AirAsia Scraps Plan For New Singapore Airline
Asia's largest low-cost carrier has scrapped plans for a Singapore joint venture due to high operating costs and lack of market potential.
Kuwait Airways Finally Wins Iraqi Compensation For Planes Destroyed During 1990 Invasion
Kuwait MPs Tuesday ratified a settlement deal under which Baghdad will pay $500 million for 10 plundered planes.
Are European Airlines Profiting From Shelved EU Carbon Tax?
Airlines made up to $670 million last year by passing on a carbon surcharge to travellers despite the EU's freeze of the controversial tax.
Airbus Fears A350 Delays Following Boeing Battery Issues
European aircraft maker Airbus is wary that problems which have grounded rival Boeing's 787 could also delay the launch of the A350.
Kingfisher Must Win Bankers’ Permission To Fly Again, Minister Says
India's aviation minister warned grounded Kingfisher that the debt-laden carrier will need to get clearance from its bankers to fly again.