AMR reports Q2 loss
AMR Corp., the parent of American Airlines, has reported a second quarter loss of $241 million. The bankrupt airline has been hit by reorganisation costs, legal and consultants’ fees that added up to ...
AMR Corp., the parent of American Airlines, has reported a second quarter loss of $241 million. The bankrupt airline has been hit by reorganisation costs, legal and consultants’ fees that added up to ...
The air operators certificate (AOC) for AeroSur has been withdrawn by Bolivian authorities after being grounded since May 18. Debts led the airline to reduce its fleet and services from February but i...
AeroTurbine, a wholly owned subsidiary of International Lease Finance Corporation (ILFC), has announced the opening of new logistics centers in Dubai, London, Los Angeles and Singapore. The centers pr...
With an order from TAM Airlines, Airbus has officially launched the Space-Flex PRM (Persons with Reduced Mobility) lavatory as an option for operators of the A320 Family. TAM will become the first Air...
CIT Group has firmly ordered 10 more A330 Family aircraft. This deal includes five A330s ordered previously and a new agreement for five additional A330s with the first commitment for the newly launch...
Pratt & Whitney and JetBlue Airways signed a definitive agreement for PurePower PW1100G-JM engines to power its order of 40 firm A320neo family aircraft finalizing the MOU announced in late 2011. The ...
Boeing and the Europe-based TUI Travel have signed a five-year agreement to provide 787 Dreamliner flight, maintenance and cabin safety training. Boeing also announced today at the Farnborough Interna...
It has been reported that AerCap is exploring strategic opportunities, which may include a possible sale of all or part of the company. Gary S. Liebowitz, senior analyst at Wells Fargo comments in his...
It is mid-week and many of you will be getting air show fatigue by about now. For many getting to the show itself is very hard work indeed, it seems that unless you are flying, you are very lucky inde...
Virgin Australia has ordered 23 737 MAX 8 aircraft. The airline has deferred delivery of some 737NG aircraft to beyond 2016 to give it flexibility to develop the right mix of narrow-body and wide-body...
The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) approved two final commitments aggregating $171 million in export financing for Aerovias de Mexico, which is Mexico's...
The Chinese government has cut domestic jet fuel prices by 9% to CNY 6,724 ($1,064) per ton and prices are now 12% down on last year. ICICI Bank has managed to offload its US$99m (430 crore) exposure ...
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