TUI Group plans to go ahead with its previously announced plans to rebrand its five airlines under a single “TUI” brand from this Autumn. The five airlines – TUIfly (Germany), Thomson Airways (UK), Ar...
Since Alitalia has become part of the Etihad Airways equity partnership, it is now seeking to wind down its joint venture agreements with Air France-KLM. Alitalia will not renew agreements with its pr...
Reports have been circulating in the world’s press that Turkish Airlines is in negotiations to take over Air Malta although both airlines have refused to deny or confirm the rumours. It has been sugge...
Early last week this news service revealed that Element Financial was preparing an aircraft asset backed securitisation. More details have emerged this week in two presale reports from Standard & Poor...
Ruili Airlines has signed an agreement with Minsheng Financial Leasing and Avic International Leasing for 60 737 Max aircraft (types to be confirmed), the carrier said in an e-mailed statement yesterd...
Singapore Technologies Engineering (ST Engineering)’s aerospace arm Singapore Technologies Aerospace has de-registered its wholly-owned dormant subsidiary ST Aerospace Panama. Incorporated in the Repu...
Kunming-based carrier Lucky Air has applied to the Civil Aviation Administration of China (CAAC) to launched flights to Nagoya via Changsha from June 2015. The carrier intends to service the route twi...
Hong Kong International Airport (HKIA) passenger volume during April rose 8.8% year-on-year to 5.8 million. Aircraft movements increased by 3.1% to 33,725, while cargo volume dropped slightly by 0.7% ...
In a bid to streamline its operations, Malaysia Airlines has confirmed that it is divesting its indirect 8.84% share in Asia-Pacific travel distributor Abacus International. Malaysia Airlines is one o...
AirAsia India chief executive, Mittu Chandilya, has slowed down its fleet expansion, which had intended to add one aircraft every month, until there is clarity on international flying rules. AirAsia I...
Cebu Pacific Air has reported a net income of PHP2.2 billion ($50 million) for the first quarter of 2015, compared to the PHP164.2 million profit posted in the year-ago period. Revenue rose 20.7% to P...
Juneyao Airlines initial public offering (IPO) has priced at 11.18 yuan per share. The subscription investor roadshow started this week. The carrier is offering 68 million new shares on the Shanghai S...
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