LOT seeks Boeing cash
Polish airline LOT is due to file its recovery plan but it does not yet know when the 787 will resume flights and much of its hoped for return to profit depends on cutting operating costs and attracti...
Polish airline LOT is due to file its recovery plan but it does not yet know when the 787 will resume flights and much of its hoped for return to profit depends on cutting operating costs and attracti...
Portuguese TAP Airlines has posted a 3.1% increase in profit to €16 million in 2012, up from €3.1 million in 2011. This is the fourth consecutive year that the airline has posted positive results. TAP...
Aeroflot’s CEO Vitaly Savelyev is considering several options to launch a low-cost subsidiary. One option is to transform existing Donavia into a low-cost operation but it is encumbered with an old fl...
Lufthansa and labour union Verdi are meeting to discuss wage increases. Verdi wants increases of 5.2%, a profit-sharing scheme and job guarantees, however these demands come at the same time that Luft...
Alitalia net loss widened during 2012 from of €69 million to €280 million ($370 million), worsened from a loss of €69 million in 2011. Full-year revenue rose by 3.3% to €3.59 billion. Passenger number...
Air France-KLM Group chairman and CEO Jean-Cyril Spinetta has stated that Air France will not finalise a tentative agreement from September 2011 to order 25 Airbus A350 XWBs by the end of the first qu...
The Russian Ministry of Transport has prepared amendments for its air code that will allow Russian airlines to hire foreign pilots. Russian carriers will be able to hire up to 200 foreign captains and...
BAE Systems Regional Aircraft has won a contract for its rate-per-flying-hour aircraft spares support service from Eastern Airways, which covers a three-year support deal for the airline’s fleet of 16...
A small AN-24 aircraft carrying 45 passengers skidded past the landing strip and overturned in the eastern Ukrainian city of Donetsk on Wednesday. Four people were killed, two were injured and the fat...
Royal Air Maroc is the largest lessee exposure at 16.2% in GE Capital Aviation Services' $650 million asset backed securitisation (ABS), which closed in January. The top 5 lessees include Royal Air Ma...
Pre-tax profit at Rolls-Royce rose by 24% last year to £1.4bn driven by growth its civil aerospace unit. Revenues rose 8% to £12.2bn, while its order book up 4% at £60.1bn. "For the full year 2013, w...
Icelandair has announced a firm order for 16 737 MAX airplanes, valued at more than $1.6 billion at list prices. The order, originally announced as a commitment for 12 airplanes in December 2012, has ...
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