Tag Archives: Faro

Aer Lingus launches Shannon-Faro flights today, reports a first quarter operating loss of $67.2 million

Aer Lingusโ€™ (Dublin) inaugural flight today (May 1), from Shannon to Faro took to the skies as planned. The three times weekly service will operate until the end of October, giving customers in the West of Ireland direct access to the ever-popular holiday resort of the Algarve.

In addition, Aer Lingus operates daily flights between Shannon and London Heathrow, three flights a week to New York and four flights a week to Boston. Aer Lingus Regional operates daily flights between Shannon and Birmingham, Edinburgh and Manchester.

This brings the total number of weekly flights with Aer Lingus from Shannon to 58 with over 8,000 seats available each week, from May through to October.

On the financial side, for the first quarter the company reported anย operating loss of โ‚ฌ48.5 million ($67.2 million) which was โ‚ฌ3.0 million ($4.1 million) or 6.6% higher than the first quarter of 2013. This result reflects the later timing of Easter in 2014 and the negative effect of threatened industrial action on booking volumes in March 2014. This threatened action resulted in the cancellation of flights in advance of St. Patrickโ€Ÿs weekend as well as the forced re-booking and re-accommodation of a significant number of passengers.

Read the full report: CLICK HERE

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Airbus A320-214 EI-DVN (msn 4715) arrives in the photogenic Tenerife Sur (South).

Aer Lingus Aircraft Slide Show: CLICK HERE

 

Paramount Airways is denied from adding five Bombardier aircraft, remains grounded

Paramount Airways (Chennai) remains grounded in India as its AOC still remains suspended. According to this report by The Financial Express, the airline has been rejected in its application by the DGCA seeking the import of at least five Bombardier regional jets. The company is also appealing in the Madras High Court the decision by the DGCA to suspend its AOC.

Read the full report:

CLICK HERE

Copyright Photo: Ton Jochems. Embraer ERJ 170-100LR PT-SZN (msn 17000005) passed through Faro on delivery before it became VT-PAB.

Paramount Airways gets into dispute with GECAS over three ERJs

Paramount Airways (Chennai) is in a dispute with lessor GECAS over payments concerning three Embraer E-Jets.

News link:

timesofindia.indiatimes.com/biz/india-business/Paramounts-three-aircraft-get-de-registered/articleshow/5302147.cms

Copyright Photo: Ton Jochems.