- China Southern Airlines Net Profit Up 33% at 2.76 Billion Yuan[Aug. 26, 2011]
China Southern Airlines Co. said Thursday its first-half net profit rose 33% from a year earlier, supported by one-off gains and continued growth in air travel demand.
- Malaysia Airlines Posts Loss, AirAsia Profit Down[Aug. 24, 2011]
Malaysia Airlines said Tuesday it suffered a second straight quarterly loss in the three months ending in June, while budget carrier AirAsia reported a 48% drop in net profit due to soaring fuel costs.
- Chile Court Delays LAN-TAM Takeover Decision[Aug. 24, 2011]
A Chilean court on Wednesday delayed a decision on a challenge to Chilean airline LAN's planned takeover of Brazilian carrier TAM, a deal that awaits approval from the country's antitrust regulator.
- Air New Zealand Profit Hit by Fuel Prices, Disasters[Aug. 24, 2011]
National carrier Air New Zealand Ltd. reported a lower profit on Thursday, as natural disasters in key markets and high fuel prices crimped earnings.
- Qantas's Annual Profit Doubles as Takeover Rumors Swirl[Aug. 24, 2011]
Australian carrier Qantas Airways has seen annual profits double, as strong domestic demand offset a drop in its international business.
- Beijing Airport to Seek China IPO in 2012 - Report[Aug. 23, 2011]
Beijing Capital International Airport Co Ltd plans to return to the mainland stock market via an initial public offering next year, the China Securities Journal reported on Wednesday, citing a company official.
- Boeing's 787 Inventory Glut Casts US$16.2 Billion Cloud over FAA Approval[Aug. 23, 2011]
Boeing Co., set to get government approval of its new 787 Dreamliner this week and deliver the first jet next month, expects to spend most of 2012 unwinding the record inventory built during three years of delays to the world's first composite-plastic airliner.
- Bangkok Airways to Go Public[Aug. 11, 2011]
The airline recently began an internal study focused on divesting a 30% stake to mobilise funds and help it grow in the future, revealed founder and major stakeholder Prasert Prasartthong-osoth yesterday.
- Lufthansa's Austrian Airlines to Miss 2011 Target[Aug. 22, 2011]
Austrian Airlines, owned by Lufthansa , will fall short of its target for a positive operating result this year, an executive said on Monday.
- Brazil's Embraer Spreads Wings in China[Aug. 22, 2011]
Brazilian aircraft manufacturer Embraer is expanding operations in China, one of the fastest growing aviation markets where the company is already active delivering orders secured earlier.