Chief executive of Virgin Australia, John Borghetti, says the airline hopes to make a decision on new, fuel-efficient aircraft in the next 12 months but it has yet to issue a request for proposals fro...
Pakistan International Airline (PIA) is poised to post losses again for the last quarter of financial year 2012-13. In the first quarter of 2012, which ended March 31, PIA load factor declined from 75...
China Eastern Airlines first-half profit has fallen by 65% due to falling passenger demand, higher fuel prices and foreign exchange losses. The company reported a fall in profits to 806.9 million yuan...
Air New Zealand has forecast that it is in line to double its pre-tax profit to $182 million in the current financial year. Rob Fyfe, the airline’s outgoing CEO, said the bullish outlook was based on ...
Southwest Airlines has announced that its Senior Vice President of Finance and Chief Financial Officer, Laura Wright, has advised the airline of her decision to retire. Gary Kelly, Southwest's Chairma...
Some 211 Trans World Airlines flight attendants have been recalled. The attendants were placed on furlough following the Sept. 11, 2001, terrorist attacks. American Airlines bought TWA just months bef...
United Airlines has release a five month schedule for its "temporary" 787 Dreamliner domestic schedule. United’s 787 domestic Dreamliner schedule will begin on November 4, starting with a 7:25 a.m. de...
Aerolíneas Argentinas has officially joined SkyTeam, becoming the alliance’s first South American member. The membership to SkyTeam is part of the airline’s long-term restructuring plan, which includ...
Nigeria has been classified a high-risk nation by aircraft lessors since the fatal Dana Air crash in June. As a result, lessors have raised lease rates on aircraft to Nigerian airlines by over 40%, wh...
Channel Islands airline Blue Islands will begin weekly flights between the Channel Islands and Chambery, near the French Alps, from this winter. The service will operate every Saturday from Guernsey v...
Meridiana-Air Italy has announced that it will be cutting its Verona-Bari and Milan Linate-Bari services from September 16. The merged airline took the radical step in protest at what its claims that ...
A creditor group, which together hold around $600m of AMR bonds, formed of Carlson Capital, Claren Road Asset Management, Cyrus Capital Partners, Litespeed Management and Pentwater Capital Management ...
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