Wizz Air to invest in Budapest operation
Wizz Air has stated that it will invest HUF25bn ($100m) into expanding its Budapest operations filling some of the void left by the collapse of Malev). Wizz said it will add two Airbus A320s on a Bu...
Wizz Air has stated that it will invest HUF25bn ($100m) into expanding its Budapest operations filling some of the void left by the collapse of Malev). Wizz said it will add two Airbus A320s on a Bu...
Czech finance ministry seeks bidder confirmation by June The Czech Finance Ministry has confirmed that all bids for Czech Airlines (CSA) must be in within the first half of 2012. This public announc...
Asian airlines are pulling back their fuel hedging strategies owing to weak Asian prices of jet fuel in the fourth quarter. Oil price has been depressed due to the European debt crisis and the slip ...
Oil worries, we all have them and already this week and throughout last year we have spoken about the possibility of spikes and the certainty of increases, as well as the benefits of fuel hedges for...
Singapore Airlines, second in the Aviation 100 airlines poll to Emirates, has reported that net profit in its fiscal third quarter fell 53% from the same period last year, a fifth straight quarter...
Moody's has downgraded Qantas Airways from Baa2 to Baa3because of high fuel prices and strong competition. The significance of this is that the new rating is Moody's lowest investment-grade rating. ...
The Indian Directorate General of Civil Aviation (DGCA) has deregistered two Kingfisher Airlines turboprop aircraft for nonpayment of lease rentals. The German bank leasing the planes, KfW IPEX-Ba...
Spanish carrier Spanair ceased operations on Friday (January 27) when Qatar Airways pulled out of months of negotiations to take over the loss-making airline and the Catalonian government refused an...
Most of the US airlines have posted results now and all have seen profits cut back sharply due to the rise of fuel costs. Airline fares have risen enough to take-up much of this additional cost, but...
With a population of 1.3billion people, which is predicted to continue to grow until 2030, the Chinese government is concerned with how it is going to continue to feed its people. China has only 7% ar...
Buried in the news below this editorial comment are a number of stories that alludes to the importance of air travel for migrants working abroad. Air Arabia for example is growing very fast indeed on ...
The National Assembly Standing Committee on Defence has initiated probe into the issue of Indus Airlines, rumoured to be owned by President Zardari’s sister Faryal Talpur. The decision was taken on Mo...
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