Ryanair (FR/RYR) has reported zero profit growth for the year on year period up to September 2019. The budget airline reported a Profit after Tax (PAT) of €1.5bn despite traffic being up 11% to 86m passengers from the previous period. Ryanair’s revenue per passenger also climbed one per cent, as a [read more]
A recent big order for the A320neo from US low-cost carrier (LCC) Spirit Airlines is one of several large orders for the family that will provide a big boost and security for thousands of workers in North Wales. Florida based Spirit signed a Memorandum of Understanding (MoU) to order 100 [read more]
The final report into the crash of Lion Air Flight 610 in October 2018 has placed the blame on the manufacturer, Boeing as well as the Pilots and airline. 189 people were killed when the Boeing 737 Max 8 crashed into the sea on the 29th October 2018 and attention [read more]
Low-cost carrier Norwegian.com has reported strong passenger traffic and revenue numbers for September in its latest financial releases. The airline says it flew 3.3 million people in September which is an increase of 2% with an average load factor of 90%. The growth comes as the airline works through its [read more]
Norwegian Air Shuttle has had the imminent financial pressure lifted by its bondholders agreeing to an extension on maturity. The trustees held separate bondholders’ meetings for NAS07 and NAS08 unsecured bonds and reported that at both meetings the vote went in favour for the proposed amendments. The amendments mean that [read more]
Low-cost airline Norwegian is to end all transatlantic flights from Ireland from the 15th Septemeber 2019 after undertaking a review of its services. Currently Norwegian flies six routes to the USA and Canada from Dublin, Cork and Shannon which were set up to be operated by the airlines Boeing 737 [read more]
Low-cost carrier Norwegian.com reported increased load factors for July as it carried over 3.7 million passengers to destinations across the globe. The airliner, which operates short-haul and long-haul flights from UK airports including London-Gatwick, Edinburgh and Manchester, had an overall load factor of 93.5% in July, up from 93% in [read more]
Operators of the Airbus A321neo have been issued with an airworthiness directive by the European Aviation and Space Agency (EASA) alerting it to a problem that could cause the nose to pitch up. According to EASA Airworthiness Directive 2019-0171, the behaviour of the Elevator Aileron Computer unit installed on A321neo [read more]
Norwegian Air Shuttle’s second-quarter (Q2) figures show increased profitably for the airline as it continues its current financial strategy. Q2 saw Norwegian, which includes UK & Irish airlines Norwegian Air UK & Norwegian Air International, post operating results of NOK 2.3 billion (before ownership), almost double that of the same [read more]
Ryanair (FR/RYR) has revealed it has cut the Carbon Dioxide (CO2) emissions per passenger to just 66g per kilometre (KM). In figures released by the airline for June 2019 the airline says it flew 14.2m passengers 17,789m km releasing CO2 emissions of 1,167kt making Ryanair the cleanest airline flying in [read more]
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