On a day yesterday when the USA decided to print huge amounts of cash sending global markets shooting up, shares in the British engineering group Rolls Royce were conspicuous in the extreme losing ...
Analysts predict oil prices to rise to $100 per barrel (/bbl) in 2012. Although prices have hovered around $75-85/bbl during the past 12 months, analysts expect a return to the price of oil trackin...
A Qantas A380 has landed safely in Singapore after one of its Rolls Royce Trent 900 engines exploded and aircraft/engine debris was showered on the Indonesian island of Batam where people reported ...
Alitalia posted a €39 million ($54.4 million) net profit for the third quarter from a €1 million profit for the same period last year. The airline carried 7.1 million passengers during Q3, up 11% o...
Jet Airways, India’s largest carrier by passengers, will cut debt by turning rupee loans into dollar-denominated loans. It will also raise money through the development of land it owns, and in a no...
The US secure flight programme begins today, and although passengers onboard flights subjected to these checks can be sure that the cabin is safe from a shoe bomber or the like it is now obvious th...
African carriers have reported a 16% growth in passenger seat demand in September 2010 over the previous September. This is set against a 10.1% increase in capacity. As a result, Africa’s airline ind...
Earlier this week an American Airlines 757 en route from Miami to Boston lost cabin pressure prompting the crew and 154 passengers to don oxygen masks about half an hour into the flight. The aircraft ...
Private aviation service provider Million Air Interlink has financed the $73 million refurbishment of three aircraft terminals through municipal bonds issued by two small Florida towns, Century and Gu...
The International Air Transport Association (IATA) has stated that although global passenger travel has grown in September, the pace of cargo traffic growth has slowed due to waning business confidenc...
Delta Air Lines confirmed yesterday that it will move ahead with orders for 18 Boeing 787-800s, but will delay the first of the deliveries until 2020. The airline said in an SEC filing that it had wor...
Air Malta’s losses this year are expected to be “much worse” than the €31 million deficit announced for the year ending March 2009. The airline is believed to be losing money even on its Germany route...
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