The International Air Transport Association’s quarterly business confidence survey states that even though profit margins continued to be squeezed in the second quarter, confidence has returned and so...
Passenger traffic for the second quarter at Cebu Air rose 15% thanks to increased demand from foreign travellers. The airline flew 3.1 million passengers from April to June – keeping the carrier on tr...
Air India is planning to raise $832 million (Rs 3,745 crore) to fund its 787 deliveries, the first of which arrives in October. The airline is hoping to get support from the US Export Import bank, wit...
Singapore Airlines has appointed Campbell Wilson as head of its new low-fare airline. Wilson, 40, has been with SIA Group for more than 15 years both in Singapore and abroad, will be founding chief ex...
Former Qantas chief pilot Chris Manning has been appointed as a safety adviser of Tiger Airways Australia. The move has been taken in an attempt for the airline to resume operations after it was groun...
South Korea’s prime minister Kim Hwang-Sik has urged Japan to drop its boycott of a Korean Air after it flew over the Dokdo islands, which are known as Takeshima in Japan, which are claimed by both na...
Singapore Airlines’ market value has increased 0.9% to S$14.54 on the news the carrier has appointed Campbell Wilson, who has worked at the airline for more than 15 years, as chief executive officer o...
Shares in Kingfisher Airlines were down 1.6% to Rs 39 as the airline continues to struggle to pay its fuel bills. Hindustan Petroleum Corporation refused to refuel Kingfisher planes on Monday due to n...
The Indian Group of Ministers (GoM), headed by Finance Minister Pranab Mukherjee, has approved in principle an additional equity infusion of Rs1, 200 crore for Air India as well as a payment of Rs532 ...
Hainan Airlines launched three new routes in the last week; two domestic and one international. On 11 July, the airline launched a route from Shanghai Pudong (PVG) via Ürümqi (URC) in northwestern Chi...
Air India is hoping equity provided by the government and the arrival of 27 Boeing 787 in October will help the troubled airline back to growth. The airline is seeking total equity support of Rs42,920...
Cebu Pacific Air has signed a six-year operating lease agreement with RBS Aviation Capital for two new Airbus A320 aircraft, to be delivered in March 2012. “These two leased A320 aircraft will further...
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