Hainan Airlines has posted a 69.78% drop in first-half net profit to CNY148.2 million, as a weakening Chinese yuan impacted earnings at all the country's airlines.Core revenue grew 2.92% to CNY15.47 b...
Japan Airlines and Mitsubishi Aircraft Corporation have signed a Letter of Intent (LoI) to order 32 Mitsubishi Regional Jet (MRJ) aircraft, in an order worth ¥150bn ($1.4bn). JAL stated it plans to de...
IATA has called on the Vietnamese government to work with the air transport sector to strengthen the country’s economy through global air connectivity. IATA identified three broad strategic areas to f...
BOC Aviation has placed an order with CFM International for 160 engines, following its order for 80 B737s on 25th August.The agreement with CFM includes 100 LEAP-1B engines for its 50 B737 MAX 8 aircr...
Air New Zealand has posted its highest annual net profit in 74 years of operations, citing its concentration on high-capacity routes, with the strong New Zealand dollar helping to keep fuel costs unde...
Air China has posted a 55.4% drop in profit during the first six months of the year, citing a weaker Chinese yuan inflating overseas debt payments.Net income declined to CNY510 million (US$82.9 millio...
HAECO Cabin Solutions, LLC, a subsidiary of the HAECO Group, has received Parts Manufacturer Approval (PMA) from the US FAA.The PMA designation authorises the facility to produce and sell approved PMA...
Further to receiving Billing and Settlement Plan (BSP) certification in June, Abacus has become the first foreign global distribution system to issue airline tickets using its technology, customized f...
BOC Aviation has priced A$75 million of 6.5-year fixed rate senior unsecured notes due in 2021. The notes represent an increase over the company’s A$125 million notes issuance priced on 21st August to...
China Aircraft Leasing has reached an agreement with Airbus to buy four A320s for an aggregate basic price of US$375.6 million (HK$2.9 billion).The company also said in a statement to the Hong Kong st...
BOC Aviation has placed an order for 80 B737s, which includes its first order for the re-engined MAX variant. The deal consists of 30 737-800s and 50 737 MAX 8 aircraft, to be delivered between 2016 a...
Malaysia's state investment fund Khazanah Nasional Bhd. has reaffirmed its plans to restructure Malaysian Airlines, which currently involves cutting a quarter of its staff and withdrawing operations f...
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