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...
In a bid to offset the onward march of the Gulf carriers, Lufthansa and Turkish Airlines are discussing ways to cooperate more closely. The two airlines may expand existing code-share agreements or br...
Indian Finance Minister P Chidambaram has suggested that the government may be open to tweaking FDI norms in the aviation sector to attract investment. He said: “What is there to tweak, we have allowe...
The Australian Transport Safety Bureau (ATSB) has determined that pilots on a Tiger Airways aircraft used incorrect altitude information and the airline had an inconsistent safety management system, w...
The UB Group, the promoter of Kingfisher Airlines, will infuse fresh funds into its grounded carrier from its own coffers and through a strategic international investor, according to press reports cit...
Air New Zealand has bought 49.1 million Virgin Australia shares to retain its ownership stake at 19.99%. The move was prompted by Singapore Airlines joining the shareholder register to buy a 10% stake...
Aerolineas Argentinas is considering both the A350-900 or the 787-9 for a replacement to its A340-A330 fleet. Guillermo Rudaeff, vice-president of business development and alliances at Aerolineas, con...
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