Hossein Shariatmadari, a representative of Iran’s Supreme Leader Ayatollah Ali Khamenei, has called for US and European airlines to be “taught an unforgettable lesson” for refusing to supply fuel to I...
Ryanair has closed its inaugural Euro currency, floating rate Eximbond via King International Leasing. The €155, 745 million bond, which priced on July 12 at three-month EURIBOR + 70 basis points. The...
Flybe, Europe’s largest regional airline and the leading UK domestic airline, has strengthened its Board and re-organised its day-to-day divisional operating structure into three new operating units –...
The big news today is the meeting between Greece and the EU to resolve the crisis engulfing the Euro Zone. If the Germans are not willing to take an almighty hit to their finances then we can all expe...
Qantas is planning to speed up modifications of Rolls-Royce RB211 engines powering its Boeing 747-400 fleet to solve the problem caused by cracked high-pressure compressor blades, which Rolls-Royce ac...
The International Air Transport Association’s quarterly business confidence survey states that even though profit margins continued to be squeezed in the second quarter, confidence has returned and so...
Passenger traffic for the second quarter at Cebu Air rose 15% thanks to increased demand from foreign travellers. The airline flew 3.1 million passengers from April to June – keeping the carrier on tr...
Air India is planning to raise $832 million (Rs 3,745 crore) to fund its 787 deliveries, the first of which arrives in October. The airline is hoping to get support from the US Export Import bank, wit...
Pemco World Air Services is converting several Boeing 737-400s to Combi configuration with the U.S. Department of the Interior. The converted aircraft will be operated by the National Nuclear Securit...
Frontier was again forced to cancel some flights from Denver International Airport since 18 of its aircraft were damaged by hail last week. The airline is focused on getting passengers home and has le...
Alaska Airlines launching a daily service between San Diego and Hawaii on November 17. The airline is offering an introductory fare of $149 each way (plus taxes and fees) for tickets purchased by July...
Statistics from the US Department of Transportation show that US airlines’ work force on a full-time equivalent basis rose 2.1% to 384,974 in May compared to a year earlier. Employment in the sector h...
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