KINGFISHER LOSSES REDUCED BY 45%
Kingfisher Airlines has reduced its losses by about 45%. It made a net loss of Rs 230.81 crore in the second quarter ending September 30, compared to Rs 418.77 crore in same period a year ago. However...
Kingfisher Airlines has reduced its losses by about 45%. It made a net loss of Rs 230.81 crore in the second quarter ending September 30, compared to Rs 418.77 crore in same period a year ago. However...
Bankrupt Japan Airlines has announced it plans to terminate contracts of up to 250 pilots and cabin attendants after its additional voluntary retirement program failed to meet its job reduction target...
Colombia agreed to liberalise US-Colombia air services for airlines of both countries and became the United State’s 100th Open-Skies partner. Once full Open Skies takes effect at the end of 2012, airl...
Official US figures from the Bureau of Transportation states that airlines earned $1.6 billion in the first two quarters for 2010 in baggage fees. Delta Air Lines earned the most of this lucrative rev...
Following a meeting with Japanese Prime Minister Naoto Kan at the Asia-Pacific Economic Cooperation forum in Yokohama, Japan, US President Barack Obama said the “open skies” aviation agreement signed ...
Apollo Aviation Group has raised $213 million for its Sciens Aviation Special Opportunities Fund from a broad array of domestic and international investors for its aviation fund, the Sciens Aviation S...
JetBlue Airways has announced it plans an alliance with Emirates Airline, the UAE carrier’s seventh interline partner. Passengers will be able to book a single itinerary travelling on both carriers’ n...
Rolls-Royce is busy preparing a replacement program for the component found to be defective on the A380 Trent 900 engines. The manufacturer will need at least 80 of the part, known as Module 51, to re...
Ural Airlines has opened a RUB310 million ($9.9 million) credit line with Sberbank. The facility is available to November 11, 2011 at 12.5% per annum. The airline expects to use the credit on working ...
The European Commission has relented and agreed to give Air Malta temporary financial assistance to keep it flying while a rescue and restructuring plan is agreed. The has authorised a €52 million loa...
A Lufthansa A380 flight aborted taxiing before takeoff from Frankfurt airport after the pilot requested a check on the aircraft’s undercarriage. Even though check confirmed nothing was amiss, passenge...
Tony Fernandes, CEO of Air Asia and Richard Branson, president of Virgin Atlantic placed a bet at the beginning of the 2010 Formula One season that the losing F1 team would serve drinks on the winner’...
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