Air NZ increases stake in Virgin Australia
Air New Zealand has increased its stake in Virgin Australia by up to 5% to a maximum 19.99%. The airline stated it would ensure that it did not breach the 49% foreign ownership cap. Air NZ, which is 7...
Air New Zealand has increased its stake in Virgin Australia by up to 5% to a maximum 19.99%. The airline stated it would ensure that it did not breach the 49% foreign ownership cap. Air NZ, which is 7...
Jetstar is selling limited $7 fares today to promote its new Wellington-to-Queenstown route in a bid to further breach Air New Zealand's hold on the domestic market. Jetstar is also opening up a twice...
Singapore-listed low cost carrier Tiger Airways Holdings said it has signed a deal to buy a 33% equity stake in Indonesia's PT Mandala Airlines. The restructured airline is due to fly soon after the a...
Swiss International Airlines has denied claims from the Indian government that it 'violated' a vital clause called the substantial ownership and effective control, mandated under the bilateral air ...
Shares of Kingfisher Airlines (down 4.61%), SpiceJet (down 2.77%) and Jet Airways (down 2.76%) declined as a weak rupee heightened concerns about its impact on operating costs of airline companies. ...
A bird strike has forced a Qantas A330 aircraft heading from Perth to Melbourne to turn back soon after take-off. The aircraft landed safely at Perth's domestic airport nearly an hour after take off...
The International Air Transport Association (IATA) says Indonesia is poised to become one of the fastest growing markets for the airline industry despite the current financial crisis. “The potentia...
Virgin Australia chief John Borghetti has reiterated that the company has a strong case for its alliance with Singapore Airlines, which is yet to be approved by the Australian Competition and Consum...
Eight flights will be affected today as Qantas prepares for a one-hour strike by aircraft maintenance engineers in Melbourne. The airline will close its heavy maintenance facilities in Brisbane and ...
AirAsia will only start equity accounting its share of profits from Thai AirAsia (TAA) and Indonesia AirAsia (IAA) when the unrecognised losses at the carriers have been reversed. However analysts e...
International airline alliance SkyTeam has invited Air India to become a member. Both the SkyTeam and oneworld alliances have approached the Indian carrier following Star Alliance’s decision not to ...
The Australian Competition and Consumer Commission (ACCC) has approved Qantas Airways’ proposed alliance with American Airlines. The Commission states the partnership between the two carriers will n...
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