DWS Aviation

Empresa Brasileira de Aeronautica SA, commonly called Embraer, the aerospace conglomerate based in Brazil, has received orders for its Legacy executive jets - total value of order is $208.2 million.

SriLankan Holidays, the leisure arm of SriLankan Airlines is offering Indian children a chance to enjoy four exciting tours of the island nation in a discovery of the country's rich and varied diversity.

ACE Aviation Holdings Incorporated, the parent company of Air Canada, has announced that it is “still looking for ways to wind itself down” but that it is unlikely to do so by making a cash offer for the public minority stake in Air Canada.

Singapore Airlines, the national airline of Singapore, has said that it has suffered a 36.2% decline in profits from the previous year and “the outlook remains weak as the global economic recession has escalated.”

The 10 member-countries of the the Association of Southeast Asian Nations (ASEAN) have signed agreements that will eliminate restrictions on air passenger services and air freight services and also will allow regional airlines to fly to any of the capitals of the member-countries by 2010.

General Dynamics has finalised its purchase of Jet Aviation, based in Zurich, Switzerland, for $2.18 billion. The deal had been first announced in August 2008.

BOC Aviation, the aircraft-leasing division of Bank of China, one of the big four state-owned commercial banks of the People’s Republic of China, has placed additional orders with Airbus Industrie for 20 aircraft of the Airbus A320 family.

The Middle East has finally ushered in the much important IATA e-freight initiative with Dubai becoming the first in the region and just 14th in the world to go for paperless cargo operations. This is believed to be a new milestone for the air cargo space.

Qatar Airways, the flag-carrier airline of Qatar, based in Doha, and Iberia Airlines, the flag carrier of Spain, are among over one dozen investors which have expressed a preliminary interest in buying the ailing Olympic Airlines, the  national carrier of Greece.

GE Commercial Aviation Services based in the United States is planning to buy 5 jet aircraft made in China, in the first overseas orders for Commercial Aircraft Corporation of China, the Chinese aircraft manufacturer.

With financial concerns about the Indian airline industry at an all-time high following the Jet Airways layoff fiasco, airline companies in India are now being asked by banks to pledge aircraft as collateral before getting loans approved. And that's not all, the companies may also be forced to pledge their future ticket sales and company shares too.

At last, the United States Justice Department has approved the much-awaited merger between Delta Air Lines and Northwest Airlines, thus clearing the decks for the creation of the world’s biggest airline.

Two of China’s biggest airlines post losses Air China and China Eastern Airlines, two of the largest airlines in China, have reported heavy losses for the third quarter of 2008, which both carriers blamed on weakening demand and higher costs of fuel. Air China Limited, the state-owned carier of the People’s Republic ...

The government of Austria has put off sale of a stake in Austrian Airlines, the flag-carrier airline of Austria, to December 31, 2008.

US Airways, the low-cost airline owned by US Airways Group, has posted a huge loss in the third quarter of 2008 on account of the huge increase in the prices of aviation turbine fuel as well as fast decline in the price of crude oil that ate into the value of its fuel hedges.

Southwest Airlines Company, the low-cost airline based in Dallas, Texas, the United States, has posted its first quarterly loss in 17 years.

UAL Corporation, the parent company of United Airlines, has suffered a net loss of $779 million, or $6.13 per share, in the third quarter of 2008.

Air Arabia, the low-cost airline based in Sharjah in the United Arab Emirates (UAE), will fly all passengers free of charge on October 28, 2008, as a part of celebrating the carrier’s fifth anniversary.

American Airlines, headquartered in Fort Worth, Texas, the United States, plans to buy as many as 100 new, long-range Boeing 787 Dreamliner aircraft.

Just a day after the announcement of the Kingfisher Airlines and Jet Airways alliance, there was a shock for the employees of the two airlines.

In all, 10 of the biggest United States-based airlines suffered combined operating deficit amounting to $1 billion in the first half of 2008 because of exorbitant prices of aviation turbine fuel and a slowing down of economy.

Jet Airways and Kingfisher Airlines, India’s biggest airlines in the private sector, have reached an agreement to share certain facilities with a view to cutting costs.

Air Canada, the largest airline of Canada and the country’s flag carrier, and TAM Airlines, the biggest airline of Brazil, have entered into a codeshare partnership.

The United States and Vietnam have agreed to lift restrictions on air-cargo routes between the two countries.

TAM Airlines, the biggest airline of Brazil, has announced that it has been invited to join the Star Alliance, the largest global alliance in commercial aviation.

Notwithstanding the general slump in Europe’s airline industry, some of the continent’s low-cost airlines are continuing to attract record number of passengers.

SriLankan Airlines and Etihad Airways have joined hands to form a new code share deal that promises to significantly enhance the route networks of both airlines.

Aer Lingus, the airline based at Dublin, Ireland, had decided to cut its fares further.

Major airlines based in the United States achieved an on-time arrival rate of 78.4% in August 2008 – up from 71.7% in the same month in 2007.

The ongoing strike by machinists of Boeing Company has forced Virgin Blue to put off the launch of its V Australia trans-Pacific service, which was planned for December 15, 2008.