Jet and Etihad complete deal
Jet Airways and Etihad Airways have finally inked the deal that sees the Middle East airline take a 24% stake in the Indian carrier. This deal marks the first foreign investment in an Indian airline. ...
Jet Airways and Etihad Airways have finally inked the deal that sees the Middle East airline take a 24% stake in the Indian carrier. This deal marks the first foreign investment in an Indian airline. ...
SKYMARK Airlines has signed a Flight Hour Services (FHS) components contract with Airbus covering support for 10 leased A330 aircraft from 2014. Under this long-term agreement, Airbus Customer Service...
AirAsia X has posted a 46% fall in its net profit to M$26.4 million ($8.32 million) for its third quarter ended 30 September. Revenue rose during the period however by 24% growth in revenue to M$601 m...
Vector Aerospace Corporation, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, has announced the establishment of a new engine facility at Singapore's Seletar...
Low-cost Thai carrier Nok Air has placed a firm order for two Q400 NextGen turboprop airliners and has also taken options for two additional Q400 NextGen aircraft, as well as purchase rights on four o...
Malaysian Airline System (MAS) has reported a net loss of RM375.4 million in the third quarter ended September 30 compared with a profit of RM37.1 million a year ago. Operating revenue rose 13% to RM3...
Tail Winds has sold a 7.89% stake in Jet Airways for over Rs 211 crore in the open market. Tail Winds used to hold majority of promoter shares till some months ago. Under the proposed deal with Etihad...
Singapore Airlines' (SIA) chief financial officer Chan Hon Chew has resigned to "pursue other career opportunities". Chan's resignation will take effect from 1 February 2014. ...
Qantas has claimed that Virgin Australia’s $350m equity raising launched last week gives the airline an unfair advantage in the aviation industry due to the influx of foreign-backed capital. Qantas ha...
Brindabella Airlines has withdrawn four of its 10 aircraft from service to ensure they are working properly. All the planes were twin-propeller Jetstream 41s, which carry up to 30 passengers. Several ...
Jagson Airlines intends to re-start operations shortly. The airline, which was originally cleared for operations in 2009, is reported to have appointed some crew members and engineers. However sources...
Garuda Indonesia’s low-cost subsidiary Citilink posted a net loss of $44.7 million in the first nine months of 2013. Operating revenue ended 30 September stood at $198 million while it made an operati...
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