- HK Express Sponsors Hong Kong International Film Festival--The Airline Celebrates Creativity with Movie Night and Livery Design Competition[Mar. 23, 2018]
Hong Kong-based airline HK Express is honoured to be one of the official sponsors of the 42nd Hong Kong International Film Festival, which runs from 19 March to 5 April 2018. To cultivate creativity and cross-cultural awareness amongst Hong Kong youth, the airline joined hands with Hong Kong International Film Festival (HKIFF) to co-host a movie screening night last night (22 March 2018). During the event, HK Express also announced an exciting livery design competition.
- China Southern Places US$3.6 Billion Boeing 737 MAX Order for Xiamen Airlines Subsidiary[Mar. 21, 2018]
China Southern Airlines Co Ltd said on Wednesday it had placed an order for 30 Boeing Co 737 MAX narrowbodies for its Xiamen Airlines subsidiary in a deal the plane maker said was worth more than US$3.6 billion at list prices.
- France's Ardian Prepares Sale of Luton Airport Stake -Sources[Mar. 20, 2018]
French private investment company Ardian has hired Rothschild to sell its 49 percent stake in Britain's fifth-biggest airport, Luton, banking sources told Reuters.
- Boeing, SkyUp Airlines Finalize Order for Five 737 MAX Airplanes[Mar. 20, 2018]
Boeing and SkyUp Airlines announced they have finalized a firm order for five 737 MAX airplanes valued at US$624 million at list prices. The order includes two 737 MAX 8 and three 737 MAX 10 jets.
- Airbus Discloses Share Buyback Transactions[Mar. 20, 2018]
Airbus SE reports the following share buyback transactions from 12 March 2018 to 16 March 2018 under Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("EU Market Abuse Regulation").
- Ex-Race Ace Lauda's Reclaimed, Rebranded Airline Targets 2019 Profit[Mar. 16, 2018]
Niki Lauda aims to turn a profit from next year with Laudamotion, the airline he has rebranded after buying it back from insolvent Air Berlin, the ex-motor racing champion said on Friday.
- FAI Technik GmbH Becomes Authorised Rockwell Collins Dealer[Mar. 16, 2018]
FAI Technik GmbH, part of the FAI Aviation Group, is pleased to have signed a dealership agreement with Rockwell Collins to become one of its accredited dealers.
- Branson's Virgin Atlantic Swings to Loss After Low-Cost Squeeze[Mar. 15, 2018]
Virgin Atlantic Airways Ltd. posted a loss last year as the weak pound hurt demand for flights from the U.K. and made it tougher for the carrier to compete with long-haul discounters led by Norwegian Air Shuttle ASA.
- Lufthansa Sees Harder 2018 as Rivals Rush to Fill Air Berlin Gap[Mar. 15, 2018]
Deutsche Lufthansa AG cashed in on the collapse of national rival Air Berlin Plc last year, but warned that 2018 will be a whole lot tougher as foreign competitors target the German market.
- Cathay Pacific Airways Limited Announces 2017 Annual Results[Mar. 14, 2018]
The Cathay Pacific Group reported an attributable profit of HK$792 million in the second half of 2017, compared to an attributable loss of HK$2,051 million in the first half of 2017 and an attributable loss of HK$928 million in the second half of 2016. Cathay Pacific and Cathay Dragon reported an attributable loss of HK$1,538 million in the second half of 2017, compared to an attributable loss of HK$2,765 million in the first half of 2017 and an attributable loss of HK$2,580 million in the second half of 2016.