Korean Air Lines profits up
Korean Air Lines has reported a 50% jump in third-quarter operating profit on the back of lower prices of imported jet fuel. The carrier has posted an operating profit of 240.7 billion won (US$222 mil...
Korean Air Lines has reported a 50% jump in third-quarter operating profit on the back of lower prices of imported jet fuel. The carrier has posted an operating profit of 240.7 billion won (US$222 mil...
China Merchants Bank financial leasing arm has ordered for 30 C919s from COMAC. COMAC chairman Jin Zhuanglong said that the C919 would try to make an inaugural flight by the end of this year. First de...
Singapore Technologies Engineering Ltd (ST Engineering) has reported revenues of $1.55bn but a 10% drop in gross profit to $151.7m, and an 8% decline in net profit to $121.3m Revenue for the Aerospace...
China Aircraft Leasing Company (CALC), the leading independent aircraft operating lessor in China, has signed a Memorandum of Understanding (MoU) with Airbus for 100 A320 Family aircraft. The commitme...
Singapore Airlines (SIA) has denied it has plans to takeover Tigerair in full in the short-term but it has not ruled doing so in the future. SIA owns 40% of Tigerair and is providing the airline with ...
Cathay Pacific Airways is bracing for disruption to its flight schedule over the busy winter holiday period as its unionised pilots voted to continue with its contract compliance or “work-to-rule” cam...
Air India (AI) is reported to be in talks with Boeing to swap its order for three 777-300s due for delivery in 2016 to ten 737 Max aircraft, which it can deploy in the AI Express fleet. However, the ...
Cheung Kong has signed four separate deals, announced this week, to purchase up to 60 aircraft from several lessors and set up a new joint venture leasing business in Hong Kong with MC Aviation Partne...
XiamenAir (Xiamen Airlines) has opted for AFI KLM E&M expertise in support of the launch of its fleet of Boeing 787 Dreamliners and subsequent component maintenance and overhaul services for the aircr...
BOC Aviation has appointed David Walton as the new Chief Operating Officer to be based in the Singapore headquarters. Walton has 28 years of aviation finance and leasing experience. He holds a Bachelo...
Air India has resigned with immediate effect from the Federation of Indian Airlines (FIA), the industry lobby group that it founded to push for reform. FIA counted Air India, Jet Airways (India) Ltd,...
Airlines and passengers are criticising the delay of oil companies in passing on the fall in Brent crude oil prices to aviation turbine fuel prices, despite being quick to raise the price in line with...
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