Airline news
AirAsia, MAS Fined Over Competition Rules
Malaysia’s competition watchdog on Friday fined national carrier Malaysia Airlines and budget carrier AirAsia MYR10 million ringgit (USD$3 million) each for breaking competition rules in a pact that later fell thro...
Investment Firm Buys Bombardier’s Flexjet
Bombardier announced the sale of its Flexjet aircraft ownership business on Thursday, and the new owners agreed to order up to 245 Bombardier business jets valued at USD$5.2 billion. A group led by Ohio-based private inv...
Airbus Wins 942 Gross Orders In Year To August
Airbus won 942 gross aircraft orders in the first eight months of the year. This takes it closer to its full-year target of more than 1,000 passenger jet orders for 2013. Airbus said net orders were 902 in the same perio...
Norwegian Air Fare Levels Under Pressure
Budget carrier Norwegian Air, which is expanding rapidly out of its traditional Nordic base, reported disappointing August figures on Thursday as fare levels came under pressure from competition, a weaker currency and go...
Boeing Ups Forecast For China Plane Demand
Boeing expects China to need more than 5,500 aircraft in the next 20 years, a six percent increase over last year’s two-decade estimate, citing growing demand for single-aisle and small wide body planes as travel w...
Delta Goes For Airbus In USD$5.6 Bln Order
Delta Air Lines announced an order for Airbus jets on Wednesday worth almost USD$6 billion at list prices, softening its reliance on Boeing for the first time in two decades as it looks for bargains. The order, crowning ...
