Thanks to the decline in the cost of fuel, Chinese carriers have posted a collective net profit of CNY1.9 billion ($309 million) in October – an increase of 32% compared to CNY1.43 billion posted last...
The Vietnam Airlines IPO on November 14, which offered 3.5% of the company, failed to attract one foreign investor, dashing the hopes of the government that it would precipitate the sale of more state...
AirAsia X has reported a net loss during the third quarter of MYR211 million ($62.7 million), compared to a profit of MYR26.4 million in Q32013. Revenue rose by 16% to MYR698.76 but the airline’s oper...
Azerbaijan freighter airline Silk Way West Airlines has been approved for a foreign carrier permit from the US Department of Transportation. The airline can now schedule both charter and cargo flights...
JetBlue Airways will redeem all of its outstanding 6.75% convertible debentures due 2039 (Series A) (the "Notes") at a redemption price equal to 100% of the principal amount of the Notes, together wit...
United’s 140 fleet technical instructors, represented by the International Association of Machinists & Aerospace Workers (IAM), have ratified a new joint labor agreement. In addition, the airline’s 49...
In order to facilitate movement in contract negotiations, the Southwest Airlines Pilots' Association (SWAPA) has officially filed for mediation with the National Mediation Board (NMB), the federal age...
Surinam Airways has signed a strategic partnership agreement with Eastern Air Lines encompassing cooperation in the areas of operational support, maintenance, and training, with sales and marketing to...
Rolls-Royce has won a $5bn order for Trent engines and long-term TotalCare service support from Delta Air Lines to power 50 new aircraft. Trent XWB engines will power 25 Airbus A350s and Trent 7000 en...
Delta Air Lines has placed a firm order for 50 new Airbus widebody aircraft, 25 A350-900 and 25 A330-900neo aircraft. Rolls-Royce Trent 7000 engines will power the Airbus A330neo aircraft and Trent XW...
The South African Public Enterprises Minister, Lynne Brown, intervened in the impasse between Monwabisi Kalawe, the chief executive of SAA, and the board of SAA, to ensure "a fair process" to resolve ...
First Gulf Bank (FGB) has finalised the AED1.1bn ($300m) finance lease funding for Emirates airline. The airline received the first delivery in September and recently welcomed the second aircraft. “We...
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