Travel Services gains new investor
China's sixth largest private company CEFC China Energy Company has bought a 10% share in Travel Service, operator of airline Smartwings and the second-largest shareholder in Czech Airlines after Kore...
China's sixth largest private company CEFC China Energy Company has bought a 10% share in Travel Service, operator of airline Smartwings and the second-largest shareholder in Czech Airlines after Kore...
It has been widely reported based on information from union sources that Air France is considering cutting 10% of its long-haul network by 2017 unless pilots accept cost-cutting changes to their work ...
China’s Anhui Province is preparing to create two new local airlines: Hefei Airlines and Haifu Airline. Hefei Airlines, created in 2013, is the result of an agreement between Joy Air and Hefei Municip...
As expected, investors in JetStar Hong Kong have all decided to stop investing funds since the delay in approving the airline in Hong Kong drags on. Qantas, China Eastern Airlines and Shun Tak Holding...
Boeing is projecting a demand in China for 6,330 new airplanes over the next 20 years. Boeing’s annual China Current Market Outlook (CMO) estimates the total value of those new airplanes at $950 billi...
Aergo Capital has financed two new 737-900ER (Extended Range) aircraft for Jakarta based Sriwijaya Air by sale and lease back. This is the first all-new airplane delivery for Sriwijaya Air, Indonesia’...
New Chinese carrier Ruili Airlines is planning on building a fleet of 56 aircraft by the end of 2025. The plan was confirmed by the airline’s president Ma Zhanwei to local media. The airline’s current...
Air New Zealand and Air China have agreed to codeshare on services between New Zealand and China – the new alliance has been approved by the airlines’ respective governments. Under the alliance the tw...
AirAsia India posted revenue of INR1.15 billion although it has reported a net loss of INR441.5 million. Traffic during Q2 was 332 million RPKs with capacity of 398 million ASKs. AirAsia India’s passe...
AirAsia Berhad has posted a 43.7% fall in second-quarter net profit to MYR243 million ($64.3 million) compared to the same period last year. The airline has blamed the steep fall on unrealized foreign...
Hong Kong Airlines and Air Mauritius have entered into a new codeshare agreement where Hong Kong Airlines will place its "HX" code on Air Mauritius' twice-weekly direct flights between Hong Kong and M...
China Southern is planning to issue up to 14 billion yuan in super short-term commercial paper in one or more batches. The airline plans to apply to National Association of Financial Market Institutio...
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