China Everbright has announced that Keen Dynamics (KDL), its joint venture with Friedmann Pacific Asset Management (Friedmann Pacific), which focuses on global airport investments, has signed an agree...
SpiceJet chairman Ajay Singh has stated that the airline plans to embark on a major fleet expansion and increase existing frequencies. The airline has made a dramatic recovery over the past few months...
Philippine Airlines (PAL) plans to invest between $600 million and $800 million this year acquire six new aircraft and spare parts. PAL president and chief operating officer Jaime Bautista confirmed: ...
Jet Airways shareholders have approved a measure to merge Jet Airways with JetLite to create greater efficiency. In a regulatory filing to the Bombay Stock Exchange, Jet Airways said: "The equity shar...
American Airlines first quarter 2016 results show a 4% fall in revenue to $9.4bn, which was negatively impacted by competitive capacity growth, continued macroeconomic softness in Latin America, and f...
fastjet, the low-cost pan-African airline, is celebrating the major milestone of flying two million passengers across the African continent. This achievement come 15 months the airlines first million ...
Finnair has secured financing for its fourth Airbus A350-900 XWB, delivered in March 2016. The transaction amounts to approximately €115 million, implemented using a Japanese Operating Lease with Call...
On April 21, 2016, Korean Air has resumed flights between Saint Petersburg (Russia) and Seoul. The carrier will operate three weekly services from Incheon International Airport to Pulkovo Internationa...
Chinese travel booking site, Ctrip has announced a 3 billion CNY ($463 million) investment in China Eastern Airlines, which will consist of a private placement of shares. Ctrip has taken a board seat ...
American Airlines Group shares have been upgraded by Vetr from a “hold” rating to a “buy” rating in a research report issued yesterday. The brokerage has a $42.44 price objective on the airline’s stoc...
Hawaiian Holdings, parent company of Hawaiian Airlines, has reported a today reported its financial results for the first quarter of 2016. Hawaiian’ net income during the quarter, on an adjusted basis...
During the first quarter of 2015, Southwest Airlines posted a 25.7% increase in net income, excluding special items, to $567 million, or $.88 per diluted share. The first quarter operating margin, exc...
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