GARUDA INDONESIA BEGINS IPO PRE-MARKETING
Garuda Indonesia has begun pre-marketing for a $500 million initial public offering (IPO), an increase on the $400 million that Emirsyah Satar, Garuda's president director, announced to investors in N...
Garuda Indonesia has begun pre-marketing for a $500 million initial public offering (IPO), an increase on the $400 million that Emirsyah Satar, Garuda's president director, announced to investors in N...
Malaysian airline Firefly has announced plans to expand its services in Asean – the association of ten Southeast Asian nations – from the third quarter of 2012. Datuk Eddy Leong, managing director of ...
China Eastern Airlines has stated its net profits for 2010 should be more than 10 times that of 2009 thanks to the rising demand for air travel in China and Asia. Net profit for the airline in 2009 we...
The Indian Cabinet Committee for Economic Affairs (CCEA) has approved an infusion of $267 million for beleaguered state carrier Air India. The carrier, which posted an operational profit of $4.9 milli...
Delta Air Lines has installed lie-flat seats in business class on the first of its eight Boeing 777-200ERs. The remaining aircraft are expected to be installed with the beds in the next six months. Th...
Shares in BE Aerospace, which provides interior products and solutions for the commercial, business jet, and military aircraft market, closed at $37.95 in Monday trading after posted a poor performanc...
Unions representing cabin crew said yesterday the new 20-month tentative interim agreement put forward still needs to be ratified by a member vote in the coming weeks. It said the new deal increases t...
Brazilian airline, Gol Linhas Aereas (GOL) expects demand for domestic air travel to rise 10 to 15% in 2011 thanks to an increase in middle class fortunes and an increased in tourism to South America....
US regional airline group SkyWest has ordered four CRJ700s for its Delta Connection operation. SkyWest Airlines will operate the aircraft under the Delta Connection banner in a dual-class configuratio...
A NEW airline flying between Cape Town, Durban and Johannesburg called Velvet Sky is set to lunch in 2011 adding to competition in a sector covered by at least three budget airlines and South African ...
The seasonal cycle of passenger load factors normally sees a fall in November each year and 2010 is no different. The industry passenger load factor in November was 75.6%. Stripping out the seasonalit...
Aviation consultancy Ascend has reported that 828 people lost their lives in air accidents in 2010, a 13% rise over 2009 figures. The number of fatal accidents rose by five to 28, some 4% worse than t...
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