Delta president Edward Bastian, speaking at a conference in the US yesterday, confirmed that the Atlanta-based airline is set to reduce its debt by $7 billion over a three-year period. Fuel costs r...
Jet Airways (India) Ltd, India’s largest airline by passengers carried, reported an 11.7% increase in net profit for Q3, traditionally a peak season for Indian domestic airlines. Jet Airways report...
Having lost out in 2010 to an unwavering Willie Walsh, the unions now look to underhand guerrilla-style tactics aimed at causing British Airways maximum damage. We have said it before and we will ...
The following cable provides us with a rare insight in to the dealings behind closed doors from March 2010 when it is clear that the UK/Spanish governments assisted the antitrust immunity negotiati...
There are multiple reports coming from within Chile that top antitrust authorities have suspended the merger between Chilean airline LAN and Brazilian airline TAM. The daily newspaper La Tercera ha...
Improving business travel on the back of the recovering global economy helped United Continental and US Airways top Wall Street profit estimates this week sending both airline stocks about 7% highe...
In an ominous sign for the future under the European Union’s ETS scheme as carbon dioxide emissions from European passenger airlines rose 2.6% to 171.6 million metric tons last year. Emissions were...
The Finance Bill 2011 published by the Irish Minister for Finance last week proposes a number of amendments to Ireland’s structured finance and securitisation framework, which is contained in Secti...
Garuda’s high guide price for its initial public offering has been raising concerns with investors, which is leading some to suggest that the airline might raise far less than the $1 billion it hop...
ILFC is gearing up to make its first aircraft order since 2007. The aircraft leasing unit of insurer American International Group is in active talks with aircraft manufacturers regarding a possible...
Domestic air traffic in the Philippines is expected to more than double to over 40 million passengers in less than 10 years, one of the country's major airlines said today. The rise of low-cost ca...
Air New Zealand (ANZ) has been buying up Virgin Blue shares in a bid to get to the maximum 14.99% ownership that would take the airline to its limit of 49% foreign ownership. The problem for ANZ is...
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