Air India: in the red, unable to purchase fuel in advance and spending far more than can be said to be sustainable, but its priority is ensuring it can afford the delivery of the 787s it has on order....
Airline equipment manufacturer Honeywell’s new Phase 3 Display Units (DUs) reportedly blanked out during a test because of interference from an onboard wi-fi network. The DUs blanked out while they we...
While the Air india management has been claiming that they are turning around the country’s national carrier, the truth is that the airline earns Rs 36 crore a day from its operations, while it spends...
ILFC has signed a Memorandum of Understanding for 100 A320neo-family aircraft, comprising 75 A320neo and 25 A321neo types. ILFC becomes the first customer for the A321neo, the largest member of the A3...
Boeing and Air China today signed an agreement for the purchase of five 747-8 Intercontinentals. Air China is the first Chinese carrier to contract the passenger version of the new 747-8. The agreeme...
The soaring cost of jet fuel has significantly added to the misfortunes of the majority of airlines in India. Indian lenders are reported to be closely monitoring the health of the country’s airlines ...
Brazil’s civil aviation authority, ANAC, has approved the planned merger between TAM of Brazil and Chile’s LAN with no restrictions, giving a huge boost to their aim of creating Latin America’s larges...
“Kenanga Investment Bank Berhad on behalf of the board of directors of Transmile, wishes to inform that the company had on 2 March 2011 submitted an application to Bursa Securities to appeal against B...
Mexicana de Aviacion suffered a major setback yesterday when the private equity group that had secured agreements for a restructuring failed to come up with the capital to buy the shares from the curr...
Airlines continue to order new fuel-efficient aircraft that can see them through this decade as soaring oil prices have sent airline stocks into a tailspin across the globe in recent weeks. Oil will g...
Airlines have criticised the coalition government in the UK for slow progress in reforming the controversial Air Passenger Duty (APD). Concerns are growing in the airline industry that promised reform...
Crude breaches $119 in frantic trading! Brent crude had breached $119 a barrel during a period of frantic trading around 0745 GMT as industrial needs were hedged and traders exploited an explosion ...
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