Euro

May 20, 2013 - 2:45am
Euro Jet

Ground-handling specialist Euro Jet Intercontinental is here at the EBACE show marking its fifth anniversary in business. At face value, the young Czech Republic-based company did not pick an optimum year to kick off operations, but in practice its decision to focus on the challenges faced by operators in the growing, but underserved, regions of Eastern Europe and Central Asia have paid off.

April 8, 2013 - 11:10am

Demand for air travel continues to surge worldwide as emerging markets led another strong month of traffic growth in February. International Air Transport Association (IATA) data released last week shows that passenger demand rose 3.7 percent during the month compared with February 2012. According to IATA, since last October passenger demand has grown at an annualized rate of 9 percent, almost double the growth trend over the first nine months of 2012.

May 13, 2012 - 12:30pm

Czech ground handling support provider Euro Jet Intercontinental is expanding its operations into Western Europe as part of a new global expansion plan. The company recently appointed Gareth Danker as its new director of global sales and marketing; it also named Matej Gunda head of its Western European operations. Gunda will operate from a new office in Brussels.

January 2, 2012 - 12:25am

The only certainty is continued uncertainty when it comes to the outlook for the global economy in 2012. For business aviation at least, it used to be assumed that you had to look only at the state of the world’s major stock markets to assess the market’s prospects. But share price fluctuations tell only a small part of the story these days.

July 21, 2010 - 1:02pm

For French aerospace industry association GIFAS the crisis year of 2009 was a “year of resilience” and 2010 is “a year of transition,” with air traffic increasing again powered by low-cost companies and the emerging nations. GIFAS chairman Jean-Paul Herteman said he is “confident that 2011 could be a year of recovery for our industry, but it will not come sooner.”

October 1, 2008 - 11:44am

While orders notched by European aerospace OEMs and suppliers in the last year have reached record levels, the continued weakness of the U.S. dollar against the euro is eroding profits and putting increased pressure on some companies to move production outside Europe to low-cost and/or dollar-zone countries.

July 12, 2008 - 7:45am

Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).

July 12, 2008 - 6:05am

Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).

March 28, 2008 - 5:58am

Dassault Aviation CEO and Gifas chairman Charles Edelstenne, speaking at French aerospace trade group Gifas’s annual meeting last month, said the French aerospace industry wrote a record E57.5 billion in orders last year but warned, “These results hide a very worrying reality. With the euro currently valued at over $1.50, orders are less profitable” since the aerospace industry sells its products in U.S. dollars.

November 27, 2007 - 6:19am

International Water-Guard Industries (IWG) is “adjusting its pricing and business policies in response to the unprecedented shift in exchange rates between the U.S. and Canadian dollar.” According to IWG president and CEO David Fox, the Burnaby, British Columbia-based company has raised its U.S. prices by 7 percent “while working with non-U.S.

 
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