PIA approved to dry lease 15 aircraft
The Pakistani Economic Coordination Committee of the Cabinet has approved the release of the first tranche of $16.46m in equity for PIA which will enable the airline to acquire 15 aircraft on dry leas...
The Pakistani Economic Coordination Committee of the Cabinet has approved the release of the first tranche of $16.46m in equity for PIA which will enable the airline to acquire 15 aircraft on dry leas...
AirAsia X, the long haul affiliate of Asia’s largest low cost airline, has placed a firm order with Airbus for 55 A330neo aircraft. This is the largest single order to date for the best-selling A330 F...
Despite the news that the government would assist SpiceJet, its share price slid by nearly 8% on Friday on the Bombay Stock Exchange (BSE). SpiceJet has confirmed to the government that it is due to r...
Jentayu Danaraksa Sdn Bhd is proposing to help Malaysia Airlines (MAS) stablise its financial position by owning its aircraft via a plane-leasing plan. Managing director Feriz Omar said that the compa...
The chief executive of PT Garuda Indonesia Tbk, Emirsyah Satar, has resigned as expected. He indicated some months ago that he would step down after helping to repair the flag carrier’s image and res...
Bangkok Airways (PG) and Garuda Indonesia (GA) recently announced the commencement of their two-way codeshare agreement on Bangkok Airways' selected flights in Thailand. The codeshare routes are alrea...
Delta TechOps—Delta Air Lines’ (NYSE: DAL) maintenance division and its maintenance, repair and overhaul (MRO) provider business—opened a line maintenance hangar at its Tokyo-Narita International Airp...
China Aircraft Leasing Group (CALC) has entered into a memorandum of understanding (MOU) with Harbin municipal government to undertake an aircraft disassembly project in northern China. The Chinese ai...
AirAsia X will cut direct flights between Kuala Lumpur and Adelaide after the final flight on January 25. The airline said that the route has not been profitable, and in light of difficult trading con...
Trading in shares of Malaysian Airlines (MAS) will be suspended from December 15, when the 6-billion-ringgit ($1.8 billion) restructuring process for the beleaguered airline begins. Majority sharehold...
On December 1, 2014, China Southern Airlines closed the financing of one A321-200 bearing MSN 6366. The aircraft was financed using a French lease combined with a commercial loan. Crédit Agricole CIB ...
It has been revealed that Jetstar Japan’s first international destination will be Hong Kong from Osaka Kansai International Airport. The Airbus A320 service will be daily from Osaka Kansai, beginning ...
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