Air New Zealand first half profit up 133% 2010-3-1Airline Air New Zealand posted a strong rise in first-half net profit although it said operating conditions remained challenging, reported Dow Jones Newswires.
Hainan Airlines raises $440m via private placement 2010-2-26Hainan Airlines, China's fourth-largest carrier by fleet size, has raised US$440 million from a private placement to repay bank loans and replenish its working capital, reported Dow Jones Newswires.
EU probes state loan to Czech airline 2010-2-26The European Commission has launched an investigation into a loan worth US$127.7 million granted to national carrier Czech Airlines by a state-owned company, according to an EU executive, reported Reuters.
China Eastern in talks with airline alliances 2010-2-26China Eastern Airlines is in talks with Star Alliance and the other two global airline industry alliances as it moves to boost its profile, according to a senior company executive, reported Reuters.
Aircargo recovery in Asia Pacific rolls into 2010 2010-2-26The Asia Pacific rebound in international cargo demand seen in the fourth quarter of last year maintained its momentum in January.
$215.7m shot in arm for Air India 2010-2-26A consortium of banks led by Canara Bank is believed to have provided US$215.77 million as working capital to loss-making national carrier Air India, the BusinessLine newspaper reported.
Government wants Air India to cut staff wages 2010-2-25India's federal government has asked loss-making Air India to carry out massive salary cuts, even in the face of industrial unrest, while saying any financial assistance for the national carrier will be linked to a credible revival plan, the Economic Times reported.
European air travel hit by strikes 2010-2-25Travellers in Europe picked their way through flight disruptions on Tuesday as French air traffic controllers went on strike and Lufthansa tried to get its planes back into the air after a stoppage by pilots, reported Reuters.
Dubai airport cargo volumes soar 31.5% 2010-2-25Cargo volumes transported through Dubai airport were up 31.5 percent in January, against a year ago, while passenger traffic increased 17 percent, reported Reuters.
Chile's Cuetos to buy part of Pinera's LAN stake 2010-2-25Chile's Cueto family, which currently controls about 23 percent of LAN Airlines, agreed to buy 8.56 percent of the carrier from President-elect Sebastian Pinera, reported Dow Jones Newswires.
US airlines warns against increasing capacity 2010-2-25US airlines should be able to raise average fares and return to health provided no one adds lots of new flights, the chief financial officers of two top carriers said.
Iran will ban airlines not using the term 'Persian Gulf' 2010-2-24Iran has warned foreign airlines that they will be banned from flying into its airspace unless they use the term "Persian Gulf" on their in-flight monitors, as opposed to "the Gulf" or "the Arabian Gulf," the BBC reported.
China Southern may get cash injection 2010-2-24China Southern Airlines might obtain a US$220 million cash injection from its parent, reported Reuters.
BAA losses widen on pension charge, Gatwick sale 2010-2-24BAA, which runs London airports Heathrow and Stansted, posted a wider loss for the full year, fuelled by an increase in pension scheme deficits and losses from the sale of Gatwick Airport, reported Dow Jones Newswires.
BA braces for strike as Lufthansa gets relief 2010-2-24Lufthansa pilots in Germany agreed to suspend for two weeks a strike that grounded about 900 flights on Monday, just as rival British Airways' cabin crew voted to join the fray.
China Southern may get cash injection 2010-2-24China Southern Airlines might obtain a US$220 million cash injection from its parent, reported Reuters.
Philippine Airlines narrows nine-month loss to $40.2m 2010-2-23Philippine Airlines narrowed its net loss in the first nine months ended December 31 to US$40.2 million from $330.2 million a year earlier, helped by lower fuel costs, reported Dow Jones Newswires.
Lufthansa pilots begin four-day strike 2010-2-23Pilots at Germany's national carrier Lufthansa went on strike at midnight last night and airports across the world are bracing for major delays and disruptions.
JAL begins slow transformation 2010-2-23Japan Airlines chairman Kazuo Inamori has already begun breathing new life into the company since taking the helm on February 1 as he successfully convinces skeptical employees of the need for drastic reform with passion and sincerity, reported Nihon Keizai Shimbun.
Final Dreamlifter gets down to business 2010-2-23The fourth Boeing Dreamlifter - the final airplane in the fleet of specially modified 747-400s - entered service today.
