Citra Marga Nusaphala Persada, a private toll road operator, has offered to buy control of Merpati Nusantara, a state- owned airline operator in Indonesia, for Rp 800 billion ($82 million). The attrac...
K.G. Vishwanath, vice president of commercial strategy at Jet Airways, has let slip in an analyst call that the airline plans to order more aircraft in preparation to better compete with AirAsia India...
Avianca has launched its new unified "Avianca" brand that will supplant those of TACA Airlines, Aerogal and Tampa Cargo. Avianca Holdings CEO Fabio Villegas said: "The single commercial brand represen...
Avianca TACA halts five nonstop flights to Costa Rica. This has led to the loss of 261 employees. Flights between San José and Los Angeles, New York, Havana, Quito and Guayaquil have all been eliminat...
Polish LOT Airlines has submitted an amended restructuring plan to the Treasury Ministry, which assumes granting the company additional financial support. The plan will now be sent to other ministries...
In a bid to consolidate Russian carriers, Aeroflot could acquire one of its smaller competitors, such as Transaero, UtAir, or Sibir. Officials states that negotiations are in progress and the preferen...
Shareholders in Jet Airways have approved an agreed sale of a 24% stake in the airline to Etihad Airways. However, the Indian airline has deferred seeking shareholder approval for a new set of "Articl...
LATAM Airlines Group has reported an operating income of US$114.2 million for first quarter 2013, a 149.8% increase compared to the US$45.7 million pro forma operating income in first quarter 2012. Op...
Both runways were closed at Heathrow Airport this morning after a British Airways A319 made an emergency landing on the North runway after an engine failure thought to be caused by a bird strike. All ...
Fuel costs have impacted AirAsia quarterly profits and the carrier reported its first drop in profit in five quarters. Net income fell 39% to 104.8 million ringgit ($35 million) in the three months en...
The Indian Finance Ministry has questioned the rationale behind Air India’s plan to trim its 27,000-strong workforce by offering a voluntary retirement scheme (VRS). The scheme will cost Rs 1,200 cror...
The Times of India has reported a rumour that Gulf carriers Qatar Airways and Air Arabia are keen to follow Etihad’s lead and invest in Indian airlines. The newspaper reports that Qatar Airways is see...
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