Author Archive
AIG To Sell ILFC In USD$5.4 Bln. Deal
American International Group is to sell its aircraft-leasing business ILFC to AerCap in a deal valued at about USD$5.4 billion, marking the insurer’s exit from its last non-core business. AIG, which was nearly wiped out b...
Australian PM Will ‘Try To Be Helpful’ On Qantas
Australian Prime Minister Tony Abbott has backed calls from embattled Qantas Airways to have restrictions that include limits to foreign ownership eased as the carrier faces a record loss and increased competition. Abbott said ...
American Airlines Orders 90 Regional Jets
American Airlines Group said on Thursday it ordered 90 regional jets from Embraer and Bombardier in deals worth about USD$4 billion at list prices as it upgrades to a more efficient fleet to lower operating costs. The new carri...
EVA Air Says Would Look At 777X Order
EVA Air would be interested in placing an order for Boeing’s new 777X, the president of the Taiwanese airline said on Friday. “It won’t be available until 2020, so give us some time and we would maybe look at ...
Airlines Seek New Rules On Unruly Passengers
Fighting football fans, fashion models screaming obscenities and a French film star relieving himself in the gangway are just a few examples of what airlines say is a growing trend of abusive passengers on planes. Briefing jour...
LOT To Get USD$33 Mln 787 Compensation
LOT will get about PLN100 million zlotys (USD$32.94 million) in compensation from Boeing for the faults that grounded its 787 Dreamliner jets, a source close to the negotiations said on Wednesday. “The agreement as...
