CALLS FOR NEW AIRPORT IN KENT, UK
Ex-Cathay Pacific executive John Olsen has called on the UK government to build a new £15 billion airport in the flatlands of north Kent to alleviate pressure on London Heathrow. Olsen, who also ran D...
Ex-Cathay Pacific executive John Olsen has called on the UK government to build a new £15 billion airport in the flatlands of north Kent to alleviate pressure on London Heathrow. Olsen, who also ran D...
Insight Investment £169.9m Diversified Target Return fund is targeting aviation funds in a bid to guarantee stable return profiles. Fund managers Steve Waddington and Mike Pinggera have invested in Do...
GE Capital Aviation Services (GECAS) has firmed up an order for two 747-8 Freighters and eight 777-300ERs (extended range) aircraft. At list prices, the order is valued at $2.9 billion. "We are please...
Croatia Airlines carried a record 227.791 passengers for the month of July – the most it has ever done so in a single month. Traffic was up 16% compared to July 2010. In the first 7 months of 2011, Cr...
Turkish Airlines is considering adding to its Indian network to add flights to Calcutta, Chennai and Hyderabad over the next two years. THY already flies to New Delhi and Mumbai. Temel Kotil, presiden...
German airlines are considering legal action to recoup the damage caused by the air traffic controllers’ union calling for a six-week strike to start yesterday but then calling it off on Wednesday aft...
FLY Leasing has announced it has entered into an agreement to purchase a $1.4 billion portfolio of 49 aircraft, increasing FLY’s total aircraft under operating lease to more than $3 billion. The aircr...
British Airways and Iberia parent company, International Consolidated Airlines Group (IAG), has reported a 3.5% increase in revenue passenger kilometres to 16.11 billion in July from 15.56 billion in ...
Turkish Technic signed an APS3200 APU repair services contract with SKY Airlines. Beginning this month, repair work will occur at Turkish Airlines’ facilities in Istanbul. ...
Commission Finance Minister Tonio Fenech has declared that a final decision to approve Air Malta’s restructuring plan will be likely by December. The restructuring plan was presented to the omission l...
The proposed €25 million deal between Flybe Group and Finnair joint venture, Flybe Nordic, to buy Finnish Commuter Airlines has been approved by the Finnish authorities and the deal is expected to clo...
Alitalia Group has reported a net loss of €94 million ($134.9 million) in the 2011 first half. However, this is a 43% improvement from the €164 million deficit incurred in the same period last year. H...
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