Lufthansa announced on Friday that it would pay out initial aid of €50,000 (US$54,000) per passenger who died on the Germanwings Flight 9525 to the families of the victims, but the reality is that Luf...
Asiana’s plans to launch Seoul Air during the second half of 2015 (a new LCC) is facing opposition from Eastar Jet, Jeju Air and T'way Air, which have jointly submitted a letter to the South Korean Tr...
Spring Airlines, China's only listed low-cost carrier and Asia's biggest by market valuation, posted a 20.75% rise in net profit for 2014. Net profit grew to 884.2 million yuan (HK$1.1 billion) last y...
It is with great sadness that we relay the following message received today from David Power, CEO, ORIX Aviation: “Matthew Minihan, our much loved and respected colleague and Chief Financial Officer, ...
SpiceJet has entered into settlement agreement with lessor Wilmington Trust SP Services (Dublin) Ltd. Under the agreement, the lessor has agreed to withdraw court proceedings and de-registration proce...
The Indian government made another formal requested yesterday that state governments reduce value added tax (VAT) on aviation turbine fuel (ATF). Indian Minister of State for Civil Aviation Mahesh Sha...
So the Ryanair board has finally agreed in principle that they should take on long-haul. Ryanair is studying plans to fly between various European and US cities within the next five years and although...
It is rare these days that a positive spin can be found to put on a story coming out of India, and alas so it is again today. There have now been close to 30,000 confirmed cases of H1N1 (Swine flu) in...
On the issue of Chinese airline growth there have been a number of milestones, there is however one dreary divide that until this month had not been crossed – charging for checked baggage. China West ...
SpiceJet leaked to the market this week that it has started to pay back lessors and other creditors saying that a $10 million injection by new investor Ajay Singh has been distributed among lessors th...
Moody's and S&P have assigned Turkish Airlines' first time public corporate rating of Ba1 and BB+, respectively. Moody's states that Turkish Airlines' healthy financial profile is underpinned by its l...
The number of strikes at airlines across Europe these past ten months has been one of the worst on record, but the current Norwegian Air Shuttle strike looks to be one of the most damaging. As aircraf...
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