Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
Lufthansa reported an operating loss of 336 million euros ($380 million) for the first quarter of the year, hurt by rising fuel costs and overcapacity in Europe, sending its shares down 5 per cent in pre-market trade. Germany’s biggest airline said late on Monday
The Sharjah Airport on Thursday received Turkish Airlines’ inaugural flight from Istanbul. Starting in April, the airline will operate a daily flight to Sharjah from Istanbul’s new airport. The aircraft was welcomed with a traditional water salute, and a reception was held for the airline’s officials in the presence of Ali Salim Al Midfa, Chairman of Sharjah Airport Authority,
Turkish Airlines added Strasbourg to the list of its destinations in France. Turkish Airlines, flying to more countries than any other airline in the world, has launched direct flights again to Strasbourg, starting from May 31st, 2019,
Qantas Airways, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia’s aviation regulator to agree to unprecedented duty times. Airlines around the world are planning
Abu Dhabi Airports has welcomed GoAir’s launch of two new daily flights, the first between Mumbai International Airport (BOM) and Abu Dhabi, and the second to Delhi International Airport (DEL), further connecting the UAE capital
Norwegian Air filled more seats on its planes and earned higher revenues per customer in April while dealing with the grounding of its 18 Boeing 737 MAX aircraft, it said, sending the company’s shares sharply higher in early trade. The company said last month that the global grounding of 737 MAX jets,
Uganda Airlines has taken to the skies once more after almost two decades out of action, but flies into a crowded aviation market in Africa where carriers have the weakest finances and emptiest planes of any region in the world.
Emirates airlines ranked among the top five globally by number of passengers and volume of air cargo flown in 2018, according to the latest report by International Air Transport Association’s (IATA).
The Airport Belgrade Catering (ABC), company, which was fully acquired by Emirati-owned Cirta Group, a group of companies supported by government entity Khalifa Fund for Enterprise Development (KFED), has secured the biggest deal