airBaltic CEO quits
The chief executive officer of Latvian carrier airBaltic, Bertolt Flick, has announced he is stepping under the terms of a new rescue deal with the government. "The last few months have been very d...
The chief executive officer of Latvian carrier airBaltic, Bertolt Flick, has announced he is stepping under the terms of a new rescue deal with the government. "The last few months have been very d...
US carriers are estimating the new aviation departure tax proposed by the Obama administration will cost each airline approximately $100 million every year. As the world slips towards another reces...
Deutsche Bank has emerged as the front-runner to offer an $850 million (Rs. 4,200 crore) loan to Air India to fund the delivery of 27 Boeing 787s, As an alternative, the cash-strapped flag carrier h...
The management of Philippine Airlines (PAL) has warned its former employees against staging protests in front of the PAL Inflight Center building that hampers the flow of PAL’s business. PAL Presid...
Varolii Corporation, the interactive, personalized business-to-consumer text, voice and email communications, has announced that it has partnered with Southwest Airlines to streamline its process fo...
Nigeria's Arik Air will launch services from Abu Dhabi International Airport next month. Abu Dhabi Airports Company (ADAC) and Arik Air said operations would start on Tuesday November 29. ADAC added...
Former managers of Avianova have accused accountants KPMG of “gross distortion” in a report of the airline’s finances. Andrew Pyne and former chief commercial officer Mike Hayden have initiated le...
Shares in AMR Corp, parent of American Airlines, closed down 33% yesterday as fears spread the airline was facing bankruptcy. The company has denied rumours it is seeking bankruptcy protection but ...
ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China, has signed a memorandum of understanding with CFM International for CFM56-5B engines to power its new A320 aircraft...
Qantas members of the Transport Workers Union of Australia have voted to take further industrial action due to a lack of progress in negotiations with the airline. The union warned the airline that if...
Philippine Airlines (PAL) is cutting flight frequencies – 12% of its international network – to cut costs and it is also planning to cut 2,600 jobs with some services outsourced to third party supplie...
Tiger Airways says for the three months to September 30 it expects to post a net loss that is "markedly larger" than the S$20.6 million (US$15.6 million) loss posted in the first quarter this year. Fo...
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