Low-cost traffic soars 54%

News Update   11th March 2010

Despite a global slowdown, low-cost carrier passenger traffic at Changi Airport hit 7.1 million last year, a 54 per cent jump compared to 2008. By contrast, full-service carriers like Singapore Airlines carried just 30.1 million passengers, a 9 per cent drop over a year earlier.

Airline launched by 'baby Branson' grounded one week after take-off

News Update   11th March 2010

A second airline launched by the so-called "baby Branson" has been forced to suspend flights after only one week, because it allegedly failed to pay aircraft bills.

Delta talking to other carriers about alliances

News Update   10th March 2010

Delta Air Lines Inc., still smarting from its failed bid to lure Japan Airlines into a partnership, is talking to other carriers about expanding its global alliances, a senior executive said Tuesday without giving specifics.

Airline's cash pile halved after €81m operating loss in 2009

News Update   10th March 2010

A trading update from Aer Lingus yesterday shows that it continues to burn through its cash pile at a fast rate.

EADS posts $1.46b loss

News Update   9th March 2010

Airbus parent, the European Aeronautic Defence and Space Company (EADS), recorded a full-year loss of 763 million euros last year, reversing a 1.57 billion euros profit in 2008, because of cost overruns on two major projects.

US Airways fined for violation of price advertising rules

News Update   9th March 2010

The U.S. Department of Transportation (DOT) on Monday assessed a 40,000-dollar civil penalty against US Airways for violating rules that require airline price advertisements to disclose the full price consumers must pay for air transportation.

China to expand aircraft fleet

News Update   8th March 2010

China's airlines plan to buy 218 planes this year to help meet an expected surge in demand for air travel in the coming years, state media reported on Monday.

Airbus logs zero orders in February

News Update   8th March 2010

European plane maker Airbus has fallen behind its US rival Boeing in orders for aircraft this year and received no new orders at all in February, figures published by the companies on Friday showed.

Newswatch 2010 Issue 9 out now!

Newswatch   5th March 2010

Four new airlines awaiting license for international

News Update   5th March 2010

Four airlines have applied at the Nepalese Ministry of Tourism and Civil Aviation to operate international flights.

Airlines seek roll back of service taxes

News Update   4th March 2010

Chief executives of airlines Wednesday met Civil Aviation Minister Praful Patel and pleaded that the government should roll back the service tax on all classes on domestic and international flights proposed in the Budget.

Sri Lanka to buy six transport aircraft from China: report

News Update   4th March 2010

Sri Lanka is buying six Xian MA60 turboprop powered aircraft for a state-run airline and air force, from China, a media report said.

IBA appointed as exclusive sales agent for former FlyGlobespan assets.

Press Release   3rd March 2010

The Joint Administrators of The Globespan Group plc have appointed the International Bureau of Aviation (IBA) as the exclusive sales agent for a range of aviation assets formerly the property of FlyGlobespan. These include a B737-600 aircraft and an inventory of spare parts.

Vietnam Air to launch more Japan flights, Myanmar service

News Update   3rd March 2010

The national flag carrier Vietnam Airlines will increase flights to Japan in the coming period to meet rising tourist demand, according to spokesman Le Hoang Dung.

Preliminary design for China's jumbo jet to start in 2010

News Update   3rd March 2010

Preliminary design of China's jumbo jet program will be launched in 2010, said the Ministry of Science and Technology (MOST) at a press conference March 2.

Flydubai Doubles GCC Network

News Update   2nd March 2010

Flydubai, Dubai's first low cost airline, has announced a brace of GCC routes to kick off what is set to be a very busy year of route announcements for the carrier.

Wizz Air objects to Malév bail-out

News Update   2nd March 2010

Budget airline Wizz Air has said it will go to the European courts to dispute the Hungarian state bail-out of the former state airline Malév, arguing that it violates EU competition law.

SIA Airbus on more routes

News Update   1st March 2010

Singapore Airlines will soon operate its new Airbus 330-300 aircraft, which comes with the carrier's latest product and service offerings, on selected routes serving the Middle East, West Asia and North Asia.

747-8 Freighter’s first flight a new milestone

News Update   1st March 2010

The Boeing Co.’s new 747-8 Freighter successfully took to the sky from Paine Field for the first time Feb. 8, marking a new milestone in the plane’s journey from concept to competing in the global transport market.

Newswatch 2010 Issue 8 out now!

Newswatch   26th February 2010

Price ceiling lifted for local flights

News Update   26th February 2010

Airfares for domestic air routes will increase by VND100,000-VND180,000 starting March 1, according to a recent decision of the Ministry of Finance.

IBA Completes the Sale of Two AW139 Helicopters, Despite Tough Market.

IBA Group Limited   26th February 2010

For Sale: 2002 Embraer Legacy - MSN: 145505

IBA Group Limited   26th February 2010