PM approves PIA’s 777 acquisition
Pakistani Prime Minister Nawaz Sharif has approved the acquisition of five Boeing-777 aircraft by Pakistan International Airlines. He has also agreed a strategy to settle PIA legacy loans that will em...
Pakistani Prime Minister Nawaz Sharif has approved the acquisition of five Boeing-777 aircraft by Pakistan International Airlines. He has also agreed a strategy to settle PIA legacy loans that will em...
Japan Airlines (JAL) and Korean Air have expanded their codeshare agreement to the North Asian region. The two airlines, which below to rival airline alliances, will add eight more destinations from t...
BOC Aviation has raised the limit of its Euro Medium Term Note Programme (EMTN Programme) to US$5 billion from US$2 billion. The EMTN Programme was established in September 2012. Notes issued pursuant...
Philippine Airlines (PAL) has posted a net loss of US$205.15 million in the nine months to December due to higher charges and maintenance costs and lower passenger traffic. The total net loss for the ...
Claims brought in a class action lawsuit against Air New Zealand (ANZ) that the airline was price fixing on freight have been withdrawn. The airline will not be contributing to an A$38 million settlem...
Maybank Research has stated that Khazanah Nasional must take Malaysian Airline System (MAS) private now and float the carriers' profitable units as standalone companies in order to gain a premium on i...
IndiGo has increased charges for passengers opting for preferential seating and extra baggage. The airline will now charge Rs.600 per passenger to sit in rows one, two, 12 and 13 on domestic flights f...
Zhejiang Loong Airlines of China, originally a cargo carrier, is to introduce six A320s this year on new domestic routes to Beijing, Qingdao, Kunming, Xiamen, Lanzhou, Nanchang, Guilin, Urumqi, Nannin...
On April 15 Crédit Agricole CIB closed the commercial refinancing, under a Japanese Operating Lease Structure with Call Option (JOLCO), of a Boeing 787-8 for Qantas. The aircraft is operated by Jetsta...
UTC Aerospace Systems and AVIC Electromechanical Company Limited have announced the opening of their joint venture facility: Xi'an AVIC Hamilton Sundstrand Aviation Electric Co located within the Xi'a...
Hainan Airlines has now formally retired A340-600 from its fleet this week. Aircraft registration B-6509 will now have an uncertain future. ...
The Indian directorate general of civil aviation (DGCA) has re-iterated that foreign investors will not have the right to control an Indian airline. The new ruling affects AirAsia, SIA and Etihad. So ...
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