Jetstar is facing a 5% annual pay claim from members of the Australian Services Union. The union is calling for an increase in superannuation contributions to 15% and a 2.5% point boost in shift loadi...
Air India has recorded a 24% increase in passenger revenue during April-August compared to the same period last year. International yields for the airline rose 13.6% while the domestic yields grew by ...
Rolls-Royce has won an order from THAI Airways International for Trent 700 engines to power an additional seven Airbus A330 aircraft. The order includes a TotalCare long-term service agreement for the...
Shares in Esterline Technologies rose to a new high after reporting a solid 9% Q2 earnings in September. Esterline Technologies, which has a market cap of $1.77 billion, designs and manufactures engin...
Boeing has secured an order for 30 737 aircraft from an undisclosed buyer, although many suppose this if for SpiceJet. The order is valued at $2.1 billion at list prices and brings the overall yearly ...
Boeing has stated that it expect Russian and Commonwealth of Independent States (CIS) airlines to buy about 960 new aircraft worth $90 billion over the next 20 years to upgrade the fleet of narrow-bod...
AirAsia is planning to list Thai Asia, which it owns 49% of, by the third quarter of 2011 to raise capital and expand its fleet size. Malaysia's AirAsia is planning to select investment banks by the e...
Kaiser Aluminum has agreed to purchase all of the assets of Alexco, a manufacturer of hard alloy extrusions for the aerospace industry. The deal, which will be funded by Kaiser’s cash reserves, is exp...
Wednesday trading was a good day for airline stocks, with gains of 2% led by US Airways Group and Gol Linhas Aereas. 11 out of 12 airlines in the NYSE Arca Airline Index made gains, with only Delta bu...
Financial management company, FMR, the parent company of Fidelity, has bought a 6% stake in Hawaiian Holdings, according to a filing with the US Securities and Exchange Commission. The deal, worth $18...
In August airlines in the US paid 9% more per gallon for fuel compared to the same period in 2009, according to the US Department of Transportation's Bureau of Transportation Statistics. Scheduled car...
Turkish Airlines (THY) is considering a new order for either 747-8 or A380s, according chairman Hamdi Topcu who spoke to media reporters this week. The airline is evaluating which aircraft to order, w...
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