• Qantas

    Qantas has admitted its guilt to illegally fixing air cargo freight surcharges to the Australian competition regulator. The airline agreed to pay a A$20 million fine and apologised “unreservedly” for illegally ramping up its freight charges in concert with...... Read More
  • Americas : Continental slides into the red, defers deliveries

    Continental Airlines yesterday reported a third-quarter net loss of US$236 million, reversed from a US$241 million profit a year earlier. The carrier also announced that it has pushed back delivery of 18 aircraft scheduled to arrive over the next...... Read More
  • Europe & CIS : Turkish Air plans 75 aircraft purchase

    Turkish Airlines moved forward with its fleet renewal despite the uncertain airline environment, recently announcing its intention to place an order for 25 widebody and 50 single-aisle aircraft plus 10 widebody and 10 narrowbody options. Requests for proposals will...... Read More
  • China : Aeroflot and China Southern codeshare

    From the launch of the winter flight schedule 2008/2009 SkyTeam alliance partners Aeroflot and China Southern are offering a new connection Urumqi – Moscow – Urumqi. China Southern operates the shared flights three times a week on a Boeing...... Read More
  • Emirates

    Emirates president Tim Clark expressedconfidence that his airline will post a profit in the current financial year ending31 March, “but maybe we won’t be asprofitable as we might like,” he said. Clarksaid EK will take delivery of new aircraft...... Read More
  • Americas : Extraordinary gains save American

    Juxtaposed against loses at its US counterparts, American Airlines posted a third-quarter profit of US$45 million thanks to extraordinary gains that held back the flood of red ink. The Fort Worth, Texas-based airline’s income was buoyed by a US$432...... Read More
  • Europe & CIS : Alitalia saga may be near a conclusion

    The long-running saga over the future of Alitalia looks like it may be finally nearing a resolution, with an Italian 16- strong consortium, named CAI and led by Roberto Colaninno, poised to take over. The final piece in the...... Read More
  • China : Okay Air to be first carrier to operate MA60

    The 50/60-seat turboprop’s other customers are from Latin America, Africa and elsewhere in Asia. The aircraft has received 136 orders so far. China’s first LCC, Okay has increased its focus on the regional market in recent years and last...... Read More
  • Norwegian

    Norwegian reported a NOK414.4 million (US$59.1 million) profit in the third quarter, more than five times greater than the NOK76.3 million posted in the year-ago period, which it called its “best result” in its six years as an independent...... Read More
  • Americas : United posts huge 3Q loss on fuel and slowdown

    Stung by nearly US$1 billion in higher jet fuel costs, United Airlines’ parent UAL has reported a third-quarter net loss of US$779 million. The airline said the loss was due to high fuel prices during the quarter and accounting...... Read More