Moody's has downgraded Qantas Airways from Baa2 to Baa3because of high fuel prices and strong competition. The significance of this is that the new rating is Moody's lowest investment-grade rating. ...
The Indian Directorate General of Civil Aviation (DGCA) has deregistered two Kingfisher Airlines turboprop aircraft for nonpayment of lease rentals. The German bank leasing the planes, KfW IPEX-Ba...
Most of the US airlines have posted results now and all have seen profits cut back sharply due to the rise of fuel costs. Airline fares have risen enough to take-up much of this additional cost, but...
Buried in the news below this editorial comment are a number of stories that alludes to the importance of air travel for migrants working abroad. Air Arabia for example is growing very fast indeed on ...
The National Assembly Standing Committee on Defence has initiated probe into the issue of Indus Airlines, rumoured to be owned by President Zardari’s sister Faryal Talpur. The decision was taken on Mo...
The Australian Competition and Consumer Commission (ACCC) alleges that AirAsia did not include all taxes, duties, fees and other charges in the display of some airfares. The ACCC said that businesses ...
Korean budget airline Jin Air has been granted an extension of its temporary permit to fly the Incheon-Kalibo route until next month. Airphil Express’ petition to fly the same route was denied however...
Cebu Air, operator of low-cost carrier Cebu Pacific, has borrowed $150 million to $160 million from foreign banks to part finance its order for four A320s to be delivered later this year. “We borrowed...
Virgin Australia will use a two-class 737 on its new Sydney-Darwin service commencing on April 2, 2012. The route will connect through to Singapore on a new Silk Air service from Darwin. Virgin Austra...
Singapore Airlines (SIA) has temporary removed some A380s from operation while it checks for wing cracks following the directive issued by European Aviation Safety Agency to inspect the A380s within s...
From March 1, Garuda Indonesia will reduce daily flights from Jakarta to Amsterdam, via Dubai, from seven to four times a week. The airline has reduced the number of flights due to the deterioration i...
Fair Work Australia (FWA) has ruled on a new enterprise bargaining agreement (EBA) that will end the dispute between Qantas and its unions. The agreement contains employment terms and conditions mutua...
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