Air Mauritius has posted another loss of over €11 million due to slower-than-expected demand and high fuel costs. One source conceded that the outlook was “challenging” for the rest of the current yea...
The major shareholders of AirAsia and Malaysia Airlines (MAS), Tune Air and Khazanah Nasional respectively, have agreed not to sell their shares for a period of 30 months under the share swap executed...
China Aircraft Leasing Co. (CALC) has signed an LOI with COMAC to purchase 20 CFM Leap-X-powered C919 aircraft. The C919s will probably be leased to Air China, China Eastern Airlines and China Souther...
Aviation PLC has announced it has entered into 10-year loan facility agreements for up to US $152.2 million under a mandate to Crédit Agricole-Corporate Investment Bank. The loan facilities can be dra...
Thai Airways International has ordered four Airbus A350-900s and five A320s and will also lease eight A350-900s and six A320s. Deliveries of its first A350-900 will start in 2016, while the first A320...
Strategic Airlines is rebranding to become new low-cost brand Air Australia in a bid to take advantage of Virgin Australia’s repositioning and the brand damage to Tiger Airways Australia. The airline ...
Deliveries of Air India’s 787s have been delayed by two more months, with the first aircraft now expected to be delivered in December. Until the airline takes delivery of its 787s it cannot reopen luc...
Kingfisher Airlines has reported a 15% increase year-on-year loss of 263.54 crore for the April-June quarter. High fuel costs, which rose 40%, have completely offset the benefit the airline received f...
Air India and the Appointments Committee of the Cabinet (ACC), headed by the prime minister, have begun its search for a new chair and managing director to replaced Arvind Jadhav. Given the airline’s ...
The collaboration between Malaysia Airlines (MAS) and AirAsia will eliminate the fare wars that have blighted the local market as well as allowing for economies of scale, higher bargaining power and s...
Singapore Airlines has ordered eight Boeing 777-300ERs, which are scheduled to be delivered in its 2013-2014 financial year. The new aircraft will be operated on medium- and long-haul routes. ...
Cathay Pacific Airways has announced plans to buy 12 passenger aircraft and freighters from Boeing. The airline has agreed to buy four 777-300ER aircraft and eight 777-200 freighters, which it expects...
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