VIRGIN BLUE SHARE PRICE UNDER PRESSURE
A perfect storm of natural disasters, bad weather and soaring fuel prices was blamed for an expected pre-tax loss of $80 million by Virgin Blue yesterday. As a result shares in the group comprising V...
A perfect storm of natural disasters, bad weather and soaring fuel prices was blamed for an expected pre-tax loss of $80 million by Virgin Blue yesterday. As a result shares in the group comprising V...
The US Federal Aviation Authority (FAA) says that it will issue an airworthiness directive (AD) today calling for 737NG operators to start periodic inspections of the thrust reverser assemblies. The m...
The cascade of crises in Japan was threatening to cause major disruptions to the country’s aviation market from the outset over a week ago but with the ongoing radiation leak taking centre stage in...
A French judge has filed preliminary manslaughter charges against Airbus over the death of 228 people killed when an Air France flight from Rio de Janeiro to Paris crashed in the Atlantic Ocean on Jun...
Wataniya Airways based in Kuwait and launched in 2009, has halted all operations due to heavy losses and deteriorating security in the region they announced yesterday. “The board has decided to cease ...
Air India: in the red, unable to purchase fuel in advance and spending far more than can be said to be sustainable, but its priority is ensuring it can afford the delivery of the 787s it has on order....
Airline equipment manufacturer Honeywell’s new Phase 3 Display Units (DUs) reportedly blanked out during a test because of interference from an onboard wi-fi network. The DUs blanked out while they we...
While the Air india management has been claiming that they are turning around the country’s national carrier, the truth is that the airline earns Rs 36 crore a day from its operations, while it spends...
ILFC has signed a Memorandum of Understanding for 100 A320neo-family aircraft, comprising 75 A320neo and 25 A321neo types. ILFC becomes the first customer for the A321neo, the largest member of the A3...
Boeing and Air China today signed an agreement for the purchase of five 747-8 Intercontinentals. Air China is the first Chinese carrier to contract the passenger version of the new 747-8. The agreeme...
The soaring cost of jet fuel has significantly added to the misfortunes of the majority of airlines in India. Indian lenders are reported to be closely monitoring the health of the country’s airlines ...
Brazil’s civil aviation authority, ANAC, has approved the planned merger between TAM of Brazil and Chile’s LAN with no restrictions, giving a huge boost to their aim of creating Latin America’s larges...
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