Pakistan international Airlines (PIA) management, contrary to its extension plan submitted to the government wherein 42 more aircraft were to be procured, have agreed to shrink operations by signin...
The full year results announced by Boeing show the US manufacturer has met its delivery target for 2010 but the delays in both the 747 and 787 programs finally took their toll as customers cancel orde...
As Airbus celebrates a great A380 order (see APAC section) US airlines show that, even though bad weather may take the shine off of the recovery for most, passenger demand remains stronger than expect...
There is now strong support throughout Israel for the Tourism Ministry to join forces with Edward Winter, easyJet's former chief operating officer, to launch a new airline that will operate low-cost f...
Qantas has confirmed it is planning to build a biofuel plant in Sydney that will burn rubbish in an effort to power the airline's fleet with greener fuel. Qantas has joined with US fuel supplier So...
When we look back at 2010 it would be easy to mark it out as a year of change that provided airlines with possibly one of the best markets on record for future building Not only did premium travell...
The Seattle Times has claimed that Boeing's 787 Dreamliner program could be delayed for a further two years and run more than 20% over budget. Citing anonymous Boeing employees as sources, the US new...
French newspaper Les Echos has reported that European and US government representatives have reached an agreement on export credit. A compromise deal was reached on Friday that aims to give airline...
Garuda Indonesia, the country’s flagship airline, has finalised a debt restructuring plan with creditors in Europe, paving the way for an initial public offering. Elisa Lumbantoruan, Garuda’s finan...
Qatar Airways confirmed today that it is planning to launch an initial public offering (IPO) in early 2012. The confirmation comes after Akbar Al Baker, CEO, Qatar Airlines, stated on Saturday that he...
A final decision on the future of a new Aircraft-Sector Understanding (ASU) on export credit guarantees is expected imminently from the Organization for Economic Cooperation and Development (OECD)....
In a meeting yesterday morning Boeing confirmed that there has not yet been an agreement to extend loan guarantees. Kostya Zolotusky of Boeing Capital said there has been no agreement on extending sta...
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