Turkish low-cost carrier (LCC) Pegasus Airlines recorded a sharp deterioration in its half-yearly financial figures, with the airline making a net loss of TL202.9 million ($70 million) widened from a deficit of TL42.2 million for the same period last year.
Philippines-based Cebu Pacific Air Group posted a net income of PHP7.7 billion ($164 million) for the half-year ended June 30, a substantial improvement on PHP5.2 billion for the same period last year.
UK police have launched an investigation following an incident Aug. 9 in which an unmanned aerial vehicle (UAV) was seen several hundred yards away from an ATR 72, operating on behalf of UK regional carrier Flybe, while on approach to Newquay Airport in South West England.
A passenger who believed he had missed his Ryanair flight from Madrid’s Barajas Airport took matters into his own hands in his attempts to travel to Gran Canaria, one of the Canary Islands off the northwest coast of Africa.
GE Aviation and CFM International, the GE/Snecma joint venture, appeared to be the winners among aircraft engine manufacturers at the Farnborough Airshow in terms of quantity and value of orders, though Pratt & Whitney and Rolls-Royce also secured significant engine orders during the event....More