Etihad ups Virgin Australian stake
On Sunday, Etihad Airways bought 221 million shares in Virgin Australia increasing its stake in the airline to 10%. Etihad had owned 5% in the Australian airline but was allowed to increase it to 10% ...
On Sunday, Etihad Airways bought 221 million shares in Virgin Australia increasing its stake in the airline to 10%. Etihad had owned 5% in the Australian airline but was allowed to increase it to 10% ...
The flight attendant strike led by the Independent Flight Attendant Organization (UFO) has caused Lufthansa passengers to be stranded across Europe. The UFO strike began on Friday for eight hours tha...
Aegean Airlines has posted a first-half net loss of €38.5 million ($48.3 million) – this is 94% worse than the €19.8 million loss posted during the same period in 2011. Revenue fell by 9% to €269.4 mi...
Air France is planning to combine its three subsidiary airlines – Brit Air and Regional and French partner carrier Airlinair – into a single regional brand as part of its restructuring plan. The new b...
International Airlines Group (IAG) has confirmed that it has signed a non-disclosure agreement (NDA) with American Airlines as it is interested in taking a stake in the restructured carrier, which co...
New figures out from the International Air Transport Association (IATA) show that global air passenger and freight traffic growth slowed in July. The only month-on-month growth was displayed in Afric...
The Indian Supreme Court has refused to stay a government order to increase royalty charges from private airlines for ground handling. A petition filed by Federation of Indian Airlines claims that st...
Visiting German Chancellor Angela Merkel and Chinese Premier Wen Jiabao today presided over a grand gathering of some 1,000 people in Tianjin to celebrate the completion of the 100th A320 Family aircr...
Air India has extended to September 7 the last date for lenders to offer it a bridge loan of $500 million. The deadline was set for August 24. The loan is needed to finance the purchase of four 787, t...
A Shenzhen Airlines flight en route to Shenzhen from Xiangyang was diverted Thursday night to Wuhan shortly after takeoff after receiving threatening information after takeoff. The aircraft, an A320, ...
Chief executive of Virgin Australia, John Borghetti, says the airline hopes to make a decision on new, fuel-efficient aircraft in the next 12 months but it has yet to issue a request for proposals fro...
Pakistan International Airline (PIA) is poised to post losses again for the last quarter of financial year 2012-13. In the first quarter of 2012, which ended March 31, PIA load factor declined from 75...
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