Bangkok Airways confirms IPO in 2013
President of Bangkok Airways, Puttipong Prasarttong-Osoth, has confirmed that the airline will issue an initial public offering (IPO) next year. The 10 billion baht the airline hopes to raise will sup...
President of Bangkok Airways, Puttipong Prasarttong-Osoth, has confirmed that the airline will issue an initial public offering (IPO) next year. The 10 billion baht the airline hopes to raise will sup...
From 1 December 2012, Singapore Airlines customers will be able to fly to the Greek cities of Athens and Thessaloniki through a codeshare agreement with Star Alliance partner Aegean Airlines. Under th...
Emirates Airline has signed up for Hewlett-Packard’s new ElitePad and will equip its 1,000 cabin crew with the new device, which will be released to the market in January The airline will run Knowled...
The agreement provided for 15 previously ordered Boeing 737-800 Next Generation aircraft to be purchased by ILFC from American and immediately leased back to American under a sale-leaseback financing ...
WestJet's new regional service, WestJet Encore, will launch next year and its CEO Gregg Saretsky says by offering “more rational pricing” on routes currently only served by Air Canada, it will serve t...
Virgin America has reported a net loss of $12.6 million during the third quarter, compared to the $3.3 million net loss posted during the same period last year. The San Francisco-based carrier’s opera...
Turkish Airlines (THY) has selected GE's CF6-80E1 engines to power its fleet of 15 firm Airbus A330-300 aircraft. Delivery will begin next year. THY has also signed a 12-year OnPoint solutions agreeme...
Turkish Airlines (THY) has ordered 15 GE90-115B-powered Boeing 777-300ER aircraft with options for five additional aircraft. Delivery will begin in 2014. THY has also signed a long-term OnPointSM solu...
Monarch Aircraft Engineering (MAEL), the aircraft maintenance provider, has announced plans to significantly expand its operations with a new 110,000 sq. ft state-of-the-art maintenance facility, crea...
In the first nine months of 21012, Turkish Airlines increased its sales revenue by 30% to 11.2 Billion TRY and recorded 1.08 Billion TRY operating profit. Net Profit increased by 655% compared to pre...
During the 12 months to 30 September 2012, easyJet earned £317 million in profits before tax – a rise of 27.9% over last year. The low-cost airline’s pre-tax profit margins grew by 1 percentage point ...
In a new restructuring plan for Iberia presented by Willie Walsh, chief executive of International Airlines Group, the Spanish airline is to shed 4,500 jobs. Walsh said that “there have been far too m...
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