IAG warns of a slowdown in business travel
International Airlines Group – the parent company of Iberian and British Airways – has warned of a slowdown in business travel. The company said that the “indications so far for October point to a sof...
International Airlines Group – the parent company of Iberian and British Airways – has warned of a slowdown in business travel. The company said that the “indications so far for October point to a sof...
Shares of Kingfisher Airlines and Jet Airways have both risen on the news that the Department of Industrial Policy and Promotion (DIPP) has writing to the aviation ministry requesting foreign airlin...
Boeing forecasts that air carriers in North America will take delivery of 7,530 new airplanes over the next 20 years at a market value of $760 billion. Taking retirements of airplanes into account, ...
Abu Dhabi's Etihad Airways has posted a 3% increase in its third-quarter revenues. Revenues were $1.1 billion in the quarter compared with $785 million posted during the same period last year. The a...
The chief executive officer of Latvian carrier airBaltic, Bertolt Flick, has announced he is stepping under the terms of a new rescue deal with the government. "The last few months have been very d...
Deutsche Bank has emerged as the front-runner to offer an $850 million (Rs. 4,200 crore) loan to Air India to fund the delivery of 27 Boeing 787s, As an alternative, the cash-strapped flag carrier h...
The management of Philippine Airlines (PAL) has warned its former employees against staging protests in front of the PAL Inflight Center building that hampers the flow of PAL’s business. PAL Presid...
Nigeria's Arik Air will launch services from Abu Dhabi International Airport next month. Abu Dhabi Airports Company (ADAC) and Arik Air said operations would start on Tuesday November 29. ADAC added...
Former managers of Avianova have accused accountants KPMG of “gross distortion” in a report of the airline’s finances. Andrew Pyne and former chief commercial officer Mike Hayden have initiated le...
Shares in AMR Corp, parent of American Airlines, closed down 33% yesterday as fears spread the airline was facing bankruptcy. The company has denied rumours it is seeking bankruptcy protection but ...
Qantas members of the Transport Workers Union of Australia have voted to take further industrial action due to a lack of progress in negotiations with the airline. The union warned the airline that if...
Philippine Airlines (PAL) is cutting flight frequencies – 12% of its international network – to cut costs and it is also planning to cut 2,600 jobs with some services outsourced to third party supplie...
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