Carriers


  • Singapore : Tiger eyes new Asia/Oz routes

    Tiger Airways announced that its delegation at the recent World Route Development Forum in Kuala Lumpur would be in discussions with airports from Hong Kong, Taiwan, Cambodia and Australia as it seeks to extend its reach in the Asia-Pacific...... Read More
  • Alitalia

    Alitalia has sufficient liquidity to operate until the start of December, the Italian airline’s bankruptcy commissioner told trade unions recently, according to Reuters. Augusto Fantozzi also told the unions that he hoped to wrap up the sale of Alitalia...... Read More
  • Americas : Delta also slides into the red

    US carrier Delta – which is set to become the world’s biggest airline by traffic when the Northwest deal is completed – has reported a net loss of US$50 million for this year’s third quarter, compared to a profit...... Read More
  • Europe & CIS : S7 phases out Russian-built fleet to stay airborne

    Russia’s second largest carrier in terms of passenger numbers, S7 Airlines, plans to phase out the last of its 35 Russian-built aircraft, including 27 Tu-154s and eight Il-86s, due to lower passenger demand. S7 will reduce its maintenance costs...... Read More
  • China : China East books loss for Jan-Sept period

    China Eastern Airlines Corp Ltd said it expects to book a net loss for the first nine months of 2008 under Chinese accounting standards. The airline said in a statement to the Shanghai Stock Exchange that its operations had...... Read More
  • LTE Internationa

    Spanish airline LTE International has suspended all operations after informing Spanish authorities it was in serious financial difficulty. “LTE International Airways SA wish to inform you that due to the financial situation of the company… we have had to...... Read More
  • Americas : Northwest blames loss on fuel hedges

    Northwest Airlines reported a thirdquarter net loss of US$317 million, reversed from a US$244 million profit a year earlier, citing a US$410 million noncash charge related to fuel hedging as the reason. Third-quarter revenue rose 12.4 per cent to...... Read More
  • Europe & CIS : Russian gov’t proposals to help carriers

    The Russian government recently presented a series of proposals to help beleaguered airlines, including a suggestion from Transportation Minister Igor Levitin that tariffs on foreign aircraft leased by Russian carriers be abolished if additional domestic aircraft are leased as...... Read More
  • China : Asia-Pac airline association gives dire warning

    Some airlines will not survive the global economic slump, an industry association has warned in Singapore, with the next 12 to 18 months being “extremely difficult” for Asia-Pacific carriers. Passenger numbers are falling as Americans and Europeans curtail travel...... Read More
  • 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