News

International Airlines Group (IAG) has reached agreement with Boeing to convert 18 existing Boeing 787s options into firm orders for British Airways. They will be used to replace some of the airline's...

The United Arab Emirates and Canada have seemingly ended their three year tit-for-tat airline rights war with the UAE lifting the exclusive visa requirement for Canadian citizens. The two countries ha...

Jet Airways has revised its cancellation charges to disincentive passengers from changing their cheap tickets. The airline will charge penalties ranging from Rs 200 to Rs 2,000 in a sharp turnaround f...

Qantas has announced an increase in its codeshare agreement with China Eastern Airlines between Melbourne and Shanghai, domestically between Nanjing and Beijing and on the Sydney-Nanjing-Beijing route...

Denis Ranque has been elected Chairman of the EADS Board of Directors, Tom Enders has been reappointed as Chief Executive Officer. Besides the appointment of the new Chairman as well as the reappoint...

Saudi Prince, Alwaleed Bin Talal Al Saud, chairman of Kingdom Holding, sold an A380 delivery slot that was placed back in 2007 recently, news that will be a blow to the companies that were hoping to g...

Aviation Capital Group (ACG) has prevailed in the appeal filed by Olympic Airlines (Olympic) concerning the April 2012 trial judgment in ACG’s favour (see Airline Economics Issue 9 for the full story ...

JetBlue Airways first quarter 2013 results show an operating income of $59 million, resulting in a 4.5% operating margin, compared to operating income of $89 million and a 7.4% operating margin in the...

On April 23, 2013, JetBlue closed a $350 million three-year secured revolving credit and letter of credit facility. Citibank is the administrative agent. “We continue to enhance and optimize our liqui...

Etihad Airways and Air Canada have signed a Memorandum of Understanding (MoU) for a commercial cooperation agreement that will enhance travel services between the United Arab Emirates and Canada. Whil...

Air Seychelles, the national airline of the Republic of Seychelles, has entered into a codeshare agreement with South African Airways (SAA). The first phase of the agreement will see South African Air...

Southwest Airlines confirmed on April 2 that it has closed a $1bn revolving credit facility and has terminated the revolving credit facility dated April 28, 2011, which would have expired April 28, 20...