BOC Aviation’s net profit after tax for the financial year ended 31 December 2012 was US$225 million, 12% higher than the previous record of US$201 million achieved last year. The company has maintain...
Aviation maintenance management software provider Mxi Technologies has signed a Delivery Partner Agreement with AeroLogica Sdn Bhd (AeroLogica), an Information & Communications Technology (ICT) and su...
In a research note, Barclays Capital has lifted its price target on shares of Spirit Airlines from $24.00 to $30.00. The bank gives Spirit an “overweight” rating on the stock. Raymond James too has al...
Germany's airberlin group took delivery of its first Airbus A320 equipped with fuel saving Sharklets. The aircraft will join the fleet of the Austrian based airline NIKI, which is owned by the airberl...
Airbus has installed on the first flight-test A350 XWB (MSN001) its two flight-ready Rolls-Royce Trent XWB engines and is also installing the new Honeywell HGT1700 auxiliary power unit (APU) at Airbus...
In preparation for its Extraordinary General Meeting (EGM) on Wednesday in Amsterdam, EADS has announced an amendment to the Multiparty Agreement dated 5 December 2012 which the parties agreed to. By ...
AerCap Holdings (AerCap) has announced that Cerberus Capital Management through its affiliate, Fern S.a.r.l., sold approximately 8.2 million ordinary shares in the Company. This sale has reduced Cerbe...
Due to the success of Air France-KLM offering of bonds convertible into and/or exchangeable for new and/or existing shares (OCEANE) due February 15, 2023 for an initial nominal amount of approximately...
Profits were down at China's top three state-owned carriers for 2012 as the yuan continued to weaken against the US Dollar. China Southern, China Eastern and Air China posted a combined net profit of ...
The Airports Authority of India (AAI) has confirmed that it intends to form a joint venture with local airlines and oil companies to supply jet fuel. The company aims to reduce airlines' fuel costs by...
India's Foreign Investment Promotion Board (FIPB) has formally approved the creation of a new joint venture airline between AirAsia and Tata Group. In a press statement issued on 25 March, the ministr...
GE Capital Aviation Services Limited (GECAS) has delivered two new Boeing 737-800 aircraft to Japan’s Solaseed Air to help renew the carrier’s fleet. Both aircraft came from GECAS’ existing order book...
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