News

Alitalia Has Three New Shareholders

Italy’s Poste Italiane, bank Unicredit and Odissea have joined Alitalia as new shareholders after investing in the Italian airline’s EUR€300 million (USD$410 million) capital increase, Alitalia said on Friday. The...


Boeing Close To 10-A-Month Goal For 787

Boeing is close to meeting its production target of building 10 787 Dreamliners a month, a senior Boeing executive said on Thursday. “It’s the fastest we’ve ever gone on any airplane,” said Jack Jones, v...



AirAsia X Orders 25 Airbus A330s

Malaysian long-haul budget carrier AirAsia X announced an order for 25 Airbus A330-300s on Wednesday in a deal valued at USD$6 billion at list prices. Malaysian airline entrepreneur Tony Fernandes, whose AirAsia group has alrea...


Loews Regency Hotel New York to Open January 16, 2014 in Manhattan

Loews Hotels Resorts today announced that Loews Regency Hotel in New York is now accepting reservations for stays beginning on January 16, 2014.  The reopening of the flagship property follows a comprehensive $100 million reno...



Norwegian Air Signs For Two More Boeing 787s

Norwegian Air is buying another two Boeing 787-9 Dreamliners, seeing the aircraft’s technical advances as outweighing its operating problems as the budget carrier expands in long-haul services. Europe’s third-bigges...


Etihad Considering Alitalia Investment

Etihad Airways is considering a possible investment of EUR€300 million (USD$413 million) in Italian carrier Alitalia, a political source close to the matter said on Thursday. But the source added that other options besides Et...