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    Hong Kong International Airport reaches new milestone with 60 millionth pax for 2014

    Hong Kong International Airport welcomed (18-Dec-2014) the airport's 60 millionth passenger for the year on 18-Dec-2014. Airport Authority Hong Kong CEO Fred Lam noted that passenger numbers at the airport increased by 20% from 50 million

    UTair Aviation to retire 40% of fleet

    UTair Aviation announced (Dec-2014) plans to reduce its fleet and route network as part of cost optimisation programme. The carrier will reduce its fleet by 40% from 117 to 71 aircraft to save RUB6.5billion (EUR88 million) on leasing

    Chinese airlines' net profit double in Nov-2014

    CAAC reported Chinese airlines’ net profit doubled (+101%) year-on-year to CNY20 million (USD3.1 million) in Nov-2014, as reported by Yicai. Operating revenue increased 9% to CNY32.8 billion (USD5125 million) and operating costs

    SAS delivers promised efficiency measures, strong passenger growth and load factor improvements

    SAS CEO and president Rickard Gustafson stated (18-Dec-2014) the carrier delivered the promised efficiency measures 4Q2014, with "declining unit costs as a consequence." The carrier reported strong passenger growth and a year-on-year

     
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    OAG Database Statistics
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