German flag carrier, Lufthansa has secured two A380s that were part of a cancelled order from another airline and will now receive them sooner than those already remaining on order. The offer was made...
Kingfisher, unable to secure meaningful investment pledges after a two-year roadshow has this week bowed to the inevitable: cut back aspirations, cut back low cost plans and pump more of that beer mon...
A Pakistan International Airlines (PIA) 737 aircraft bound for Karachi from Islamabad was forced to make an emergency landing at Multan Airport yesterday due to technical fault. Several government mem...
Kingfisher Airlines chairman Vijay Mallya has confirmed at the company’s annual general meeting in Bangalore that he is working aggressively to raise fresh capital by either leasing aircraft or by sel...
China Airlines has become a full member of SkyTeam Alliance. The 15th member of the alliance will now benefit from an increased presence in Europe, Asia, America and Africa, with alliance members prov...
Philippine Airlines is back in the air after being grounded following a wildcat strike yesterday. However the airline is only operating at 35-40% capacity today and thousands of passengers remain stra...
A Cathay Pacific 777 and Dragonair A330 aircraft came within a mile of each other near Hong Kong last week. The collision avoidance systems on both aircraft issued alerts and the pilots took evasive a...
Avianca has ordered four Airbus A330-200 Freighters for operation by cargo subsidiary Tampa. Avianca will become the first Latin America operator to receive the A330-200 Freighter, which will replace ...
President Obama proposed an increase in airline passenger duty last week. Obama proposes imposing a $100 fee on each commercial airliner and corporate jet every time they take off; raising the per-pas...
Boeing has confirmed it will not follow Airbus to further increase production beyond the target of 42 aircraft a month, warning against flooding the market with too many passenger jets to meet Asian d...
Aviation Capital Group Trust, an aircraft securitization special purpose vehicle (the Trust), has commenced a solicitation of consents of the holders of the Class A-1 Notes, Class B-1 Notes, Class C-1...
Credit-default swaps for AMR Corp, parent company of American Airlines, rose to 49.5% upfront yesterday from 29.25% on August 1, suggesting the market considers the airline to be struggling, if not in...
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