Latest News

Friday, 17 July 2009

The airline industry continues to face weak passenger and freight revenues and rising unit costs, according to the latest survey by the International Air Transport Association (IATA), but with significant changes in attitude and predictions by individual industry sectors compared to previous surveys.

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Latest News

Friday, 17 July 2009

Singapore’s Singapore Airlines says it carried 19.2 per cent fewer passengers in June compared to June 2008 at 1.307 million compared to 1.617 million.

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Latest News

Friday, 17 July 2009

USA carrier American Airlines’ says cargo revenue dropped 42.6 per cent in Q2 2009 to US$134 million and traffic in the same period was down 25.1 per cent from the same quarter last year.

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Latest News

Friday, 17 July 2009

With its takeover by Germany’s Lufthansa ‘up in the air’, Austrian pundits say Austrian Airlines may opt to ‘do an Alitalia’, with less attractive parts such as its debt, pension liabilities, redundant employees and aircraft split off and sold separately.

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Latest News

Friday, 17 July 2009

An Iranian plane en route to Armenia has crashed killing all 168 people on board.

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