Based in London, Alan is Europe & Middle East correspondent at Air Transport World.
A daily newspaper journalist in the UK and Middle East for 15 years, he then joined the UK's most successful corporate publishing company before setting up his own company in 2004. He has worked with ATW since 2014.
Etihad Airways recorded a net loss of $1.87 billion for 2016, reversed from a net profit of $103 million in 2015. Etihad said exceptional charges were major factors behind the huge deficit and its core airline operation had turned in a “solid performance.”
Ireland-based low-cost carrier (LCC) Ryanair reported a 55% jump in net profit for the first quarter of its 2018 financial year, with the post-tax figure rising to €397 million ($453 million), compared to €256 million a year ago.
Darwin Airline’s newly appointed CEO Heinrich Ollendiek said its new owners will be a much better “fit” with the Swiss regional carrier than its previous equity partner, Etihad Airways.
