News
Jet Airways Posts Fifth Quarterly Loss
Jet Airways posted a fifth straight quarterly loss on Thursday, as the leading Indian carrier continued to bear the brunt of high fuel costs and intense competition. Troubles at rival Kingfisher Airline, which sto...
Air France Outlines Plans To Return To Growth
Air France said it will reduce staff numbers and its short-haul and medium-haul fleet in an effort to cut costs and return the airline to growth in the face of rising competition and fuel bills. As it overhauls it...
AirAsia In USD$4 Bln Talks For 50 Airbus A320s
AirAsia is studying a potential USD$4 billion deal to buy another 50 Airbus A320 passenger jets, its founder said on Thursday, extending the budget carrier’s dramatic growth, months after it placed a record order f...
Airbus A380 Wing Flaws May Cost USD$629 Mln
Airbus said efforts to lower the weight of the world’s largest airliner lay behind recent A380 wing component cracks and pledged to learn from mistakes, as repair costs looked set to climb towards EUR€500 million...
Airbus Says A350 Schedule ‘Tight But Feasible’
Airbus’s target to get the A350, its next new passenger jet, ready in time for delivery in the first half of 2014 is “tight but it remains feasible”, the head of the European aircraft project said on Th...
The Ritz-Carlton Montreal Reopens May 28th
The Ritz-Carlton, Montreal will reopen after an extensive $200 million restoration combining the latest amenities with the splendour of the past. “We are extremely proud to reopen this emblem of the very best Montreal has to ...
