Airbus profit downs due to A400M

Airbus reported that it suffered a net income drop by 63% to €995 million ($1.044 billion) on the revenue increase of 3% to €67 billion ($70.419 billion). The freighter A400M program has significantly contributed to…


Spirit Airlines adds new routes

Spirit Airlines announced a major expansion into Pittsburgh, which will become the 61st city in the carrier’s network. Starting this spring and summer, the ultra low-fare carrier will start flights to seven destinations — Los…



modaero-aviation-festival

MODAERO Adds Air Show to its Program 

The MODAERO Festival and Air Show was established as an annual event in 2016 as a fly-in targeting Millennials. This year the festival will also feature an air show to entertain its visitors. The event will be…




cargojet-freight-carrier

Cargojet Celebrates 15 Years in Business  

Canada-based freight carrier Cargojet celebrates 15 years in the business this month. The company was established on 21 February 2002 and started operation in June 2002. Cargojet operates cargo services in Canada and internationally, and full…


JetBlue reduces flights to Cuba

JetBlue is trimming capacity to Cuba, becoming the third U.S. airline to do so since regular commercial passenger service to the island nation resumed in August. Effective May 3, the airline will move to smaller…


GOL reports net income of $316m

São Paulo-based low-cost carrier GOL reported a full-year 2016 net profit of BRL1.1 billion ($338.5 million), reversing the airline’s BRL4.3 billion net loss in 2015. It suffered a net loss of R$30.2 million (US$ 8.7…