Air France-KLM has led cuts in fuel hedging by Europe’s airlines during the third quarter, fuel prices headed for the first annual decline in six years.AFI-KLM reduced the value of the jet fuel it hed...
The Russian government has announced that it has held meetings to discuss the possibility of launching an airline that will be structured in order to service the Crimea region without violating the cu...
Aerospace IT software providers Volartec have announced that Island Transvoyager Inc. (ITI Air) is to be the launch customer for its Alkym Management and Control System for Aircraft Maintenance in Sou...
Monarch Airlines parent company Monarch Group, has confirmed it is undergoing a strategic review of all aspects of its business.The reforms are being overseen by newly appointed chairman Roy McNulty, ...
Nordic Aviation Capital has announced the appointment of Bill Rossi as VP Sales and Acquisitions based out of its Singapore office.Rossi previously served as Sales Director Asia Pacific.NAC Chairman M...
AerCap Holdings N.V. has announced that its adjusted net income was $212.4 million for the second quarter of 2014. Adjusted earnings per share were $1.29 for the second quarter of 2014, an increase of...
China's $653bn sovereign wealth fund, China Investment Corp (CIC), is in talks to buy Dublin-based aircraft lessors Avolon for between $4bn and $5bn including debt.CIC has joined forces with state-own...
Heathrow Airport Holdings (previously BAA) is to sell off its portfolio of Aberdeen, Glasgow and Southampton airports.HAH has issued a statement which said that the Group was “formally entering a sale...
Lufthansa and its subsidiary Austrian Airlines have suspended flights to Irbil in Kurdish Northern Iraq until further notice.Lufthansa had previously suspended flights to Irbil last week due to safety...
An Air France aircraft, with 178 people aboard, made an emergency landing in Lagos on Sunday after a faulty indicator showed a nosewheel tyre pressure fault. The Nigerian Civil Aviation Authority (NCA...
Anton Khodakovsky has been appointed as Volga Dnepr Group’s Vice President for Japan and South Korea.Khodakovsky will be responsible for developing the Group’s cargo strategy in Japan and South Korea ...
Edinburgh Airport has recorded its greatest number of passengers during summer, with more than 1.1 million passengers travelling through the airport during July, which is a 1.8% increase on July 2013....
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