As mentioned would be the case in Airline Economics, THY has ordered up to 117 aircraft: 25 A321ceo, 4 A320neo, 53 A321neo and options for 35 additional A321neo aircraft. The engine selection process ...
Cathay Pacific has posted an 83% fall in profits citing lacklustre premium sales, continued weak cargo demand and higher fuel costs. The carrier made a net profit of HK$916m ($118m) in 2012, down from...
People Express airlines has signed a purchase agreement to buy an unnamed charter airline and that a $500,000 refundable loan that was used to help finance the purchase was returned to taxpayers. The ...
Aero Contract workers yesterday grounded the airline leaving hundreds of passengers stranded in Lagos, Abuja, Port Harcourt and Warri. Many of the passengers who arrived for the early morning flights ...
Pakistani businessman Ahmad Azhar is still looking for business partners for his Dutch RIA passenger/freight business which will see 747-400 and 777's routed between from Schiphol to New York, Pakista...
Bosnia's only airline, BH Airlines, resumed flying on yesterday after a bank unblocked its accounts, frozen in February due to outstanding debts, "Our accounts were unblocked yesterday, and we are res...
The Czech government yesterday agreed the sale of 44% of the national air carrier CSA to Korean Air for Kc67.5m. A contract is to be signed on April 9, 2013. Korean Air has in effect saved CSA and in ...
Thomas Cook will review the future of its airline business as chief executive Harriet Green unveiled plans to consolidate the existing four airlines into one entity. Green would not rule out the dispo...
Lufthansa has agreed deals with both Boeing and Airbus to renew its fleet. 100 A320s are ordered, 70 of which are A320neos and A321neos, while 30 will be A320Ceos which helps Airbus further fill those...
Turkish Airlines recorded a growth in passenger traffic of 43% in Riyadh during 2012 compared to 2011. The six-city network of Turkish Airlines in Saudi Arabia reported a doubling of passenger numbers...
Ryanair has placed an order for up to 200 Boeing aircraft worth $18 billion (€13.8 billion) at list prices, the Irish Independent said yesterday following a story here on the same matter seven weeks a...
The board of International Airlines Group (IAG) stated on its website that it has met in an extraordinary session to analyse and assess the proposal issued by a mediator regarding Iberia and as a resu...
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