Hawaiian's parent company, Hawaiian Holdings, has signed a letter of intent to acquire turbo-prop aircraft "with the aim of establishing a subsidiary carrier to serve routes not currently in Hawaiian'...
AMR Corp., the parent of American Airlines, has reported a second quarter loss of $241 million. The bankrupt airline has been hit by reorganisation costs, legal and consultants’ fees that added up to ...
The air operators certificate (AOC) for AeroSur has been withdrawn by Bolivian authorities after being grounded since May 18. Debts led the airline to reduce its fleet and services from February but i...
Comair has acquired the first of three brand new Boeing 737-800s in a landmark transaction that saw Investec Aviation Finance as lead arranger and advisor. In November 2010 Investec financed the pre...
The Public Enterprises Minister of South Africa, Malusi Gigaba, has asked the auditor-general to help reconstruct SA Express' financials. The airline was forced to withdraw its financial statements fo...
Iberia is planning to increase flights to Accra, Ghana from just two flights a week to daily flights. Angel Valdemoros Llorens, director, Ventas International, operators of Iberia Airline, said at the...
Lufthansa is reducing capacity on its flights to and from Tel Aviv in a bid to boost profitability. The German airline will cut seat capacity by 15% on flights to and from Israel by switching to A321 ...
Aer Lingus chief executive Christoph Mueller has said he has institutional investors lined up to take a stake of up to 10% should the Government release its 25% stake onto the open market. Mueller dou...
Etihad has received approval from the Australian federal government to boost its stake in Virgin Australia to 10%. This comes despite hard lobbying from Qantas against the move. Etihad said in a state...
Airbus and GMF AeroAsia (GMF), the maintenance and repair subsidiary of Garuda Indonesia, have signed a memorandum agreement for Maintenance Training Collaboration to develop a 10-year strategic partn...
Inmarsat has announced that SwiftBroadband™ will be deployed as the satellite backbone for in-flight internet services on two airlines in the Asia Pacific region. Japanese carrier ANA will deploy Swif...
Jetstar Japan and Hong Kong Aviation Capital (HKAC) have finalised a lessor purchase and lease agreement involving four A320-200 aircraft on June 29, 2012. The first of the four aircraft is scheduled ...
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