COURT APPROVES JAL RESTRUCTURING PLAN
The restructuring plans submitted by Japan Airlines have been approved 10 months after the airline filed for bankruptcy protection. Now JAL is free to implement the plan, its workforce will be cut ...
The restructuring plans submitted by Japan Airlines have been approved 10 months after the airline filed for bankruptcy protection. Now JAL is free to implement the plan, its workforce will be cut ...
Government officials are urging Garuda Indonesia to postpone its initial public offering (IPO) to prevent a potentially low sales price. "It [the IPO] must be delayed until we consider it sound in ...
Air India has revealed it does not have the finances to pay for salaries of its employees beyond March. Senior management have briefed the civil aviation ministers on the dire situation and warned ...
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
One of Cathay Pacific’s 747-400 aircraft was forced to make an emergency landing in Kazakhstan after the cabin lost pressure. The Hong Kong-bound aircraft landed at Karaganda airport in central Kazakh...
An Air New Zealand aircraft was forced to return to Wellington International Airport shortly after take-off when the crew smelled smoke in the cabin. The aircraft landed safely with no injuries. Engin...
Aviation group 1time has announced it had raised R65 million in new capital through the sale of a 25% stake to two black economic empowerment (BEE) groups, Mtha Aviation and SKMT Sunrise Investment Gr...
The Australian minister for tourism John Rau has expressed his delight that Malaysia Airlines was increasing the number of weekly flights into Adelaide from Kuala Lumpur from four to six in March 2011...
Four people were killed when an Ilyushin IL-76 aircraft crashed seconds after takeoff in Karachi on Sunday. The Russian-built aircraft had been bound for Khartoum with eight people on board. It is not...
Qantas resumed limited A380 services on Saturday but on Sunday one of the airline’s 747 aircraft bound for London via Bangkok, was delayed after an engine issue. CEO Alan Joyce defended Qantas's handl...
Although the Indian Directorate General of Civil Aviation (DGCA) had requested Air India to maintain crew strength of 16 of its US-bound flights, the airline is alleged to be in violation of that orde...
Analysts have stated that the view on Kingfisher Airlines is bearish because the airline still looks unattractive from a valuations perspective. With fuel prices expected to continue to rise, this out...
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