SOLOMON AIRLINES TO LEASE A320-212
The Board of Solomon Airlines has announced approval of a proposal to try to lease an Airbus A320-212 aircraft for its international and regional operations. The new lease has been arranged through...
The Board of Solomon Airlines has announced approval of a proposal to try to lease an Airbus A320-212 aircraft for its international and regional operations. The new lease has been arranged through...
Malaysian long-haul budget airline AirAsia X is to launch regular flights between Kuala Lumpur and Tokyo starting December 10. Its inauguration flight is scheduled to depart from Tokyo’s Haneda air...
Philippine Airlines has announced that more than 500 union members have signified their intention to accept separation pay amounting to nearly P1 million for each. Following the deal, the airline i...
Qantas has acquired charter airline Network Aviation for about $30 million. With the purchase, the airline hopes to tap into burgeoning demand from the mining industry for flights to remote sites i...
Michael B Baughan, president and chief operating officer of BE Aerospace, has resigned. He will be replaced on December 31 by Werner Lieberherr, who is currently senior vice president and general ma...
The US Department of Transportation (DOT) has fined JetBlue Airways $600,000for violating rules protecting air travellers with disabilities and for failing to disclose when flights sold by the carr...
Boeing is increasing the price of its aircraft by about 5.2% and has announced the withdrawal of the 787-300. The aircraft manufacturer, which hasn’t raised prices for two years, blames high wages,...
Pratt & Whitney Canada has been given $300 million in government funds towards a $1 billion research project to develop a next generation of high-performance aircraft engines. Ministers hope the i...
Aircraft cabin parts manufacturer B/E Aerospace has closed a $750 million revolving credit facility that will mature in December 2015. The cash has been used to refinance the $343 million outstandi...
Direxion launch Direxion Airline Shares ETF (FLYX). Direxion’s first non-leveraged ETF is linked to the NYSE Arca Airline Index. FLYX, launched December 8, owns 13 stocks and the fund’s annual expe...
Hawaiian Airlines has confirmed it has repaid loans with an expanded line of credit worth as much as $75 million during the next four years from Wells Fargo Capital Finance and others. The credit ...
American Airlines said Monday it would begin nonstop flights between New York and Tokyo’s Haneda Airport on Jan. 20. Haneda is considered more practical than its sister airport Narita as it is loca...
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