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Airbus, China Aircraft Leasing Discussing 100-Plane Order

October 31, 2014

Airbus is in talks with China Aircraft Leasing for a potential USD$9 billion - USD$11 billion order for about 100 A320s, French daily Le Figaro reported.
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Airbus, China Aircraft Leasing Discussing 100-Plane Order

Virgin Galactic Test Flight Ends In Fatal Crash

October 31, 2014

A passenger spaceship being developed for Richard Branson's Virgin Galactic company crashed during a test flight on Friday near the Mojave Air and Space Port in California, killing one pilot and seriously injuring the other.
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Virgin Galactic Test Flight Ends In Fatal Crash

Portugal Scrambles Jets To Intercept Russian Bombers

October 31, 2014

Portugal scrambled fighter jets on Friday, the second time this week, to intercept Russian bombers in international air space along its coast in a new sign of Russian activity next to NATO's southern borders.
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Dutch Team Recovers Human Remains From MH17 Site

October 31, 2014

A Dutch team took advantage of a pause in fighting between government forces and pro-Russian rebels in eastern Ukraine on Friday to recover human remains from the Malaysia Airlines MH17 crash site.
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Dutch Team Recovers Human Remains From MH17 Site

Spirit AeroSystems Profit Up 79 Percent

October 31, 2014

Spirit AeroSystems, which makes parts for Boeing and Airbus, reported a 79 percent rise in quarterly profit and raised its full-year profit forecast.
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Spirit AeroSystems Profit Up 79 Percent

Garuda Indonesia CEO To Step Down

October 31, 2014

Emirsyah Satar will step down as chief executive of Garuda Indonesia within months after a decade during which he helped repair the image of the Indonesian flag carrier and restructure operations.
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Garuda Indonesia CEO To Step Down

IAG Third Quarter Profit Up 30 Percent

October 31, 2014

IAG reported a 30 percent increase in third-quarter profit to EUR€900 million and raised its forecast for the year.
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IAG Third Quarter Profit Up 30 Percent

Expedia's Third-Quarter Profit Jumps 50 Percent

October 30, 2014

Expedia reported robust third quarter earnings as strong hotel bookings boosted the company's profit by more than 50 percent.
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Expedia's Third-Quarter Profit Jumps 50 Percent

Four Dead, Five Injured In Kansas Airport Crash

October 30, 2014

Four people were killed, including the pilot, and five injured when a small plane crashed into a building at Mid-Continent Airport in Kansas, setting off an explosion and a huge ball of fire.
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Ryanair In Second Round Of Bidders For Cyprus Airways

October 30, 2014

Ryanair's chief executive Michael O'Leary said the airline is in the second round of bidders to take over Cyprus Airways.
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Ryanair In Second Round Of Bidders For Cyprus Airways

Accor Ups Digital To Combat Online Rivals

October 30, 2014

Accor, Europe's largest hotel group, plans to spend EUR€225 million (USD283.5 million) between 2014 and 2018 to build up its digital business in response to the challenge from online booking rivals.
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Accor Ups Digital To Combat Online Rivals

Millennium & Copthorne Profit Up On Higher Occupancy

October 30, 2014

Millennium & Copthorne Hotels' third-quarter profit rose 6.6 percent as an increase in global business travel drove occupancy and room rates.
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Millennium & Copthorne Profit Up On Higher Occupancy

Spain Postpones Aena IPO

October 30, 2014

The Spanish government has postponed the IPO of airport operator Aena until the first months of 2015, two people with knowledge of the matter said.
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Spain Postpones Aena IPO

Lufthansa Cuts Profit Guidance For Second Time

October 30, 2014

Lufthansa has lowered its profit guidance for 2015 for the second time this year due to a stuttering global economy and increased competition.
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Lufthansa Cuts Profit Guidance For Second Time

Bombardier Announces Third Quarter Profit

October 30, 2014

Bombardier Aerospace reported third quarter earnings before interest and taxes of USD$74 million, down from USD$86 million in 2013.
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Bombardier Announces Third Quarter Profit