Singapore-based low-cost carrier (LCC) Tigerair Group posted a net loss of S$18.8 million ($13.7 million) in the fourth quarter of FY15 ended March 31, an 80.3% improvement over a net loss of S$95.5 million in the year-ago period.
Malaysia Airline System (MAS), parent of Malaysia Airlines, is already seeing significant changes to operations and fleet, following the May 1 start date for new CEO Christoph Mueller, who is former CEO of Aer Lingus.
Airbus and Singapore Airlines (SIA) have begun building a 9,250 sq m training center at Seletar Aerospace Park to house eight full-flight simulators, comprising four A350s, two A320s, one A380 and one A330.
Indian low-cost carrier SpiceJet, which was threatened with aircraft lease cancellations and potential bankruptcy in recent months, has rebuffed an offer from JP Morgan Chase for an equity-led bailout.
Filipino national carrier Philippine Airlines (PAL) hopes to start a direct schedule to Auckland, New Zealand by year end, according to PAL president Jamie Bautista, who said the carrier is evaluating the service.
Excessive costs and an aviation sector that is not as robust as it should be, especially in attracting international business, are hurting Canada’s air transport industry, conference panelists said Tuesday....More
Latin American traffic growth has slowed from double digits, but is still expected to grow 5%-6% per year, reaching nearly a half billion passengers by 2025, according to Alex de Gunten, adviser to the executive board of the Latin America and Caribbean Air Transport Association....More
Senior executives from two of the three major US carriers involved in the growing dispute over alleged unfair competition from the Gulf carriers said Tuesday they are simply asking for government-to-government consultations on the US Open Skies agreements with the United Arab Emirates (UAE) and Qatar....More
Etihad Airways will continue to expand its cross-Atlantic routes between North America, the Middle East and the sub-Indian continent, but has no plans to fly between Europe and the US a senior executive said Monday....More