NEWS United Airlines Reports A Strong Q1

On April 20th, United Airlines reported their Q1 2016 financial results. The airline recorded the following:  Excluding special items, UAL reported first-quarter net income of $435 million, earnings per share of $1.23 per diluted share and pre-tax earnings of $688 million.   Including special items, UAL reported first-quarter net income of $313 million, earnings per share…

NEWS Thomson Announce Liverpool Expansion

Thomson Airways, along with First Choice, have announced plans to increase capacity from Liverpool’s John Lennon Airport to Tenerife and Ibiza! The move to introduce new routes is part of the holiday company’s strategy to ensure customers across the UK can fly from their local airport and stay at the best hotels in some of the…

NEWS Norwegian Reports A Strong Q1 for 2016

Norwegian today reported its first quarter results for 2016 with an underlying improvement of more than 400 MNOK (£34m), compared to the same quarter previous year. The company’s intercontinental and Nordic routes had a positive impact on the results. The load factor was record high at 85 per cent, in a quarter that is traditionally considered…

NEWS Textron Aviation Go Big At Friedrichshafen

Textron Aviation have gone out with an all broad display of aircraft for the AERO 2016 event in Friedrichshafen Airport, Germany! Textron will be displaying in Hall A3, Chalet 127 with aircraft on display showing off aircraft from Bell Helicopters, Cessna & Beechcraft!  Bell Helicopters – This year, Bell Helicopter is showcasing its latest in production commercial…

NEWS United Airlines Announces Board Changes

United Continental Holdings, Inc. (NYSE: UAL) today announced additional changes to its Board and a settlement agreement with Altimeter Capital Management, LP and PAR Capital Management, Inc. under which two of their designees, Edward L. Shapiro, Managing Partner and portfolio manager at PAR, and Barney Harford, former Chief Executive Officer of Orbitz Worldwide, Inc., will…