Air India has reported a net loss of 55.5 billion rupees for 2009/10 as it was not able to capitalise on higher load factors due to an increase in depreciation and interest charges. The net loss fo...
AirAsia has expressed its interest in purchasing re-engined version of the Airbus A320 and urged Airbus to go ahead with the project. AirAsia chief executive officer Tony Fernandes said: “We need A...
Air India’s board of directors has approved the sale of four Airbus A310 freighter aircraft. The sale of the 20 years old aircraft will “release crew and engineering manpower for the new type of fl...
Philippine Airlines (PAL) has stated his support to the call of the Aquino administration to liberalize the country’s aviation sector. “We welcome President’s vision to promote a competitive intern...
Qantas has lost its sponsorship deal with the Australian Football League (AFL) to rival Virgin Blue after a nine-year relationship. The $5-6 million annual deal has been passed to Virgin Blue and wi...
Air China has announced it will buy 10 Airbus A330 and 10 Airbus A350 series aircraft. The $4.49 billion purchase will be paid for in cash instalments raised via by business operations, bank loans,...
Hainan Airlines has chosen the CFM International CFM56-5B engine to power its 42 Airbus A320 aircraft. The deal includes long-term maintenance agreement. Deliveries of the A320s will start in 2012. Th...
At the Chinese airshow China Eastern Airlines have formalised its order from the Farnborough airport in June for CFM56-5B engines to power 30 new Airbus A320-family aircraft. Deliveries will start in ...
Pratt & Whitney has received a Validation of Supplemental Type Certificate from the Civil Aviation Administration of China for its Global Material Solution parts. The GMS program provides life-limited...
The Indian Directorate General of Civil Aviation has issued notices to all airline CEOs asking them to explain why travellers were being charged excessive fares. The move follows a probe by the regula...
Air China and Cathay Pacific is close to launching its jointly owned cargo airline agreed upon in February. The existing airfreight carrier Air China Cargo Co Ltd (ACC), previously a wholly owned subs...
Embraer has entered into a memorandum of understanding for financing and leasing aircraft with Chinese group AVIC International Leasing. The deal could be worth up to $1.5 billion over the next five y...
We're Social