China Eastern Chairman in call for help
As the debt ratios of China’s big three airlines moves towards the 80% mark, China Eastern Airlines chairman Liu Shaoyong has called on the Central government to make up to a $20bn capital injection i...
As the debt ratios of China’s big three airlines moves towards the 80% mark, China Eastern Airlines chairman Liu Shaoyong has called on the Central government to make up to a $20bn capital injection i...
ICICI Bank, one of Kingfisher's lenders which also has a charge on promoter Vijay Mallya's liquor company shares, has asked the airline to provide additional securities or pay up following a sharp dro...
Air New Zealand has launched a new codeshare deal with ANA that it hopes will boost its market share in Japan. The national carrier's direct Auckland-to-Tokyo flight yesterday was its first under the ...
KLM Asia, a Taiwan-registered subsidiary of Air France KLM, launched direct nonstop flights between Taipei and Amsterdam yesterday to become the first airline to offer nonstop flights between Taiwan a...
Kingfisher is reported to have closed offices in: Hyderabad, Kolkata, Lucknow, Ahmedabad, Ranchi, Patna, Amritsar, Bhubaneswar, Indore, Kochi, Nagpur, Coimbatore, Bagdogra, Trivandrum and Kochi. The a...
China has denied Lufthansa from obtaining rights to operate an Airbus A380 to Shanghai due to its opposition to the European Union’s Emission Trading Scheme (EU ETS). Lufthansa chairman and CEO Christ...
TransAsia Airways Corp will be the only listed carrier in Taiwan to pay a cash dividend to its shareholders this year. TransAsia, which mainly operates regional and cross-strait passenger routes, post...
Kingfisher Airlines shares tumbled 5% to Rs 17 as the company awaits its performance report from the Directorate General of Civil Aviation today. Meanwhile, The DGCA is likely to call Vijay Mallya, th...
Mandala Airlines plans to resume their flight services on April 4 after financial woes halted operations in January last year.“We recently issued Mandala’s Air Operator Certificate [AOC] and they are ...
There has been a substantial fall in the growth rate of international passenger carriage by Indian airlines during 2011 from 2010 levels. Among the reasons are ailing Kingfisher Airlines pulling out f...
China Eastern Airlines and Qantas are to set up a regional low-cost carrier, marking the first move by a big Chinese mainline airline into the growing but overcrowded low cost sector in South East Asi...
The Hong Kong Airport Authority has stated that it will impose a construction levy on airlines if it cannot raise sufficient funds for a third runway. The Executive Council has given its approval in p...
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