Pakistan International Airlines (PIA) has asked the government for $1.7 billion to help it stave off bankruptcy. The money is part of a five-year restructuring plan that promises cutbacks and an impro...
The Indian Central Board of Excise and Customs (CBEC) has issued show-cause notices to Kingfisher Airlines for not paying service tax related to their sponsorship of the Indian Premier League (IPL). K...
Indian low cost carrier GoAir is in the process of raising $100 million to fund its aircraft acquisition programme. The airline is in talks with financial institutions and a deal is expected to be agr...
Debt-ridden Kingfisher Airlines has received preliminary approval from lenders for a debt restructuring plan to cut interest costs. The airline, which owes more than Rs 6,000 crore, is being restructu...
China Airlines (CAL) has introduced new daily services linking Taipei and Kaohsiung to Tokyo. Two daily flights between Taipei-Songshan and Tokyo-Haneda airports will make travel between Taiwan and Ja...
Air India has transferred its domestic operations to Terminal 3 at Delhi International Airport before it becomes fully functional at the end of the week. Kingfisher and Jet Airways however are claimin...
Singapore Airlines (SIA) has reported a second-quarter net profit of 380.2 million Singapore dollars ($295.4 million), compared to a net loss of 158.8 million dollars in the same period a year ago. To...
Firefly, a wholly-owned unit of Malaysia Airlines (MAS), is planning to add up to 30 B737-800s to its fleet by 2015 to expand into more regional markets. These aircraft are separate from the 35 737-80...
Singapore Airlines (SIA) has stated that it will replace an engine in each of three of its Airbus A380s after inspections found oil stains in them. The remaining eight engines in its A380 fleet were f...
The 30 737-800 aircraft ordered by SpiceJet will be fitted by the all-new Boeing 'Sky Interior'. The new interior is characterised by modern, sculpted sidewalls and windows besides larger stow bins ne...
ST Aerospace has won around S$370 million worth of new maintenance contracts in the third quarter of this year. The airframe contracts include heavy maintenance checks, passenger-to-freighter convers...
BOC Aviation, the lessor owned by the Bank of China, is reported to be considering issuing offshore yuan bonds in Hong Kong, as well as bonds denominated in Hong Kong dollars and yen. A report in the ...
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