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 ...
Willie Walsh, chief executive of International Consolidated Airlines, the company formed by the merger of British Airways and Iberia, has indicated the group would consider adding a low cost discou...
As the Middle East civil unrest continues, European airlines have been hit by a rising oil price and been required to cancelled flights to Libya. Futures for April delivery in New York rose by nearly ...
With Chicago once more under a blanket of snow and freezing conditions closing many airports across the Eastern US, airlines could be forgiven for considering buying snow hedges – yes hedges not sl...
A new cable car crossing over the Thames in London from the 02 Arena to the Royal Docks has received full planning permission and local authority agreement, but it was only yesterday, three years a...
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