Solid year for Air Arabia
Net profit at Air Arabia rose by 55% in 2012 to AED425 million ($115.7 million) while revenue rose by 21% to AED2.9 billion. The airline carried 5.3 million passengers – 13%$ more passengers than in t...
Net profit at Air Arabia rose by 55% in 2012 to AED425 million ($115.7 million) while revenue rose by 21% to AED2.9 billion. The airline carried 5.3 million passengers – 13%$ more passengers than in t...
Camiel Eurlings has been appointed President & CEO of KLM effective 1 July 2013. He will succeed Peter Hartman, CEO since 1 April 2007, who will retire on 1 January 2014. As of 1 July 2013, KLM's sta...
The European Commission (EC) is investigating government support of Estonian Air to determine whether they are in line with EU state aid rules. The rules state that such funding can be considered free...
Asia-Pacific airlines will lead global demand for larger and more eco-efficient aircraft types over the next 20 years, according to the latest market forecast for the region by Airbus. The forecast wa...
Air France-KLM has declared that it will make a final decision on the future of regional airline CityJet by July. The airline group is in talks with a few bidders for a potential sale and has stated p...
Air France-KLM Group has widened its full year net loss of €809m in 2011 to a loss of €1.2 billion last year. The loss was due to exceptional items, including a €471 million restructuring provision, a...
FLY Leasing set off a number of worries in the market this week after it withdrew its proposed term loan re-pricing citing “market conditions” as the reason. The lead arranger on the deal was Citigrou...
The Japan Transport Safety Board (JTSB) has announced that it found incorrect wiring to how All Nippon Airways (ANA) 787’s main battery and its auxiliary power unit battery were connected. Although it...
Engineers at Jet Airways are on a 'go-slow' mode after talks over an increase in wages broke down. The airline has been forced to cancel two flights from Chennai in the morning for engine repairs, but...
Qantas is planning to upgrade its entire fleet of Airbus A330s and order new Boeing 737-800s to drive its strategy in the international and domestic markets. Beginning in late 2014, the Group will rec...
Vietnamese carrier Air Mekong will ground all flights from March 1 and restructure the airline to help it return to profitability. The last flights of the carrier, owned by Halong Investment and Devel...
In response to recent reports that sequestration could delay more than 1,400 ongoing aircraft and parts manufacturing projects and force furloughs for Federal Aviation Administration (FAA) employees, ...
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