The United Bank of India has ruled the grounded Kingfisher Airlines and chairman Vijay Mallya as “wilful defaulters”.Deepak Narang, executive director of UBI, said: "We have declared Kingfisher Airlin...
Azerbaijani cargo operator Silk Way Airlines has taken delivery of both of its two B747-8 Freighters from Boeing. The first aircraft was delivered last week and the second delivered this week.Zaur Akh...
A volcanic eruption in Papua New Guinea on Friday has caused an alteration to flight paths in the vicinity.Mount Tavurvur on East New Britain Island shortly before dawn, according to a statement from ...
Thai regional carrier Nok Air has announced the delivery of its first Q400 NextGen turboprop at Bombardier’s facility in Toronto, Canada, where the aircraft is manufactured.The aircraft is the first Q...
Virgin Australia has reported losses of AU$356 million (US$333 million) in its last fiscal year, which is a three-fold increase over the previous year.The results for the year through June 2014 follow...
Malaysian sovereign wealth fund Khazanah Nasional has released a 12-point restructuring plan aimed at redeveloping Malaysian Airlines and eventually returning it to profitability.The restructuring pla...
Singapore Technologies Engineering Ltd (ST Engineering) has announced the appointment of Dr Beh Swan Gin as an independent and non-executive Director of the Company with effect from 1st September.Beh ...
New Indian startup Air One is seeking $2bn-worth of aircraft to equip its fleet. CEO Alok Sharma told Indian media that the airline is looking at acquiring either A320s or B737s, with an initial requi...
Hainan Airlines has posted a 69.78% drop in first-half net profit to CNY148.2 million, as a weakening Chinese yuan impacted earnings at all the country's airlines.Core revenue grew 2.92% to CNY15.47 b...
Japan Airlines and Mitsubishi Aircraft Corporation have signed a Letter of Intent (LoI) to order 32 Mitsubishi Regional Jet (MRJ) aircraft, in an order worth ¥150bn ($1.4bn). JAL stated it plans to de...
IATA has called on the Vietnamese government to work with the air transport sector to strengthen the country’s economy through global air connectivity. IATA identified three broad strategic areas to f...
BOC Aviation has placed an order with CFM International for 160 engines, following its order for 80 B737s on 25th August.The agreement with CFM includes 100 LEAP-1B engines for its 50 B737 MAX 8 aircr...
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