GoAir has reported a profit of Rs 104.34 crore during the 2013 financial year compared with the Rs 133.72-crore loss in the previous year, but this was due to changes in accounting policies with respe...
Qantas has confirmed it will close the Avalon heavy maintenance facility given that the 747 fleet is almost now gone, at the end of March 2014. Some 300 jobs will be lost. Qantas has stated that it wi...
Altitude Investments 14 LLC - a special purpose lessor for Lion Air - successfully announced and priced a $80,676,000 Ex-Im Bank guaranteed transaction at 2.530% This is the 4th Ex-Im Bank guaranteed ...
Low-cost carrier SpiceJet has reported a record loss of Rs 5.59bn in the three months to September compared with a net loss of Rs1.64 billion in the same period last year. Shares in the airline fell 6...
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, has announced that Stephane Daillencourt has been promoted to Executive Vice President, Aviation ...
ST Engineering has reported a 1% growth in revenue to S$511 million during the three months to September 30, 2013, with pre-tax profits dipping by 6% to S$80.2 million. Operating costs rose by 4% to S...
Hong Kong Aircraft Engineering Company Limited (HAECO) has announced that its subsidiary company Taikoo (Xiamen) Landing Gear Services Co. Ltd. (TALSCO) will resume operations in December 2013, after ...
Tigerair of Singapore has unveiled the first A320 aircraft to be retrofitted in Asia with Sharklets. Five A320s have already been delivered to Tigerair with Sharklet-ready wings, with the retrofit wor...
IATA has stated that airline share values in the Asia- Pacific region have remained "relatively weak reflecting declines in financial performance so far this year". Passenger yields were up on a year-...
The Hong Kong Civil Aviation Department is investigating nine incidents in which pilots of Hong Kong Airlines disregarded instructions by traffic controllers. Although passenger safety was never compr...
China Southern Airlines has reported a drop of 4.8% in operating revenue to CNY28,420 million (USD4610 million) during the three months ended 30 September 2013. The carrier’s operating costs dipped by...
Hainan Airlines have received approval from the Civil Aviation Administration of China (CAAC) for its joint venture with Urumqi Urban Construction Investment Co to create Urumqi Airlines, a new carrie...
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