Ryanair's Full Year Profits Up 43 Percent

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Published: May 23, 2016

May 23, 2016 Ryanair reported a 43 percent increase in net profits to EUR€1.24 billion (USD$ 1.39 billion) in the year ended March 31. The Irish airline, Europe’s largest by passenger numbers, also said it is prepared for a fare war to break out later this year and will cut its own fares sharply to […]

VietJet To Buy 100 Boeing 737 MAX

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Published: May 23, 2016

May 23, 2016 VietJet has agreed a firm order of 100 Boeing 737 MAX aircraft worth USD$ 11.3 billion at list prices, making it one of Southeast Asia’s fastest-growing low-cost carriers. The deal, signed during US President Barack Obama’s visit to Vietnam, represents a coup for Boeing, as VietJet has only operated Airbus A320s since […]

Australian Law Firm Seeks MH17 Compensation – Report

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Published: May 23, 2016

May 22, 2016 An Australian law firm has submitted a compensation claim against Russia and President Vladimir Putin in the European Court of Human Rights on behalf of families of victims of Malaysia Airlines flight MH17, shot down in 2014, media reported. The airliner crashed in Ukraine in pro-Russian rebel-held territory on July 17, 2014, […]

EgyptAir Jet Sent Smoke-Alarm Warnings Before Crash

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Published: May 23, 2016

May 22, 2016 The EgyptAir jet which crashed in the Mediterranean on Thursday sent a series of warnings indicating that smoke had been detected on board, shortly before it disappeared off radar screens. A spokesman for France’s BEA air accident investigation agency said the signals did not indicate what caused the smoke or fire on […]

Boeing Opens New 777X Wing Factory

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Published: May 21, 2016

May 20, 2016 Boeing has opened a USD$ 1 billion factory in Washington state that will make carbon-composite wings for the 777X, a key step toward delivering the first aircraft by 2020. The building, adjacent to Boeing’s wide-body aircraft plant in Everett, Washington, covers 27 acres (11 hectares) putting under one roof the equivalent of […]

Boeing Opens New 777X Wing Factory

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Published: May 21, 2016

May 20, 2016 Boeing has opened a USD$ 1 billion factory in Washington state that will make carbon-composite wings for the 777X, a key step toward delivering the first aircraft by 2020. The building, adjacent to Boeing’s wide-body aircraft plant in Everett, Washington, covers 27 acres (11 hectares) putting under one roof the equivalent of […]

Chicago Airport Security Staffing To Increase

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Published: May 21, 2016

May 20, 2016 The US government is accelerating plans to add security staff and bomb-sniffing dogs at Chicago’s two major airports after a “breakdown” earlier this week caused frustration and some passengers to miss flights. “Earlier this week we had a breakdown here in Chicago,” Peter Neffenger, US Transportation Security Administration (TSA) administrator, told a […]

Egypt Finds Belongings, Debris From EgyptAir Plane

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Published: May 20, 2016

May 20, 2016 The Egyptian navy has found the personal belongings of passengers and other debris floating in the Mediterranean, confirmation that EgyptAir flight MS804 crashed into the sea with 66 people on board. The military said it had found the debris about 290 km (180 miles) north of the port city of Alexandria and […]

Security Fears Hit Thomas Cook Bookings

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Published: May 20, 2016

May 19, 2016 Thomas Cook’s summer bookings fell as security concerns meant more people opted for breaks in Spain over Turkey, Tunisia and Egypt, outstripping its efforts to adjust flights. Despite shifting 1.2 million airline seats from the eastern to the western Mediterranean, the British travel operator said bookings were down by 5 percent and […]

SpiceJet Sees Quarterly Profit Improvement

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Published: May 20, 2016

May 19, 2016 SpiceJet hopes to place an order for more than 100 single-aisle planes in the next two to three months, its chairman said, as the airline reported a surge in quarterly profit. SpiceJet disclosed plans in November to buy more than 150 planes and that it was in talks with both Boeing and […]

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