Air China and Air Macau are to increase there fuel surcharges from the start of December to US$27.50 from US$25 per passenger to offset increasing jet fuel costs. ...
Cathay Pacific Airways, has received approval from the Civil Aviation Department of Hong Kong to levy an increased passenger fuel surcharge form December. Cathay will raise its surcharge for short-hau...
Skymark Airlines, the Japanese low cost carrier purchasing Airbus A380s, jumped 8.4% to 919 yen in trading today after the airline said it expects to capture good market share flying business travelle...
A French delegation representing 15 aerospace-related companies will be in the United Arab Emirates this week to discuss potential cooperation, exchange of expertise, and future contracts. The visit h...
The Dutch government has been given permission to loan €19.7 million ($14.5 million) to NG Aircraft by the European Union for the development of the Fokker Next Generation, an updated version of the F...
Share in aircraft seat manufacturer took a tumble after engine manufacturer Safran announced it decided not to make an offer to buy the company. Share in Zodiac fell 6.3% to €48.62, while shares in Sa...
Air India has reported a net loss of 55.5 billion rupees for 2009/10 as it was not able to capitalise on higher load factors due to an increase in depreciation and interest charges. The net loss fo...
The reversal in fortunes for US carriers in recent months has buoyed the market is airline stock, with bullish trading seen in Delta Air Lines and United Continental Holdings stock. Options on the ...
Co-op Bank has partnered with Kenya Airways to finance its pilots training program. Under the “Ab Initio” program, trainee pilots will receive loans from Co-op bank to facilitate the training. Co-o...
Montenegro’s Deputy Finance Minister, Ivan Petrovic, has announced that Etihad Airways, El Al Israel Airlines and Arkia Israel Airlines, have purchased the documents in a tender to buy 30% of Monten...
US-based investment firm Capital Research and Management Company (CRMC) has sold shares in Air France-KLM this week, which has dropped its stake to 9.99%, below the 10% regulatory threshold, said Fr...
Private aviation company, NetJets has launched NetJets Direct FinancingTM, an in-house, one-stop financing option through NetJets Finance LLC offering speedy payment for private jet travel. NetJets di...
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