CTC Aviation’s annual graduation took place in a grand marquee at the company’s Airline Resourcing and Selection Centre – Dibden Manor…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
Rockwell Collins has been selected by NASA as the lead research firm for its Single Pilot Operation programme. The research…Read More
In a widely-cited story on Quartz the question was raised of whether airline pilots who post aerial photos online are violating FAA rules…Read More