AIR CHINA BUYS STAKE IN TIBET AIRLINES
Air China has bought a 31% stake in Tibet Airlines for CNY86.8 million ($13.5 million). The government-owned airline bought the stake from Tibet Autonomous Region Investment Co., which originally hel...
Air China has bought a 31% stake in Tibet Airlines for CNY86.8 million ($13.5 million). The government-owned airline bought the stake from Tibet Autonomous Region Investment Co., which originally hel...
Singapore Airlines has reported an 82% slump in net income to S$44.7 million ($37 million) in the three months ended June. Shares fell as much as 9.3% on the news – the most on an intraday basis since...
An Asian Airlines 747 cargo aircraft, with two people on board, crashed into waters off South Korea’s southern resort island of Jeju on Thursday. The pilot reported a mechanical problem shortly before...
Engineers at Auckland’s domestic terminal have been inspecting a Jetstar A320 aircraft through the night after a burning smell was detected. The aircraft had just arrived from Christchurch and was in ...
The Indonesia’s government has ordered all airlines and airports to be ready for an imminent strike by pilots of the state-run Garuda Indonesia. Most of the 800 union pilots at Garuda plan to strike f...
Singapore Airlines has reported that the engine on one of its Airbus A380s shut down minutes after takeoff on Monday from Singapore bound for Hong Kong and had to return to the airport. The aircraft w...
International Lease Finance Corporation has completed an agreement to lease six new 787-8 aircraft and two new 787-9 aircraft plus two new 787-9 aircraft options to Thai Airways. All the leases are fo...
Grounded over safety concerns five weeks ago, Tiger Airways now expects to resume operations in Australia on August 6. The Civil Aviation Safety Authority is expected to lift the ban next Monday. The ...
Tibet Airlines has commenced operations with the flight of its one aircraft, an A319, from Lhasa to Ngari. The airline plans to offer four services a day connecting Lhasa, Ngari and Chengdu, in Sichua...
Shanghai-based Spring Airlines posted net income of CNY160 million ($24.8 million) in the 2011 first half, down 6.3% from a net profit of CNY170 million in the year-ago period. Spring’s operating reve...
Singapore Airlines and Transaero have reached a codeshare agreement under which SIA’s code will be placed on Transaero flights from Moscow to Ekaterinburg, Novosibirsk, Samara and St. Petersburg. Tran...
Bowing to pressure from foreign competition, Qantas is expected to cut more than 10 major international routes in August. The Australian flag carrier has been unable to compete with Asian competitors,...
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