Shares of Kingfisher Airlines and Jet Airways have both risen on the news that the Department of Industrial Policy and Promotion (DIPP) has writing to the aviation ministry requesting foreign airlin...
Deutsche Bank has emerged as the front-runner to offer an $850 million (Rs. 4,200 crore) loan to Air India to fund the delivery of 27 Boeing 787s, As an alternative, the cash-strapped flag carrier h...
The management of Philippine Airlines (PAL) has warned its former employees against staging protests in front of the PAL Inflight Center building that hampers the flow of PAL’s business. PAL Presid...
ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China, has signed a memorandum of understanding with CFM International for CFM56-5B engines to power its new A320 aircraft...
Qantas members of the Transport Workers Union of Australia have voted to take further industrial action due to a lack of progress in negotiations with the airline. The union warned the airline that if...
Philippine Airlines (PAL) is cutting flight frequencies – 12% of its international network – to cut costs and it is also planning to cut 2,600 jobs with some services outsourced to third party supplie...
Tiger Airways says for the three months to September 30 it expects to post a net loss that is "markedly larger" than the S$20.6 million (US$15.6 million) loss posted in the first quarter this year. Fo...
The competition regulator has given the green light to Qantas's proposed alliance with American Airlines on trans-Pacific routes, allowing the two carriers to work together on pricing, marketing and f...
Australia and Japan have signed an open skies aviation agreement that will allow Australian carriers fly into smaller Japanese airports. The deal allows unlimited flights between the two countries, in...
A co-pilot for Japanese airline All Nippon Airways came close to flipping the aircraft he was flying after pushing a wrong button ANA has confirmed. The Japan Transport Safety Board said in a report i...
Go Airlines is adding add six new flights across three new routes from October 8. The new routes will increase GoAir's network to 21 destinations across India, with 588 weekly flights. The airline wil...
Kingfisher, unable to secure meaningful investment pledges after a two-year roadshow has this week bowed to the inevitable: cut back aspirations, cut back low cost plans and pump more of that beer mon...
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