Philippine Airlines (PAL) plans to raise up to $200 million via a syndicated loan this year to partly fund its ongoing re-fleeting program. PAL outlined its plans to the Bangko Sentral ng Pilipinas (B...
Regional Express (Rex) has stated that it is considering withdrawing from some marginal routes and retrenching staff, after issuing guidance for a 30% drop in net profit due to high fuel costs and wea...
Qantas CEO Alan Joyce has responded furiously to the focused labour campaign being organized by the unions representing the airline's engineers, pilots and baggage handlers. In a speech to the Austral...
Airline passengers in the US will now be entitled to $1,300 when they are forced to give up their seat on an overbooked flight, a 63% increase on the current rules. New Federal rules from the US Trans...
Sabre Travel Network has stated in an email to subscribers that American Airlines through its new commitment policy had "threatened" some travel agents with a new fee of $5.50 per segment booked throu...
US carriers need a better pricing model that can cope with the fluctuations in the price of fuel, says equities analyst Jamie Baker of JP Morgan. In a note he said: "We can think of few consumer produ...
Jackson Square Aviation (JSA) has delivered the fourth Boeing 737-846 aircraft to Japan Airlines. The aircraft is on a long-term operating lease. The senior debt was provided by DVB Bank. "We are thri...
ALC’s IPO sold 30.3 million Class A shares, 5.3 million more than anticipated, at the midpoint of its $25-to-$28 price range. JP Morgan and Credit Suisse managed the offering. ALC has 46 commercial ai...
American Airlines flight attendants are picketing 10 US airports today in protest of the $100 million paid to top executives over six years even though they agreed to $340 million in annual concession...
London-based aviation law firm Gates and Partners is on the verge of opening a new office in Dubai. The office, once the regulatory formalities have been completed, will be run by new partners Jim Edm...
The European Union has banned Mozambique carriers, LAM Mozambique Airlines and Air Madagascar, from flying to its airports due to “significant safety deficiencies”. In an update to its blacklist, the ...
Aremenia airline Armavia has taken delivery of the first production Sukhoi Superjet 100 (SN95007), at Zvartnots International in Yerevan. “This is definitely a great milestone for the Russian aerospac...
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