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129. Air Serbia Reports Net Profit of EUR 3.9 Million
Air Serbia has reported a net profit of EUR 3.9 million in its second full year of operation, exceeding last years profit of EUR 2.7 million by 44%. The airline posted total revenues of EUR 305 million for 2015, representing an increase of 16% over 2014, a result that was driven by significant growth in passenger numbers.
130. General Manager Appointments at Mandarin Oriental Hotels in Asia
Mandarin Oriental has made the following General Manager appointments at its hotels across Asia. Anthony Costa has been appointed General Manager of Mandarin Oriental, Hong Kong. Mr Costa began his career with the group as Resident Manager of Mandarin Oriental, Hong Kong in January 2007. He was General Manager of The Landmark Mandarin Oriental, Hong Kong for five years before movin
131. Elbit Systems Demonstrates Breakthrough Night Vision Technology for Helicopters
Elbit Systems has performed a series of successful demonstration flights using the BrightNite system, a solution that enables utility helicopters to successfully perform Degraded Visual Environment (DVE) missions in more than 90% of the nights. The goal of the flights was to demonstrate the systems performance in DVE conditions, in moonless, pitch dark nights, in which flights are
132. Weak March 2016 Air Freight Volumes Point to Another Difficult Year
IATA's March 2016 data for global air freight markets shows a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year. In contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure on already struggling yields.
133. New 101 Hotel Breaks Ground in Yogyakarta
PT. Gajah Mas Perkasa, in cooperation with PHM Hospitality, has held a ground breaking ceremony of The 1O1 Hotel Mangkubumi Yogyakarta. The 3-star The 1O1 Hotel Mangkubumi Yogyakarta will be located on Mangkubumi road, close to the city center of Yogyakarta, Malioboro. Construction is scheduled to be completed in the end of 2013.
134. SAS and Apollo Sign Million Dollar Agreement
Apollo has signed another million dollar agreement with SAS, that will allow Apollo's customers to fly on SAS aircraft from 13 different locations in Sweden, Norway and Denmark to 8 destinations around the world. The contract is worth a total of SEK 590 million.
135. Qatar Airways Resumes Flights to Yangon, Myanmar
After a four-year absence, Qatar Airways resumed flights to Yangon, Myanmars largest city, on Thursday. Yangon becomes Qatar Airways 10th gateway in ASEAN - following on from successful operations to Kuala Lumpur, Bangkok, Bali, Ho Chi Minh, Jakarta, Hanoi, Singapore, Manila and Phuket - and the 119th destination worldwide.
136. Philippine Airlines Orders 10 More Airbus A330-300s
Philippine Airlines (PAL) has placed a firm order with Airbus for an additional 10 A330-300 widebody aircraft. The latest purchase agreement follows a major order from the airline in August for 44 single aisle A321s and 10 A330s under the carriers fleet modernisation programme.

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