Korean Air’s bid for KAI stake fails
Korean Aerospace Industries has rejected a bid by Korean Air to buy a stake worth KRW1.05 trillion ($926 million) even though the airline was the only bidder. KAI shareholders will now need to decide ...
Korean Aerospace Industries has rejected a bid by Korean Air to buy a stake worth KRW1.05 trillion ($926 million) even though the airline was the only bidder. KAI shareholders will now need to decide ...
From October 11, Alaska Airlines will fly direct to San Diego from Orlando International Airport five times a week. The airline has operated out of Orlando since 2003 and is the 15th largest commercia...
Brazilian airline Gol Linhas Aereas has had its corporate credit rating downgraded by Standard & Poor’s Ratings Services to 'B' from 'B+' and the airline has been removed from CreditWatch negative. S...
Ethiopian Airlines is poised to take delivery of one 777F – the first African carrier to do so. Ethiopian Airlines will receive its first B777 Freighter aircraft on September 19, 2012 from Boeing at E...
Kenya Airways has confirmed that 126 out of 600 targeted employees have agreed to accept voluntarily redundancy as part of its plan to reduce costs. A temporary ban on job cuts at the carrier was rec...
British Airways has signed up for a new passenger revenue accounting solution devised by Amadeus that will modernise and fully automate its revenue accounting processes from 2014. "The removal of pape...
EuroLOT has converted options on six Bombardier Q400 NextGen aircraft to a firm order. The carrier now has 14 Q400s on order. ...
SkyWork Airlines plans to add nine routes to 34 destinations to its network during the 2013 summer season. Routes include Brindisi, Djerba, Mykonos, Malta, Neapel, Zadar and Zakynthos. The airline wil...
to operate flights to Moscow from London. The airline is in talks with three London airports as potential locations for the route. The route is being contested however with both British Airways and Vi...
Low fare UK carrier Jet2.com will cease flights between Blackpool and Jersey due to low demand on September 17. The airline has blamed the terrible summer weather for the fall off in demand. Ian Doubt...
Following a walk-out yesterday Lufthansa cabin crew, represented by the UFO union, have declared that they will strike throughout Germany on Friday for a full 24 hours. Yesterday, only Frankfurt, Muni...
Turkish Airlines (THY) has reversed last year’s loss of TRY544 million into a net profit of TRY164 million ($90 million) during the first half of this year. The airline had posted a loss during the fi...
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