Airline news
Boeing 787 Dreamliner Honored with Hermes Awards for Innovation Grand Prize
Boeing’s (NYSE: BA) new 787 Dreamliner has been honored with the Grand Prize during the 2012 Hermes Awards for Innovation. Yves Galland, president of Boeing France, accepted the prize during the 5th National Meeting of Ch...
Bombardier Profits Fall On Lower Deliveries
Bombardier reported a 14 percent fall in first-quarter profit as aircraft deliveries declined and new orders for its train division were flat. The world’s third-biggest commercial plane maker said new orders...
No Survivors In Russian Plane Crash
A rescue team found no survivors but several bodies on Thursday when it arrived at the wreckage of the Russian plane that crashed into an Indonesian mountain during an exhibition flight with 45 people on board. Ru...
LAN Launches Share Swap To Take Over TAM
Chile’s LAN Airlines said it had launched a share swap offer in the final stage of its takeover of Brazil’s TAM to create LATAM Airlines Group, the largest carrier in Latin America and one of the worldR...
Singapore Air Turns To Asia To Drive Growth
Singapore Airlines will focus on flights to smaller Asian cities as a weak global economy batters demand on long-haul routes and competition from premium airlines intensifies. SIA, which posted its first quarterly...
Emirates 2011 Profit Sags 72 Percent
Dubai’s flagship carrier Emirates reported a 72 percent drop in 2011 profits on Thursday as high fuel prices accounted for 40 percent of the Gulf carrier’s costs. Emirates made a profit of AED1.5 billi...
