The families of the three people who died in the Surgut air crash on Saturday are to receive RUB2 million in insurance payments. One of the engines on the Tupolev-154B aircraft operated by regional ...
Pakistan-based scheduled airline airblue has taken delivery of two A319s from Dublin-based lessor AWAS. Tariq Chaudhary, chief executive officer of airblue, says: “The addition of these 2008 vintage...
Shares in SAS rose to the highest price in eight weeks after a Danish newspaper reported that Air France-KLM Group, Deutsche Lufthansa and British Airways would be ready to enter a bidding war over...
Turkish Airlines (THY) chairman Hamdi Topcu has stated that the airline is aiming to operate 180-200 aircraft by the end of 2011, and is targeting 27% growth and $8 billion revenue. The target seem...
French ministers have commented that they were happy with the deal on export credit for airlines. "The new agreement allows financial support conditions for all civil aircraft to be unified," said C...
Lufthansa has announced it will invest heavily in Munich airport to raise capacity by more than 40% from 2015. The German airline will invest €650 million jointly with the airport’s governing body, ...
Although the snow has been cleared and both runways are operating at London Heathrow, British Airways is struggling to clear the backlog of flights following four days of disruption. The problem h...
The recent snow disruption affecting UK and European airports has prompted the European transport commissioner Siim Kallas to propose minimum service requirements for airports. Kallas criticised th...
Turkish Technic has been awarded two Boeing 737-800 C check/painting contracts from OrenAir. ...
A report in French newspaper Les Echos has rekindled debate over the cause of an Air France aircraft en route to Paris from Rio in June 2006. The paper reported that this week Airbus has sent an op...
Aer Lingus yesterday made the move to pay its employee share ownership trust (Esot) €25.3 million to clear its debt, which was held by Anglo Irish Bank. These borrowings relate to stock bought at t...
AerCap has the lowest Price to Earnings to Growth (PEG) ratio in the aerospace and defense industry. PEG assesses the tradeoff between the price of a stock and expected growth, which means the lowe...
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