Peach Aviation has reported a third consecutive year of increased revenue and profit for FY2015. Revenue was up 29.1% year on year at JPY47,939 million (USD399.5 million). Operating profit was up 116%...
King Power, the Thai duty-free conglomerate and owners of City football club in the UK, confirmed yesterday that it had bought a $225 million stake in Thai Air Asia. Thai Air Asia is 55% owned by Asi...
Airbus Helicopters has finalized an agreement to build an assembly line in China as part of a 1bn euro deal to sell 100 H135 helicopters to a local consortium of China Aviation Supplies Holding Compan...
Shares in Chinese airlines continue trade down today following an explosion at Shanghai Pudong International Airport on Sunday afternoon, on average all are down 4%. Conversely on the Shanghai Stock E...
Chengdu-based Sichuan Airlines has now applied to the US Department of Transportation for permission to fly between Chengdu and LA. The carrier currently flies to the US overseas territory of Saipan, ...
Indian airline, GoAir, has become eligible under the 5/20 rule to fly overseas following the induction of its 20th aircraft into its fleet. "GoAir has expressed its intent to fly overseas from next ca...
The India aviation ministry has decided to shelve a proposal to raise the foreign investment limit in Indian airlines to 74% from the current 49% limit. The proposal was part of the new aviation polic...
Philippines' airline, Cebu Air, intends to acquire two more A330s to serve new routes to Honolulu or to increase potential flights to the Middle East. ...
Rayani Air, the Malaysian Shariah-compliant airline that was suspended for three months soon after launching operations due to a unauthorized pilot strike, has missed a deadline to put its financial r...
Vistara, a joint venture between Tata Sons and Singapore Airlines (SIA), will finalise its aircraft procurement plan after the outcome of the 5/20 rule, which is currently under debate by parliament. ...
Following the Asian low cost airline grouping of last month it could be that Thai and other such as MAS also form a coop of sorts. All major flag carriers in the South East Asia seem to be coming to t...
Sichuan Airlines has confirmed an order for 15 A320, comprising seven A320ceos and eight A320neos. The carrier flies to Thailand, Singapore, Australia, Dubai, Moscow and Vancouver in addition to its C...
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