FIRST HALF PROFITS TUMBLE AT CATHAY PACIFIC
Cathay Pacific has posted a 44% fall in first-half operating profit due to high fuel costs. Operating profit before non-recurring items tumbled to HK$2.8 billion ($359 million) from HK$5 billion a yea...
Cathay Pacific has posted a 44% fall in first-half operating profit due to high fuel costs. Operating profit before non-recurring items tumbled to HK$2.8 billion ($359 million) from HK$5 billion a yea...
Rumours that Qantas could cut engineering jobs have prompted the Australian Licensed Aircraft Engineers Association to warn that this could lead to industrial action. Union secretary Steve Purvinas sa...
Credit rating agency Moody’s Investor Services has warned that if Air India defaults it will impact the rating of Indian lenders, including SBI, Punjab National Bank, Bank of Baroda, Bank of India, ID...
Biman Bangladesh Airlines has received a $277 million 12-year loan facility from JP Morgan, guaranteed by the US Export-Import Bank, to purchase two new Boeing aircraft to service its expanding domest...
HNA Group, the parent of China’s fourth-largest airline Hainan Airlines Co, is bidding for Hochtief AG’s airports business, which it values at more than 1 billion euros ($1.42 billion), according to t...
Protests over rising air fares that have caused four deaths and 23 injuries at the airport of Mare island, part of the South Pacific archipelago of New Caledonia. The French government has appealed to...
Jetconnect, owned by Qantas, has been fined $12,000 for breaching a flight landing curfew at Wellington International Airport. The airline pleaded guilty to the breach, which occurred on September 18,...
Tiger Airways has posted its first quarterly loss since the airline went public in January last year. Both Tiger Airways Singapore and Tiger Airways Australia posted a net loss of SG$20.6 million (US$...
Japan Airlines (JAL) is considering forming a venture on European routes with British Airways to boost operations on the continent. Air France is also being considered for a similar link up. “Our alli...
Fokker Services has won a three-year component management contract from Alliance Airlines to support its Fokker fleet, which comprises 18 100-seat F100s, two 75-seat F70LRs and five 50-seat F50 turbop...
The Cabinet Committee on Economic Affairs (CCEA) has approved an equity infusion of Rs 1,200 crore into Air India, boosting its equity base to Rs 3,345 crore, which should make it easier for the airli...
Air India wants the ministry of civil aviation to facilitate compensation from Star Alliance and German airline Lufthansa – its mentor in the application process – for breaking their understanding ove...
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