France owns more of Air France-KLM
The French government has increased its shareholding in Air France-KLM by 1.7% to raise its stake to 17.58%. The government has paid between €33.2 million-€45.9 million for up to 5.1 million shares. T...
The French government has increased its shareholding in Air France-KLM by 1.7% to raise its stake to 17.58%. The government has paid between €33.2 million-€45.9 million for up to 5.1 million shares. T...
Compared to the first quarter of 2014, Turkish Airlines (THY) sales revenue decreased by 4% in US dollar terms due to Euro depreciation, ending up with a total of US$2.219bn. Turkish Airlines disclose...
UK low-cost carrier EasyJet has posted a 112.9% increase in net profits for the first six months of 2015 earning £5 million and reversing a loss of £41 million in the same period in 2014. Revenue rose...
AirAsia group chief executive officer Tan Sri Tony Fernandes has stated that he could consider a new joint venture (JV) within the Asean region, although he stopped short of confirming in which countr...
HNA Group subsidiary, Tianjin Airlines, launched a new branch company in Xinjiang Uygur Autonomous Region on May 8, 2015. Tianjin Airlines' Xinjiang Branch is the third branch company of the airline f...
Cebu Pacific has rebranded its acquisition Tigerair Philippines as Cebgo. The airline’s new logo incorporates the Cebu Pacific colors to reflect the airline’s relationship with its parent company. Ceb...
Chinese carrier Juneyao Airlines is hoping to raise 715.5 million yuan by selling 68 million A shares in an initial public offering (IPO) on the Shanghai Stock Exchange, which launches next week. Proc...
Turkish Airlines has celebrated a milestone with the delivery of its 125th airplane purchased from Boeing – a Next-Generation 737-900ER – and one of 12 airplanes the Turkish flag-carrier will take del...
The Portuguese government has estimated that the 10-day pilot strike at TAP cost the airline around €35million. The Civil Aviation Pilots' Union, which is demanding a 20% in the privatized company, ha...
The number of airline passengers travelling within Indonesia rose by 13% during the first quarter of this year to 15.2 million, with international traffic declining by 3.54% to 3.2 million from 3.3 mi...
Following a recent tender process, Air India is reported to be close to an agreement for $300 million through an external commercial borrowing (ECB) for working capital in a three year deal from forei...
United Continental estimates that it will pay on average US$2.17 to US$2.22 per gallon of fuel for second quarter period, which includes the impact of cash-settled hedge losses. In April, the airline ...
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