Half year profit falls at Air China
Profit at Air China fell by 76.7% for the first-half of the year to CNY945 million ($149 million). The fall was attributed to the slow economy, weak cargo demand and high fuel prices. Operating revenu...
Profit at Air China fell by 76.7% for the first-half of the year to CNY945 million ($149 million). The fall was attributed to the slow economy, weak cargo demand and high fuel prices. Operating revenu...
Japan Airlines (JAL) confirmed this morning that its initial public offering (IPO) will be priced as confirmed here in January at 663 billion yen ($8.4bn) after setting the indicative price range betw...
Airbus and one of the world’s leading academic institutions, Tsinghua University have formed a partnership to complete a sustainability analysis of Chinese feedstocks, and to evaluate how best to supp...
Despite concerns by the Indian government that giving foreign airlines the ability to invest in Indian carriers up to 49% would not cause the disruption they fear as foreign investors would not have a...
The Directorate General of Civil Aviation (DGCA) is conducting a safety audit of Kingfisher Airlines and Air India Express. Those carriers have been targeted due to the financial stress they are under...
Singapore Airlines plans to invest $20 million to upgrade its "SilverKris" airport lounges in a bid to remain competitive in the face of fierce rivalry from Asian and Middle Eastern carriers. The upgr...
Vietnam Airlines is restructuring its business to focus on its core business. This will involve withdrawing investments in stock, banking, real estate and other loss-making enterprises by 2015. By fol...
Dublin-based global aircraft lessor, AWAS, has appointed Richard Sinclair as Vice President of Sales for the Asia Pacific region. Sinclair will report to Jon O’Connell Managing Director Asia Pacific S...
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it delivered two new Boeing 737-800 aircraft to Indonesia’s Lion Air as part of a purch...
In the Australian press it is going to be get-Alan day again no doubt starting tomorrow. Few airline executives in recent memory have had to put up with the stick that Alan Joyce has suffered and yet ...
Cargo airline start-up, CDI Cargo Airlines, have begun operations with a Boeing 737-300 service to Hangzhou-Qingdao-Changchun. The airline took delivery of the Boeing freighter on August 15, which was...
Some 3,500 employees have left Kingfisher Airlines during the last year, reducing the head count at the airline to 4,200. Non-payment of salaries is the main reason for the exodus, insiders say. Emplo...
We're Social