Vueling Airlines carried a total of 356,930 passengers in November, 28% down on the same month in 2007. The airline’s average load factor grew by 1.7 percentage points in relation to the same period last year, from 63.6% to 65.3%. Traffic (RPKs) was down by 31.0% while capacity (ASKs) went up 32.8%.
Vueling operated seven fewer aircraft than in November last year, which translated into a 30% reduction in flights.
Vueling says that, by carrying higher-yielding passengers, operating a smaller number of flights during the quarter and reducing its cost base, it will achieve a significant improvement in Q4 results, in line with those delivered in Q3 2008.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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