American facing FAA fines of more than $160m
According to documents filed with the bankruptcy court, American Airlines is faces fines of $162.4m from the US Federal Aviation Administration (FAA) for safety violations. The agency has identified ...
According to documents filed with the bankruptcy court, American Airlines is faces fines of $162.4m from the US Federal Aviation Administration (FAA) for safety violations. The agency has identified ...
The American Antitrust Institute (AAI) and Business Travel Coalition (BTC) have jointly produced a white paper that states that a merger between American Airlines (AA) and US Airways (US Air) could su...
The latest attempt by the major airlines to raise fares failed earlier this week after a planned raise by United Airlines was abandoned due to softening demand. Rivals American Airlines and Delta Air ...
In the three months ending June 30, 2012, Air Arabia reported a net profit of AED 66million, an increase of 31% compared to AED 51 million in the corresponding period in 2011. Revenue during the perio...
Austrian regional airline Intersky has ordered two ATR 72-600s. The aircraft will be delivered in December and March 2013. The airline, which operates scheduled services from Friedrichshafen to Berlin...
Air Malta will be re-named Malta–The Airline of the Maltese Islands. The airline is predicting a return to profitability by 2015 following the success of its restructuring plan that includes receipt o...
Armavia has cancelled its order for two Sukhoi SuperJet 100 aircraft due to safety concerns. The national airline of Armenia had agreed in principle to purchase two aircraft in an agreement signed wit...
David Cockroft, general secretary Hava-Is, the Turkish aviation workers union, has called on the chairman of Turkish Airlines, Hamdi Topcu, to open a dialogue with the union over a dispute caused by t...
LATAM has priced a $287m 100% prefunded 12-year Eximbond with a coupon set at 1.829%, which is MS+67 bps (equivalent to L+34 bps). Credit Agricole and Goldman Sachs are joint structuring agent and joi...
The Chinese government has increased the price of domestic jet fuel by 1.43% to CNY6,820 ($1,079) per ton. The move comes as international oil prices stablise and follows a 9% cut in price last month....
Taiwan's China Airlines will fly four times a week from New Zealand to Taipei via Sydney. This service is in addition to the airline’s three times a week service to Taipei via Brisbane. The new Sydney...
Pakistan International Airlines (PIA) has asked for assistance from the government to release $4.5 million on a priority basis to acquire aircraft on lease. The prime minister further asked the financ...
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