Cathay Pacific H1 results worse than expected
Cathay Pacific has reported its H1 profit as lagging behind estimates, citing competition with Middle East carriers and mounting losses from affiliates.The airline reported net income as increasing fo...
Cathay Pacific has reported its H1 profit as lagging behind estimates, citing competition with Middle East carriers and mounting losses from affiliates.The airline reported net income as increasing fo...
Virgin America reported a $37 million net profit for the second quarter, quadrupling the airline’s $8.9 million net income recorded during Q2 2013. The successful second quarter offsets the carrier’s ...
US-based charter operator Dynamic Aviation has established a joint venture in Mauritania aimed at passenger and cargo transport, medevac services and geophysical survey. Dynamic initially intends to o...
Oman Air has announced it will reroute all its flights around Iraqi airspace as a result of the escalation in the conflict there between militants loyal to the Islamic State (IS) and Iraqi and Kurdish...
Abu Dhabi Airports has announced a 19.4% increase in passenger traffic at Abu Dhabi International Airport (AUH) during the first half of 2014, compared to the same period in 2013.The airport’s latest ...
Monarch Airlines parent company Monarch Group, has confirmed it is undergoing a strategic review of all aspects of its business.The reforms are being overseen by newly appointed chairman Roy McNulty, ...
India’s Central Bureau of Investigation (CBI) is conducting a probe into why a INR9.5 billion loan from the IDBI bank to the grounded Kingfisher Airlines was approved when the airline was already carr...
Jet Airways India Ltd. has announced it will close its budget airline subsidiaries in a bid to return to profitability.According to Chairman Naresh Goyal, the airline will close its Jetlite and JetKon...
Tata SIA Airlines has announced that its New Delhi-based startup will be called “Vistara”, with the carrier scheduled to start operations in October.“‘Vistara’ is derived from a Sanskrit word and impl...
The management of Malaysian Airlines System (MAS) has informed its 19,755 employees that the airline’s impending restructuring will be far more comprehensive than previous efforts.In a meeting with re...
Air Arabia has reported its Q2 2014 results in which the Sharjah-based carrier reported a second-quarter net profit of AED173 million ($47 million), which is an increase of more than double compared t...
South African regional carrier Cemair has signed a deal to acquire 16 Bombardier CRJ200s from US airline Delta in order to expand both its domestic and international operations. The deal means Cemair...
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