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November 16, 2018 – Bangalore Aviation

Daily Archives: November 16, 2018

GE retires it’s 747-100 testbed, world’s oldest active 747

Engine manufacturer General Electric (GE) has completed the final flight of it’s original 747-100 flying testbed. The aircraft N747GE was the oldest active 747 in the world. It was the 25th 747 to roll off the line in October 1969 and was delivered to PanAm in March 1970 as Clipper Ocean Spray. GE acquired the aircraft in 1992 when it …

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SpiceJet Q2FY19 results analysis

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

SpiceJet, reported its second quarter results of the fiscal year 2018-19 (FY19) yesterday. Much like the results of other listed airlines, it was a loss for the quarter. SpiceJet Q2FY19 snapshot: Revenues ₹1,9104 crores (up 4%) Costs ₹2,299 crores (up 25%) EBITDAR (₹32.7) crores Profit before tax (PBT): loss of (₹396 crores) Revenue per available seat kilometre (RASK) ₹3.73 Cost per …

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