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American Airlines Q3 Profit Up 87 Percent

October 23, 2014

American Airlines' third-quarter net income rose 87 percent to USD$942 million, buoyed by declining fuel costs.
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American Airlines Q3 Profit Up 87 Percent

JetBlue Airways Quarterly Profit Rises 11 Pct

October 23, 2014

JetBlue Airways reported an 11 percent rise in quarterly profit, as it flew fuller planes.
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JetBlue Airways Quarterly Profit Rises 11 Pct

S.Africa Would Consider Strategic Partner For SAA

October 23, 2014

South Africa would consider a strategic partner for struggling state-run airline SAA, the minister of public enterprises said, as the government looks for spending cuts.
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S.Africa Would Consider Strategic Partner For SAA

CSA To Get Korean Air Capital Boost

October 23, 2014

CSA Czech Airlines has received a commitment for financial support from its biggest shareholder Korean Air and from the Czech state.
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CSA To Get Korean Air Capital Boost

Singapore Still Going Down LCC Route With Tiger

October 23, 2014

Singapore Airlines is injecting more cash into Tiger Airways, illustrating its resolve to persevere in the low-cost segment after the budget affiliate bowed out of three regional markets.
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Singapore Still Going Down LCC Route With Tiger

Airport News

China Approves USD$24.5 Bln Airport, Rail Projects

October 22, 2014

China has approved construction of five airports and three rail projects worth CNY150 billion yuan (USD$24.5 billion), the latest move to speed up infrastructure projects to boost growth.
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China Approves USD$24.5 Bln Airport, Rail Projects

Aviation News

Alafco To Spend Additional USD$600 Mln On Aircraft

October 23, 2014

Kuwait's Aviation Lease & Finance (Alafco) plans to spend about USD$600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017.
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Alafco To Spend Additional USD$600 Mln On Aircraft

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