Korean Air has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER (Extended Range) jetliners, valued at approximately $3.6 billion at current list prices. Boeing says it will w...
Air New Zealand has taken delivery of its first A320 equipped with fuel saving wing tip devices, or Sharklets, at a ceremony during the 50th Le Bourget Paris airshow. The aircraft was officially han...
GKN Aerospace is to open a new advanced engineering centre in Bangalore, India. The centre will commence operating in August, 2013 and will provide engineering resources to the company’s internatio...
Skymark Airlines (Skymark) has announced today it’s intent to select the Boeing 737 MAX as its next generation single aisle aircraft of choice, making it Japan's first airline to do so. Boeing state...
Nok Air, a low-cost carrier which had planned to list in 2011, is launching its shares on Thursday. Nok Air expects to raise Bt3.25 billion from its IPO of 187.5 million shares, priced at Bt26 each....
Gary Toomey, the former chief executive of Air New Zealand-Ansett, has been selected as chief executive of Jet Airways. Toomey, who has been chief executive of Papua New Guinea carrier Airlines PNG si...
The Federal Board of Revenue (FBR) has started serving notices on private and foreign airlines for the recovery of unpaid Federal Excise Duty (FED), which totals some Rs 2.3 billion deducted from inte...
Regional airline LIAT has started its fleet upgrade with the first new ATR 72-600 aircraft delivered today. This first ATR in LIAT’s fleet is being leased from the lessor GECAS (GE Capital Aviation S...
ST Aerospace has injected an additional $62,945,000 into the capital of its wholly owned subsidiary, ST Aerospace Engines Pte Ltd (STA Engines). This brings ST Aerospace’s total share capital contribu...
The High Court has approved a settlement under which Air New Zealand will pay a $7.5 million penalty for price-fixing in breach of the Commerce Act. The company is the last airline to settle with the ...
Local media reports have suggested that Pakistan International Airlines fleet has only 34 operational aircraft out of a reported fleet of 42 – although 13 of the 34 are reported to be parked in hanger...
A new Indian carrier Kairali Airlines is set to launch its operations on domestic routes on November 1. The company and its logo will be formally launched on June 15 in Kochi. The airline will start o...
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