Virtual Aviation and AviationShake have announced a collaboration, offering new services to aspiring pilots to prepare them hurdles they may…Read More
IAG doubles full-year operating profit
British Airways and Iberia parent International Airlines Group more than doubled operating profit for the full year to €485 million ($653 million), before exceptional items.
The company’s pre-tax profit reached €503 million for the 12 months to 31 December 2011, including the first 21 days of January before IAG’s formal consolidation.
IAG’s revenues were up by more than 10% to €16.3 billion, although a near-30% increase took fuel costs to more than €5 billion. Other operating costs rose by 1.1% to €10.8 billion.
For the full story, visit the Flight Global website.
Latest News Read More
Aeros has announced an amazing achievement by Aeros Flight Training and ProPilot student, 28-year-old Laurence Hardisty (right), who has just…Read More