Oil falls below $65bl
Brent crude oil has fallen below $65 – a five-year low- and is expected to keep falling to way below $60 a barrel. Opec has predicted that demand for its crude oil will fall to 28.9m barrels per day n...
Brent crude oil has fallen below $65 – a five-year low- and is expected to keep falling to way below $60 a barrel. Opec has predicted that demand for its crude oil will fall to 28.9m barrels per day n...
Delta TechOps—Delta Air Lines’ (NYSE: DAL) maintenance division and its maintenance, repair and overhaul (MRO) provider business—opened a line maintenance hangar at its Tokyo-Narita International Airp...
China Aircraft Leasing Group (CALC) has entered into a memorandum of understanding (MOU) with Harbin municipal government to undertake an aircraft disassembly project in northern China. The Chinese ai...
AirAsia X will cut direct flights between Kuala Lumpur and Adelaide after the final flight on January 25. The airline said that the route has not been profitable, and in light of difficult trading con...
Trading in shares of Malaysian Airlines (MAS) will be suspended from December 15, when the 6-billion-ringgit ($1.8 billion) restructuring process for the beleaguered airline begins. Majority sharehold...
LAN Airlines, part of LATAM Airlines Group, celebrated the arrival of its first A321 today at Santiago’s Comodoro Arturo Merino Benítez International Airport. This marks a significant milestone as LAT...
The US Congress has passed the Honor Flight Act, H.R. 4812, which revises passenger airline security fee requirements to limit per round trip fees to $11.20. ...
Airline stocks hit their highest levels for 14 years, with the Bloomberg US Airlines Index increasing by 3.5%. United Continental Holdings shares led the charge increasing by 6.5%. The gains were caus...
Peter Scholten, who headed Saudia Cargo as Vice President Commercial for the last four years, will retire from January 15, 2015 to pursue other interests. ...
Industrial and Commercial Bank of China (ICBC), China’s largest bank and Transaero Airlines have signed a Partnership Agreement to attract funding for the company. ICBC will provide a range of legal a...
The airberlin group had already announced the harmonisation of its fleet back in September, as part of its restructuring program. And now the Group has taken another important step with its Austrian s...
Greece-based Aegean Airlines Group has reported a 10% increase in operating revenue to €736m, pre-tax earnings improved to €105.4m from €75.9m while net earnings rose by 31% to €78.6m from €60m in 201...
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