Austrian Airlines has received a capital injection of up to €140m from parent company Lufthansa following the approval of its Work Programme. The funds will be used to harmonise its medium-haul fleet ...
Lufthansa’s operating fell by nearly 20% to €820 million ($1.07 billion) in 2011. The German airline group announced a net loss of €13 million for the year last week. The poor results were blamed on ...
In a bid to address concerns of the civil aviation sector, Indian finance minister Pranab Mukherjee today proposed to allow domestic airlines to borrow up to $1 billion in external loans for a period...
The CEOs of Israel's three airlines – El Al, Arkia and Israir – are meeting with the head of the Civil Aviation Authority today to try and discourage the state from signing an open-skies agreement wit...
Russian cargo group Volga-Dnepr has sought approval with the German antitrust authorities to buy Air Cargo Germany. A decision is expected this month. ...
Cargo Air signed an agreement with AFI KLM E&M for regular component support. Cargo Air operates two 737s, for which component support and pool access is now provided by AFI KLM E&M. Cargo Air has al...
Due the reduction in traffic caused by the collapse in the country’s national carrier Malév, Budapest Airport, the operator of the Liszt Ferenc International Airport, is closing down Terminal 1. Spoke...
Turkish Airlines offers direct flights to 189 destinations from Istanbul and is the most prolific airline in Europe and the Middle East to fly the most direct routes. THY flies to 15 more destination ...
Air Baltic is in final talks with Airbus and Boeing regarding an order for A319s or 737-700s. Any order is likely to be announced at the Farnborough airshow in July but in the meantime the airline wil...
Flybe will lease two Bombardier Q400 aircraft on a wet-lease basis for two years starting March 25 to Brussels Airlines. Flybe chairman and CEO Jim French said this was “another very important milesto...
British Airways (BA) has suspended its code-share agreement with Kingfisher Airlines. The two airlines had signed a code-share agreement for each other's flights across India, Sri Lanka, the UK and co...
An analyst at Societe Generale has declared that the European Union (EU) is close to backing down on continuing with its emissions Trading Scheme once the International Civil Aviation Organization (IC...
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