AeroSvit files for bankruptcy
Ukrainian carrier AeroSvit has filed for bankruptcy but it still flying for now. AeroSvit Airlines has filed a petition with the Kyiv Regional Commercial Court to initiate bankruptcy proceedings for t...
Ukrainian carrier AeroSvit has filed for bankruptcy but it still flying for now. AeroSvit Airlines has filed a petition with the Kyiv Regional Commercial Court to initiate bankruptcy proceedings for t...
After receiving a $127 million emergency loan from the Polish government, LOT Polish Airlines will be restructured by the state to return to profitability. LOT announced in December that it had lost p...
A new report from PwC has highlighted the concerns of the aviation industry on how aircraft will be financed in 2013 and beyond. With aircraft orders at a record high,European banks pulling out of th...
ST Aerospace’s commercial pilot training arm, ST Aerospace Academy (STAA) has been awarded a contract to train pilots for Xiamen Airlines. Under the agreement, Xiamen Airlines’ cadet pilots will under...
Malaysian Airlines System Bhd has signed a memorandum of understanding ATR to buy 36 ATR 72-600, which will deliver in H2 2013. Wholly owned carrier Firefly will take 20 of the 36 aircraft, while MASw...
Japanese low-cost carrier Skymark Airlines has ordered Trent 900 engines to power six A380 aircraft and also signed a letter of intent for Trent 700 units for up to ten A330s. All the planes are due t...
A consortium of 17 lenders, led by the state owned State Bank of India, have refused to provide any more financial assistance to Kingfisher Airlines. The consortium is reported to be holding onto the ...
Air Lease Corporation (ALC) has placed two new ATR 72-600s on long term lease to KALSTAR Aviation (Indonesia), delivering in the second and third quarters of 2013. “KALSTAR is a major Indonesian regio...
American Airlines has signed an agreement with LATAM Airlines Group carriers LAN Colombia and TAM to codeshare on as yet unidentified routes. In late 2013, American Airlines plans to launch new Dallas...
In a French newspaper, Emirates' Executive Vice President Thierry Antinori has confirmed Emirates preference to remain outside of global airline but will consider bilateral partnerships. "We don't wan...
The year-old alliance between airberlin and Etihad Airways has allowed the carriers to deliver more than 300,000 passengers onto each other’s networks and collectively generated more than €100 million...
Etihad Airways has purchased a majority stake in a new entity incorporated to own airberlin’s topbonus frequent flyer program, the first step in the establishment of a global loyalty management platfo...
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