The carrier posted USD 62 million in net profit in the first half of fiscal year 2018-19. The drop was imputed to rising fuel prices and unfavorable currency movements in emerging markets such as Brazil.
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The forecast was made by European aircraft manufacturer Airbus, which also expects a demand for 2,720 new aircrafts in the region.
The Brazilian company presented the Praetor 500 and Praetor 600 at the Orlando Executive Airport fair, in the United States.
The airlines carried 797,000 people in international flights in August, an 8.95% hike over the same month of last year.
The country has one of the largest and well-situated stands in the tourism fair that began this Wednesday in São Paulo. Egypt also has a stand in the expo.
From January to July of this year, 2.9 million passengers went through the second-busiest airport in Morocco.
The new service by the cargo division of the carrier offers pet shipping to over 160 destinations.
The cargo division of the Dubai-based airline brought 25 tons of the medical products from Milan to Belo Horizonte, the capital of the state of Minas Gerais.
The Kuwaiti carrier released a report showing an increase in the number of passengers, totaling nearly 900,000 people in H1 2018.
Airlines carried 4.5 million passengers in the year’s first six months. The figure accounts to 30% of international air traffic in Brazil.
It reached 10.5 million in the year’s first six months. Number of people coming from South America surged 31%.
Dubai will host, in January, a conference to promote the industry’s business and the country as an international hub for the sector.
The plane makers will enter into a joint venture comprising all of the Brazilian company’s commercial aviation operations. The US-based company will retain an 80% stake in the USD 4.7 billion deal.
The Tunisian carrier’s chairman and CEO believes passenger numbers will exceed 4 million and revenue will hit an all-time high.
