Aircraft orders still lagging behind despite UK airlines hitting 2024 high August 23, 2024 The number of aircrafts being ordered by UK airlines hit its highest monthly figure in July as a slew of deals at the Farnborough Airshow helped the industry weather wider supply chain issues. Some 131 orders were placed over the month, outpacing every other month in 2024 and representing the largest July delivery rate on [...]
Gatwick Airport profit jumps as long-haul expansion drives growth August 22, 2024 Gatwick Airport's chief executive said the hub was experiencing its "busiest ever" summer as passenger numbers hit 19.9m.
Labour shows its pro-business credentials with London City Airport expansion August 20, 2024 The popular business travel hub was given the green light to boost its annual passenger cap from 6.5m to 9m on Monday.
Profit takes off at Bournemouth, Exeter and Norwich airports owner August 20, 2024 Profit at the group behind a number of regional airports surged during its latest financial year thanks to a sharp rise in the number of passengers and amount of cargo it handles. Regional & City Airports Group has posted a pre-tax profit of £14.2m for the year to 31 March, 2024, up from £1.3m. Newly-filed [...]
London City Airport given go-ahead to expand capacity but more Saturday flying rejected August 20, 2024 London City Airport has been granted permission to significantly expand passenger capacity after an extended spat with Newham Council.
London Stansted records busiest ever July as security now takes under 15 minutes August 12, 2024 London Stansted Airport has recorded its busiest ever July as travel demand booms in the peak summer months. Some 2.9m passengers passed through the hub’s terminal over the period, an increase of 3.4 per cent year-on-year. The figure marks the third busiest month in Stansted’s history and came after a record 53,000 passengers used the [...]
Etihad Airways nets £183m as passenger numbers soar August 8, 2024 Some 8.7m passengers flew with the UAE flag carrier over the first half, as it hauled in around £2.5bn in revenue.
European airline results make for ‘depressing reading’, says Air Astana boss August 5, 2024 Air Astana on Monday reported record passenger half-year passenger numbers, driven by unexpectedly high demand from China.
Will the Rolls-Royce share price continue to defy gravity? August 5, 2024 Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).
Senior: Rolls-Royce partner reports dip in profit amid Boeing 737 Max setbacks August 5, 2024 The FTSE 250 aerospace and defence supplier said operating profit and pre-tax profit had fallen, despite booming demand for travel worldwide.