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Wing Part Definitely From MH370

September 3, 2015

Wing Part Definitely From MH370

The piece of wing found on the shore of Reunion Island in the Indian Ocean has been formally identified as part of the wreckage of Malaysia Airlines flight MH370.


Bohai Leasing To Buy Avolon For USD$2.5 Bln

September 3, 2015

Bohai Leasing To Buy Avolon For USD$2.5 Bln

Irish aircraft leasing firm Avolon has agreed to be acquired for about USD$2.5 billion by Bohai Leasing, a unit of Chinese aviation and shipping conglomerate HNA Group.


Boeing Books 27 Aircraft Order From Jet2

September 3, 2015

Boeing Books 27 Aircraft Order From Jet2

Boeing has booked an order for 27 737-800s, worth about USD$2.6 billion at list prices, from UK airline Jet2.com.


PAL To Shed 117 Jobs In Non-Core Services

September 3, 2015

PAL To Shed 117 Jobs In Non-Core Services

Philippine Airlines is laying off 117 domestic ground crew, or about 2 percent of its total staff strength, in November to focus on its core operations for sustaining profitability.


easyJet Upbeat After Late-Summer Demand

September 3, 2015

easyJet Upbeat After Late-Summer Demand

easyJet has raised its full-year profit outlook after record demand for beach and city breaks showed the British low-cost airline was more than meeting a challenge from Ryanair.



FAA Names Two To Lead On Drone Policy

September 2, 2015

FAA Names Two To Lead On Drone Policy

The US Federal Aviation Administration has named two officials to lead its effort to incorporate commercial unmanned aerial systems, or drones, into the US airspace.


Air Djibouti Sets Sights On Air Freight

September 2, 2015

Relaunched national airline Air Djibouti, now managed by a company run by the frontman of heavy metal band Iron Maiden, is looking to remake itself as an Africa-wide air freight service.


Kenya Airways Gets USD$240 Mln In Loans

September 2, 2015

Kenya Airways Gets USD$240 Mln In Loans

Kenya has provided a KES4.2 billion shilling (USD$40 million) loan to loss-making Kenya Airways, while African Export-Import Bank has approved a USD$200 million bridging loan for the airline.


Lufthansa CEO Defends Hard Line On Strikes

September 2, 2015

Lufthansa CEO Defends Hard Line On Strikes

Lufthansa chief executive Carsten Spohr defended the airline's hard line on strikes after pilots' union Vereinigung Cockpit (VC) threatened further walkouts in a row over retirement benefits and cost cuts.


Awaiting US Avalanche, Cubans Hit The Beach

September 1, 2015

Awaiting US Avalanche, Cubans Hit The Beach

Cubans are flocking to the beach in record numbers before a possible end to the US travel ban that would open the gates to American tourists and bump up prices.