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Korean buys CS300s

: Latest News; Wednesday, 03 August 2011

South Korean carrier Korean Air has placed a firm order with Bombardier Aerospace for 10 CS300 airliners, making it the CSeries launch customer in Asia.

Rivals to buy share of Kuwait Air?

: Latest News; Wednesday, 03 August 2011

Kuwait Airways is to sell a US$280 million stake to international carriers and investors, it says.

Softer demand hits passenger, air cargo traffic

: Latest News; Wednesday, 03 August 2011

Air transport statistics for June showed a showed softer passenger and freight market demand, the International Air Transport Association (IATA) says.

Tiger's return delayed

: Latest News; Wednesday, 03 August 2011

Australia's Tiger Airways and the country's Civil Aviation Safety Authority (CASA) have applied to the Federal Court for a further adjournment of the court case that will determine the possible return of the carrier to domestic skies.

Air India denied Star membership

: Latest News; Wednesday, 03 August 2011

India's Air India has had its planned membership of the Star Alliance suspended, after AI "failed to meet contractually-agreed joining conditions", Star said.

Asiana crash has insurance angle

: Latest News; Wednesday, 03 August 2011

One of the pilots of the South Korean Asiana cargo plane that crashed into the sea off Jeju Island last week allegedly took out seven property and life insurance policies a month before the July 28 crash.

ANA posts quarterly loss, tips full year profit

: Latest News; Wednesday, 03 August 2011

Japan's All Nippon Airways (ANA) has reported a group operating loss of JPY8.10 billion for the April-June period. Group net loss was JPY8.47 billion, larger than a year-earlier loss of JPY5.25 billion.

Korean turns in Q2 operating loss

: Latest News; Wednesday, 03 August 2011

South Korea's Korean Air has reported operating revenue of KRW2.8 billion for the second quarter of 2011, a year-on-year increase of 1.5 per cent, but it delivered an operating loss of KRW37.5 billion.

Walsh warns of price hikes, says IAG likes TAP

: Latest News; Wednesday, 03 August 2011

Willie Walsh, the chief executive of IAG, the company formed by the merger of British Airways and Spain's Iberia, says the group would like to acquire TAP Portugal because of its strength on Europe-Brazil routes.