Qantas Chief Executive Officer (CEO) and Managing Director, Alan Joyce, received a 15% pay rise this year, notching up his pay scale from $1.98 million to $2.27 million as per Qantas annual report. Du...
Gold Coast Airport, based in Queensland, Australia, has opened its new $260 million terminal for commercial use, although the phased expansion to continue towards next month. The terminal will be open...
Indian aviation is seeing a steady rise in passenger traffic and will hit the pre-COVID levels soon, despite strong tailwinds, Investment Information and Credit Rating Agency of India (ICRA) has forec...
Malaysia has a potential demand of over 150 new aircraft and over 100 new routes as per the latest Embraer report. The demand for 150 aircraft is for aircraft with a seating capacity of under 150 seat...
Qatar Airways and Virgin Australia have entered into a new strategic partnership expanding their network and throwing open over 150 travel destinations covering extensive Qatar and Virgin Australia ro...
GE Aviation has opened an $8 million state-of-art facility in Brisbane Airport to provide maintenance, repair, and overhaul (MRO) services for customers across the Asia-Pacific region. This facility w...
A four-year-old space tech startup company from India, Skyroot Aerospace, has raised $51 million in a Series-B financing round. This is by far the biggest funding round ever in the Indian space-tech s...
China Express Airlines recently opened a brand-new hangar as a part of its phase II expansion plan in the southwestern Chinese city of Chongqing. Located at the northern end of Chongqing Jiangbei Inte...
The rebound in post-pandemic air travel was a welcome relief for the aviation industry, but the excitement was short-lived as air travel chaos continued to plague airline operators. Late flights, canc...
Dark clouds continue to hover above India’s low-cost carrier (LCC) SpiceJet. Earlier this week, SpiceJet posted a net loss of INR 789 crore for the second quarter, despite a relatively positive Indian...
Avation has completed the delivery of one ATR 72-500 to Yeti Airlines on operating lease. With this delivery, Avation has entered Nepal’s market with Yeti Airlines as their launch customer. With the a...
Air China and Rolls-Royce have entered into a 50-50 Joint Venture (JV) to develop new maintenance, repair, and overhaul (MRO) facility. The new facility will be called BAESL (Beijing Aero Engine Servi...
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