QANTAS OUTLOOK CUT BY MOODY’S
The outlook on Qantas has been cut to negative by Moody’s following its warning that rising oil prices could hit airlines’ credit ratings. Although analysts held Qantas at a buy after its latest effor...
The outlook on Qantas has been cut to negative by Moody’s following its warning that rising oil prices could hit airlines’ credit ratings. Although analysts held Qantas at a buy after its latest effor...
Air China confirmed yesterday that its 2010 net profit rose 150% to 12 billion yuan ($1.8 billion) from 4.9 billion yuan in 2009 on the back of a 63% rise in ticket revenues. Operating revenue was up ...
Low-cost carrier IndiGo Airlines has stated it will add 14 more aircraft to its fleet and recruit 1,500 people under its expansion plan for the next financial year. "In the next financial year, we are...
Qantas Airways has announced it is cutting key routes to Japan and New Zealand, retiring aircraft and cutting a number of management positions. A severe drop off in demand is blamed for the cut in rou...
CAE and China Southern Airlines have announced they are expanding their joint-venture aviation training centre in Zhuhi, China, to include two addiitional CAE full-flight simulators, one for the Boein...
Air India is considering freezing pay rises and additional allowances to employees until the process of its merger with Indian Airlines has been completed. Arvind Jadhav, chairman and managing directo...
Willie Walsh, International Airlines Group’s chief executive, has indicated in an interview with CNN that the airline group would consider investing in Japan Airlines when it returns to the stock mark...
Delhi Police have issued a lookout notice against three pilots and a flying instructor for allegedly forging marksheets to procure pilot licences. The pilots Swaran Singh Talwar of MDLR, and Syed Habi...
Royal Brunei Airlines begins its four times weekly services to Melbourne tomorrow. The flight operates to Melbourne on Tuesday, Wednesday, Friday and Saturday using B777 equipment. The maiden flight w...
Japan Airlines is reducing the number of flights to Honolulu because of fewer passengers flying to Hawaii in the aftermath of the tsunami. The airline says it will cut its 21 weekly flights down to 14...
Philippine Airlines (PAL) management has reassured passengers that contingency measures are in place to keep its operations normal should PAL Employees Association (PALEA) stage an illegal strike. PAL...
A Qantas flight from the Philippines to Sydney yesterday was forced to land in Cairns after a cockpit fire. Small flames on the flight deck of the Airbus A330-200, were initially put out by the automa...
We're Social