Air France-KLM has reported a full-year loss with a warning that results for the current six months will show a further deterioration. The airline posted a net loss of €809m ($1.06bn) from a pro €289m...
The top ten US carriers, excluding American Airlines and its shirt-burning Chapter 11 entrance and $2bn loss, performed well in 2011with revenue on the main increasing by over 10% while fuel costs s...
The Director General of Foreign Trade yesterday allowed individual domestic airlines to directly import aviation turbine fuel (ATF) by issuing a formal notification to this effect. The notification ...
Losses at SriLankan Airlines are expected to rise sharply this year, and the country's national carrier intends to reduce flights to London and divert most of them to China, beginning April. The sta...
Air Mauritius will carry out a manpower audit to assess staffing requirements as it cuts routes and redeploys aircraft, said Donald Payen, its executive vice-president. “The number of employees per ...
Kingfisher Airlines stated today that it had started truncated operations in accordance with its new flight schedule, as the Indian aviation regulator (DGCA) examined its operational details to cons...
Virgin Australia today confirmed that net profit for the six months to December 31, 2011, came in at $51.8m, up 118% from $23.8m in the same period a year before. Virgin Australia chief executive Jo...
US Airways Group stated in a Securities and Exchange Commission filing yesterday that a runway and terminal expansion at Philadelphia International Airport could harm its finances and business opera...
The Guggenheim Airline ETF (FAA) was pushed to a nearly 6.2% loss on the day yesterday. The product was led lower by its heavy holdings in Delta which comprises 17.2% of the fund, United Continental ...
An Emirates Airline A340-300 was stuck in Munich for around three hours this week, due to technical difficulties with the aircraft, it has been reported. Crew members on a Dubai-Munich flight report...
After nearly nine years servicing the Cebu-Doha route, Qatar Airways has announced that it will cease to operate this route effective March 26 this year. In an advisory sent to its partners and clie...
Hundreds of Velvet Sky passengers were left stranded at airports including Cape Town International yesterday because of a dispute with a service provider. Details are unknown beyond what Velvet Sky...
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