Airline News Page 143

Sharp increase in profits at low-cost carrier Ryanair

Sharp increase in profits at low-cost carrier Ryanair

Ryanair has announced first half profits gave risen 37 per cent to €1,088m. Traffic grew 13 per cent to 58 million as load factor jumped four per cent points to 93 per cent. Average fares rose two per cent as unit costs fell six per cent. Fuel prices were flat during the period.

Kogalymavia plane crashes in Sinai, Egypt

Kogalymavia plane crashes in Sinai, Egypt

An Airbus A321 operated by Russian airline Kogalymavia has crashed in Egypt with the loss of all 224 people on board. A statement from the Egyptian prime minister’s office confirmed the aircraft came down central Sinai earlier.