ALC places one new 777 with KLM
Air Lease Corporation has announced a long-term lease agreement with KLM for a new Boeing 777-300ER aircraft, which is scheduled for delivery in March 2015. Additionally, ALC and KLM reached agreement...
Air Lease Corporation has announced a long-term lease agreement with KLM for a new Boeing 777-300ER aircraft, which is scheduled for delivery in March 2015. Additionally, ALC and KLM reached agreement...
Southwest Airlines has reported a record first quarter operating revenues of $4.1 billion, with a net income of $59 million and operating income of $70 million. Excluding special items, net income was...
The Gulf Air Trade Union (GATU) is threatening to strike unless Gulf Air halts a major restructuring plan that includes 1,800 job losses. The airline has cut 15% of its workforce at the end of Februar...
Emirates Airline plans to develop five residential towers in Dubai Silicon Oasis (DSO), where many of its hundreds of staff are housed. Emirates will begin construction of the towers in the third quar...
Low-cost airline Fastjet expects to start flights in South African from May 31. The airline has agreed a 25:75 partnership with South African investment company Blockbuster. Tickets for the initial ro...
Aer Lingus has reported a 3.3% increase in revenue for the first quarter of 2013 to €259.7 million, although the airline’s operating loss grew by €9.4 million to €45.5 million compared with the first ...
The Croatian government intends to sell a stake in state-owned carrier Croatia Airlines, which has been surviving on government subsidies to keep it flying. When Croatia joins the European Union on Ju...
Air Seychelles, today announced that it has entered into a codeshare agreement with South African Airways (SAA). The first phase of the agreement will see South African Airways place its “SA” code on ...
Garuda Indonesia and Indonesia AirAsia (IAA) both plan to increase flights from Medan, to connect the North Sumatra’s capital city with major and secondary cities in the country and major tourist dest...
This week the board of Jet Airways, India’s second-largest airline by passengers carried, is set to consider and approve the proposal for selling a 24% stake to Etihad Airways for more than $300 milli...
THAI Board of Directors has stated that the proposal for the creation of the Thai Airways International subsidiary, THAI Smile Airways, has been sent to the Office of the Permanent Secretary of the Mi...
Singapore Airlines has agreed to acquire another 9.9% of Virgin Australia in a move that will increase its stake to 19.9%. The strategic stake will be acquired through the purchase of shares held by t...
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