Garuda’s high guide price for its initial public offering has been raising concerns with investors, which is leading some to suggest that the airline might raise far less than the $1 billion it hop...
ILFC is gearing up to make its first aircraft order since 2007. The aircraft leasing unit of insurer American International Group is in active talks with aircraft manufacturers regarding a possible...
Domestic air traffic in the Philippines is expected to more than double to over 40 million passengers in less than 10 years, one of the country's major airlines said today. The rise of low-cost ca...
Air New Zealand (ANZ) has been buying up Virgin Blue shares in a bid to get to the maximum 14.99% ownership that would take the airline to its limit of 49% foreign ownership. The problem for ANZ is...
Delta Air Lines reported its first fourth-quarter profit in a decade this week on the back of improved revenue from ticket sales and other associated products and services. The poor weather conditions...
Harald Wolf, the deputy mayor of Berlin, was reported as saying Lufthansa was pushing the federal government to refuse Emirates direct flights to the capital through the Berlin-Brandenburg Interna...
The IndiGo order this week is thought to have carried a discount of around $800 million on list prices putting the value of the order at just under $15bn. IndiGo, meanwhile, is expected to continue...
Spirit AeroSystems Holdings Inc. rose the most in over one and a half years of trading yesterday, climbing $1.85 or 9.1% before falling back to 20.44 at the close after the aircraft parts manufacturer...
Well we were all told that an order was coming and here it is: An MOU has been signed between Airbus and IndiGo for 150 A320neos and 30 A320s, IndiGo has just cornered the A320neo market for the fores...
Irish flag carrier, Aer Lingus released its December figures yesterday. The airline said that the winter snow had disrupted services causing a 25.3% slump in traffic during December. Flight cancellati...
Pakistan international Airlines (PIA) management, contrary to its extension plan submitted to the government wherein 42 more aircraft were to be procured, have agreed to shrink operations by signin...
The full year results announced by Boeing show the US manufacturer has met its delivery target for 2010 but the delays in both the 747 and 787 programs finally took their toll as customers cancel orde...
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