Banks working to restructure debt packages of both Kingfisher Airlines and Paramount are reported to have approached Reserve Bank of India to treat aviation debt as standard assets rather than restruc...
Air New Zealand, the national carrier, has been upgraded to an investment grade Baa3 credit rating by Moody's Investors Service due to its implied government support. Moody's said the airline's majori...
South African Airways will cease operating is last 747-400 in October. The carrier had operated a total of 28 747s since its first introduction in 1971. ...
Vietnam Airlines has converted its order for 16 787-8 orders made in 2007 to the 787-9 "due to unexpected performance limitations on the original model." The airline believe the -8s are now “too heavy...
The Australian Competition and Consumer Commission (ACCC) has approved the joint venture between Virgin Blue and Etihad to cooperate on pricing and scheduling. Qantas, whose CEO Alan Joyce stated last...
India has invited companies to participate in its aviation sector, says Civil Aviation Minister Praful Patel: "Though India has achieved a lot of progress in this area in a short span of time, still w...
Ghaith Al Ghaith, FlyDubai CEO explained yesterday at the Low Cost Congress in London how the airline has been successful at adapting the traditional low cost model to meet the requirements of the env...
Japan Airlines will need to make a number of redundancies to meet a target of reducing staff numbers by a third as it restructures under bankruptcy protection. The carrier needs to eliminate a further...
Kingfisher Airlines CEO, Vijay Mallya confirmed yesterday that: "There are several employees on our rolls whose presence in the organisation will be reviewed. We will look at some structural changes i...
Former SpiceJet chief executive officer Sanjay Aggarwal may join Kingfisher Airlines (KFA) as the chief executive according to regional media sources. Aggarwal joined SpiceJet in October 2008 and has ...
From October 31, AirAsia X plans to begin regular international flights from Haneda Airport. Since the de-regulation of the aviation sector, the Japanese government has encouraged more low-cost carrie...
Indian low cost Go Airlines plans to fly to Pune once its tenth Airbus A320 is delivered on October 2. All being well, the airline will begin flights to Pune on that day. The airline recently added Pa...
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