Hainan Airlines and private equity firm Tianjin Yanshan Investment Management intend to launch China’s first private equity fund that invests in the aircraft leasing industry. Hainan Airlines will inv...
The Bahamian Civil Aviation Authority has warned Bahamians to take heed of the safety risks when flying with unauthorised charter operators following the crash of an Acklins Blue aircraft on Tuesday. ...
The US Transportation Department has indicated that it will approve antitrust immunity to US-Japanese alliances. The airlines being granted immunity are American Airlines and Japan Airlines, which are...
Delta Air Lines is undertaking more maintenance work for other carriers and is expanding its cargo business. This drive is all part of its goal to reach $1 billion in revenue from aircraft repairs, an...
Delta, American, Southwest, Air France-KLM and British Airways are among a group of airline that have joined in a protest against export credit subsidies for non-home countries that buy Boeing and Air...
UBS analysts have cut profit prediction for Westjet’s for 2010-2012 by 16% due to the airline’s “significant” expansion plans that could impact load factor expansion. However, the brokerage’s forecast...
Work on the expansion of Prince Muhammad bin Abdulaziz International Airport in Madinah, Sauid Arabia, is expected to start early next year. Financing for the multi-billion dollar site is being fought...
Air India, in the midst of a Rs.2,000 crore government bailout, could post a positive operating profit at the end of its annual year in March 2011. Even though the airline posted an operating loss of...
Kenya Airways staff have agreed to start industrial action next Wednesday following a vote by the Kenya Aviation and Allied Workers Union (AAWU) yesterday to strike over a pay dispute. The AAWU has wa...
Senior ministers at the UK Department for Transport have stated that the plan to build a new airport in the Thames estuary outside London is unlikely to go ahead unless an “innovative model” to financ...
At a Washington DC conference Saab Aircraft Leasing chief executive Michael Magnusson announced that he is evaluating extending the certificated hours on its Saab 340 fleet. At the US Valuation confer...
With passenger numbers higher than expected for September, EasyJet has raised its profits forecast to more than £150 million. The airline carrier carried 4.8 million people last month, an 8% increase ...
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