Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.
Alaska Airlines is poised to acquire Virgin America for $2 billion deal surpassing JetBlue with a $56 to $58 per share condition. An announcement will be made should the agreement pursue as the talks are not yet final.
Airbus just can't get enough of its overflowing orders. The aircraft maker needs to have a double time production to meet its deadline for delivery and to cater other orders from other countries. Spring Air, one of the clients, ordered 60 Airbus A320neos and wants more. It asked Airbus to make more aircraft as China needs them.
Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.
Airlines are sticking with plans to buy the latest generation of fuel-saving passenger jets even though falling jet fuel costs have undercut the case for these planes, the head of one of the world's largest aircraft leasing companies said in an interview.
Independent health advisers to the World Health Organization (WHO) have assessed that there should be no general ban on travel or trade with countries reeling from an Ebola epidemic in West Africa, the U.N. agency said on Monday.
Australian airlines Qantas Airways Ltd and Virgin Australia Holdings Ltd said passengers can use smartphones and tablets throughout flights from Tuesday after a regulator relaxed a ban on electronic devices on planes.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier.
Doric Assets speeds up the acquisition of A380 jets to cater to the needs of its clients.
David Neeleman is trying to put together $3.2 billion to regain JetBlue back and buy TAP-report
Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off.
ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.
United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.
The largest budget carrier in Asia plans to invest $30 million to $60 million into its new airline venture in India.
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