Airbus has stated it is confident it will be able to transfer deliveries of six A380s deferred by Qantas Airways to other customers. The European manufacturer has experience in transferring deliveries...
The CAAC has approved Spring Airlines’ request to launch a daily Shanghai-Beijing route in September. Despite the launch of a high-speed rail link between the two cities, Spring Airlines’ chairman Wan...
Deucalion Capital X Limited, an investment fund advised by DVB Bank SE (DVB), has acquired six Rolls-Royce Trent 772 powered A330-300 aircraft from Cathay Pacific Airways and leased them back on long-...
Air India’s restructuring programme has been delayed by three months. Local media suggests the delay is due to the government’s desire to revisit the total equity demand of the airline for this fiscal...
Brazil’s finance ministry has granted its approval of Grupo TAM’s proposed merger with Chile’s LAN Airlines. Although the Treasury Department’s Secretaria de Acompanhamento Economico identified overla...
US carriers have started to cut services from non-performing routes in a bid to offset high fuel costs and the threat of declining travel demand. Delta Air Lines and Southwest Airlines have scaled bac...
Some 58% of JetBlue Airways pilots have voted against joining a union. This is the second time they have rejected union membership to remain the biggest US airline without organized labour groups. Alt...
Founding director and chief executive of Astraeus Airlines, Mario Fulgoni, is leaving the leasing and management company at the end of the month. Fulgoni is leaving to seek new challenges. ...
The European Commission is investigating improper state aid at regional airports in the 27 member states. Last month it announced it has launched in-depth investigations at Marseille and Frankfurt Hah...
An unidentified European airline has signed a firm order to buy four Bombardier Q400 NextGen turboprop aircraft. The $126 million order, at list prices, also includes options on a further four aircraf...
Russian carrier Transaero has signed a memorandum of understanding for eight A320neo aircraft at the MAKS Moscow air show. No engines selection was made. Transaero currently operates an all-Boeing fle...
Nordic carrier Finnair has reported a 23.9% increase in its scheduled traffic in July, mainly from strong demand from Asia. Capacity was also up during the period by 14.7%, while revenues earned per p...
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