President Aquino is set to issue this week an executive order authorizing the gradual liberalization of the country’s civil aviation industry in a bid to attract more tourists and investors. The Presi...
Garuda Indonesia has begun pre-marketing for a $500 million initial public offering (IPO), an increase on the $400 million that Emirsyah Satar, Garuda's president director, announced to investors in N...
Malaysian airline Firefly has announced plans to expand its services in Asean – the association of ten Southeast Asian nations – from the third quarter of 2012. Datuk Eddy Leong, managing director of ...
China Eastern Airlines has stated its net profits for 2010 should be more than 10 times that of 2009 thanks to the rising demand for air travel in China and Asia. Net profit for the airline in 2009 we...
The Indian Cabinet Committee for Economic Affairs (CCEA) has approved an infusion of $267 million for beleaguered state carrier Air India. The carrier, which posted an operational profit of $4.9 milli...
MAS GMR Aerospace Engineering (MGAE) has closed a deal for the financing of its proposed Aircraft Maintenance, Repair and Overhaul (MRO) facility at Shamshabad airport. The Overall project costs R...
Air India is planning to wet lease four Boeing 737-800 for its no-frills subsidiary AI Express. The added cost of wet leasing has led to speculation in the industry as to Air India’s decision, espec...
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
Bankrupt Japan Airlines has announced it is cutting 170 more jobs in January under its restructuring plan that will cut its operations by a third by March. The airline must cut a further 1,500 jobs...
The Government of the Maldives has delivered the Air Operating Certificate (AOC) to Mega Maldives, a joint venture between Maldives ZM Holdings and US W-Cap. Mega Maldives will start flights from ...
India's civilian airspace regulator, the Airports Authority of India (AAI), will introduce new navigation norms to help save on fuel costs by accommodating more aircraft in narrower air corridors. ...
Malaysia Airlines and KLM today signed a joint venture agreement covering the Amsterdam–Kuala Lumpur route. KLM and MAS have codeshared on the route but the new agreement will extend the commercial...
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