Recently Added News
Senate Approves Bill To Renew ExIm Bank
May 16, 2012
The US Senate voted to renew the Export-Import Bank's charter until September 2014 and raise its lending cap to USD$140 billion, overcoming objections from conservative Republicans who wanted to shut the bank down.
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Berlin Airport Delayed To March 2013 - Sources
May 16, 2012
Berlin's new Brandenburg airport will probably not open before March 2013 because of problems with fire regulations, sources said on Wednesday, further embarrassing authorities who had predicted a three-month delay from the original date of June 3.
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Singapore Air To Suspend Abu Dhabi, Athens Services
May 16, 2012
Singapore Airlines, which is struggling with weak load factors, said on Wednesday it will suspend services to Abu Dhabi and Athens from October 26 due to weak demand.
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Virgin Atlantic To Stop Kenya Flights
May 16, 2012
Virgin Atlantic is to withdraw flights between Nairobi and London by September due to low passenger numbers, high fuel costs, and increasing aviation taxes in Britain.
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Mauritius Tourist Arrivals From Europe Fall
May 16, 2012
The number of tourists visiting Mauritius from Europe slowed in April, hit by the fallout from the eurozone crisis, official figures showed on Wednesday.
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Sri Lanka April Tourist Arrivals Up 9 Pct
May 16, 2012
Sri Lanka's tourist arrivals in April edged up 9 percent from a year earlier, government data showed on Wednesday, with annual visitor numbers having risen every month since a 25-year civil war ended in May 2009.
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Cathay Pacific April Cargo Down But Pax Up
May 16, 2012
Cathay Pacific Airways said on Wednesday that its April freight traffic fell 11 percent from a year earlier as the general air cargo market stayed soft, but passenger numbers grew helped by additional flights in the region.
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EU Extends United Tech, Goodrich Deadline
May 16, 2012
EU antitrust regulators will decide by August 31 instead of August 9 whether to clear a bid by US conglomerate United Technologies to buy US aircraft components maker Goodrich for USD$16.5 billion.
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Lufthansa To Focus On Cost Cuts Before Deals
May 16, 2012
Lufthansa said on Wednesday it had no plans to veer from its cost-cutting path to focus on acquisitions but would still look at assets up for sale, such as Portugal's flag carrier TAP.
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Managers To Buy Bankrupt Cimber Sterling
May 16, 2012
Managers of bankrupt Danish no-frills airline Cimber Sterling are to buy the core of the business, which will continue to fly under the Cimber name.
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Virgin Atlantic Rolls Out In-Flight Phone Service
May 16, 2012
Virgin Atlantic will provide passengers with a new service to make and receive phone calls from 35,000 feet in the air.
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EADS Doubles First Quarter Profit
May 16, 2012
EADS on Wednesday reported a doubling of first-quarter operating profit to EUR€480 million (USD$613.2 million).
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EU Airline ETC Should Go To Climate Fund
May 15, 2012
EU nations should pledge that funds from paying for airline emissions will help poor countries deal with global warming, the bloc's climate chief said on Tuesday, after finance ministers stopped short of a firm commitment.
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Singapore Air Load Factor 68.5 Pct In April
May 15, 2012
Singapore Airlines filled 68.5 percent of the space on its planes for passengers and cargo in April, lower than the 69.6 percent in March but slightly higher than the 68 percent a year earlier.
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Boeing Studying Higher 787 Production Rate
May 15, 2012
Boeing is on track to hit its production rate target for the 787 Dreamliner next year and is studying the possibility of raising that target, the head of the plane maker's commercial planes unit said.
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