airport (LTN/EGGW) has appointed Keith Ludeman as the new chairman of the airport. Mr Ludeman brings vast experience of the transport industry to the airport having previously been chairman High Speed One (HS1) railway and bus operator, Go-Ahead Group PLC and takes over the role with immediate affect. [read more]
Fortunes continue to improve for South Wales based Maintenance Repair & Overhaul (MRO) company, Cardiff Aviation Ltd, as it announced today it had gained an approval from the Federal Aviation Administration (FAA) The FAA has approved Cardiff Aviation as a Part 145 Repair Station which means it can now carry [read more]
A report by the UK Airprox Board has concluded that the pilot of a Malaysia Airlines Airbus A350 did not comply with the instructions from Air Traffic Control putting it at “high risk” of colliding with a Virgin Atlantic Boeing 787 over London last year. The incident, which occurred on [read more]
Budget airline Ryanair (FR/RYR) has reported a 29% drop in profits for the 2018/19 full financial year with an after tax profit of €1.02bn. Ryanair says that the drop in profits is partly down to rising fuel costs and falling fares, the average Ryanair fare fell by 6% to around [read more]
Three Britons and a South African are known to have been killed in a plane crash at Dubai International Airport (DXB/OMDB). The crash, which happened around 19:30 local time, is said to have involved a navigation aid calibration aircraft belonging to Shoreham Airport based Flight Calibration Services Limited. Flight Calibration [read more]
London Luton Airport (LTN/EGGW) has hit 17 million passengers for the rolling 12 month period for the first time in its history. The milestone comes after the airport saw its busiest April on record which saw 1.5m passengers pass through the terminal. The airport has also seen an increase in [read more]
Budget airline Ryanair (FR/RYR) has condemned an aviation tax due to be introduced across the Netherlands in 2021 as it claims it amounts “further state aid to KLM” The National Aviation Tax is a levy that will be applied to passengers direct flights to the Netherlands but connecting flights and [read more]
Fixed Base Operator (FBO) Global Trek Aviation has soft-launched its latest facility at located at Cardiff Airport (CWL/EGFF) in Wales. The brand new state-of-the-art VIP FBO facility at Cardiff Airport has received its first customer, BAe Jetstream 31 G-NLFA belonging to Cranfield University and operated by the National Flying Laboratory [read more]
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