Shares in Air Canada fell 4.41% after the airline warned that high fuel prices have forced it to downgrade its growth forecast. Air Canada’s growth forecast was down from the 5.5% and 6.5% on February...
Low cost airline 1Time Holdings is planning to start flights out from Johannesburg’s Lanseria airport form the third quarter of the year. Chief executive officer Glenn Orsmond stated that the airline ...
Turkish Technic has secured a five-year landing gear maintenance services agreement with SunExpress covering the carrier’s Boeing 737-800s. ...
Iberia has converted an Airbus A330-200 passenger airliner into a Multi Role Tanker Transport (MRTT), equipped for mid-air refuelling. It was the first time such a complex task has been performed in S...
Russian carrier NordStar has selected MTU Maintenance Hannover to maintain its CFM56-7B engines under a five-year contract. This is MTU’s first CFM56 customer from Russia. ...
HSH Nordbank has refinanced one Boeing 747-400 Freighter aircraft to Cargolux Airlines. The bank is sole arranger and underwriter. ‘We are very pleased that through this transaction we are able to sup...
The Board of Airline Representatives in the UK has stated it is “surprised and dismayed” at airport operator BAA’s proposal to impose emergency timetables on airlines during severe conditions such as ...
Christoph Franz, chief executive of Lufthansa, has stated that acquisitions are a low priority, brushing off rumours that the German airline is on the brink of taking over Scandinavian airline SAS or ...
A French judge has filed preliminary manslaughter charges against Airbus over the death of 228 people killed when an Air France flight from Rio de Janeiro to Paris crashed in the Atlantic Ocean on Jun...
Rolls-Royce confirmed yesterday that Asiana Airlines has selected the Trent 900 to power the six Airbus A380s the Seoul-based carrier has on order for 2014-2017 delivery slots. This contract, as with ...
Hainan Airlines net income for 2010 was CNY3.01 billion ($457 million) in 2010, from a net loss of CNY1.41 billion in 2009. Operating revenue was up 39.6% from 2009 to CNY21.71 billion while operating...
Sargent Aerospace & Defense has confirmed its aftermarket services group is acquiring more than 1,200 Boeing 737-300 and NG line-replaceable units including fuel pumps, avionics, electromechanical act...
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