Dutch Transavia To Launch Sofia-Amsterdam Flights

Dutch low-cost carrier Transavia will launch flights between Sofia and Amsterdam as of May 2017, reported the carrier's website.

The flights will be carried out three times a week. Tickets are already available online and the first Sofia-Amsterdam flight is on May 10, 2017. The price of a one-way ticket is currently EUR 29.

India, France Strike Rafale Deal

After long dilly-dallying, India signed a contract with France on Friday for acquiring 36 Rafale fighter jets. Under the agreement, French aircraft manufacturer Dassault Aviation SA is likely to deliver those fighter jets between 36 and 66 months from the date (September 23) the contract is signed in New Delhi.

Greek army helicopter crash lands in northern Greece; pilots unharmed

A Greek army helicopter crash landed during exercises off the coast of Halkidiki in northern Greece on Tuesday morning, with both pilots emerging from the wreckage unharmed.

The causes of the crash, which occurred at around 9 a.m. in the Gulf of Strymon, east of Halkidiki, are being investigated.

Aegean swings into the red in H1 2016

Aegean Airlines swung to a loss in the first half of 2016 due to weak demand at home and a value-added tax increase, Greece's largest carrier said on Monday.

The company reported a net loss of 23.7 million euros in the first half of the year, versus a profit of 14.8 million in the same period last year.

Sales were flat, at 403.5 million euros.