Under new plans from the Indonesian government, Garuda Indonesia, Citilink and other state-owned tourism companies will be combined under one holding company in a bid to better direct public funds to ...
Virgin Australia will reintroduce two regional services and expand frequencies to key holiday destinations and South Australia ahead of the summer holidays. The airline will reintroduce five-times wee...
Jin Air has begun flying cargo to the United States for the first time using its 777-200ER passenger jet. The flight from Incheon to Los Angeles carried 23 tons of displays and other electronic compon...
China Eastern Airlines has reported a third-quarter net loss of RMB563 million ($84.1 million) compared with a profit of RMB2.42 billion in the year-ago period. Revenue in the quarter fell 50% to RMB1...
The JAL Group has reported a 74% decline in operating revenue to ¥194.7bn between April and September 2020. Pre-tax losses reached ¥223.9bn, with a net loss of ¥161.2bn. International passenger demand...
Mitsubishi Heavy Industries (MHI) has announced that given the impact of the COVID-19 pandemic on the aviation industry and the current development status, it has “no choice but to temporarily pause t...
ST Engineering, Airbus and their joint venture, Elbe Flugzeugwerke (EFW) achieved a key milestone in their joint A321 passenger-to-freighter (P2F) conversion programme in September this year with the ...
ANA Group has reported a loss of ¥280.9bn (approx. $2.7bn) for the six months ended Sept. 30, 2020. Operating revenue during the period fell by 72.4% to ¥291.8bn. The net loss attributable to owners ...
Singapore-based aircraft lessor, Avation, has retained PJT Partners as financial advisor and DLA Piper as legal advisor to assist with a collaborative dialogue with bondholders in relation to the Avat...
In September 2020, China Southern Airlines Group passenger capacity (measured by available seat kilometres (ASK)) decreased by 23.67% as compared to the same period last year. Of which, passenger capa...
AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit ($120.60 million) to restart the airline, according to the words of deputy chairman Lim Kian Onn who commented in a Mala...
Pakistan International Airlines (PIA) is set to lay off 3,000 employees and sell its non-core assets to reduce its debt burden and restructure the airline. PIA debt stood at Rs360 billion (US$2.2 bill...
We're Social