The potential for a silver, but greasy, lining to a cloudy story about quality control and food safety in China.
In the wake of two Nigerian airline crashes this weekend, it may seem that the country's aviation industry is in a dangerous tailspin. But the broader trends make a different case.
Deutsche Lufthansa AG (FRA: LHA) announced Thursday it will lay off 3,500 administrative employees over the next couple of years as part of its plan to save $2 billion by 2014. The news comes a day after the airline announced a first quarter operating loss of ?381 million ($499 million), compared to a loss of ?169 million a year earlier.
The Indira Gandhi International Airport in Delhi, India, is set to become the costliest airport in the world, as the Delhi International Airport Ltd (DIAL) that operates the airport has got approval to hike the airport charges.
An ATR-72 twin-engine turboprop carrying 43 people crashed during an attempted emergency landing in a snow-covered field near Tyumen, in western Siberia.
Concerns raised by Delta Air Lines about the fairness of U.S. Export-Import Bank loans to help Boeing export aircraft are complicating President Barack Obama's push to quickly renew the bank's charter.
China has blocked purchases of Airbus planes by Chinese companies in reaction to a controversial European carbon tax, the CEO of Airbus parent European Aeronautic Defense & Space Co. NV (Paris: EAD) said Thursday.
Countries opposed to an EU law forcing the world's airlines to pay for greenhouse gas emissions agreed on a basket of retaliatory measures, adding to a series of threats that have raised the prospect of the globe's first carbon trade war.
Global airlines on Sunday called for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union over jet pollution spilling into a trade war. Airlines are being squeezed between conflicting laws, the head of the International Air Transport Association said.
China on Monday barred its airlines from a European scheme to reduce carbon emissions, hardening its stance a week before a summit at which the European Union will seek Chinese help to ease its debt crisis.
Welcome to the airport terminal of the future.
New Delhi's expected move to allow global airlines to own as much as 49 percent in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses. But aviation-industry experts say any celebration is premature.
A federal judge on Friday rejected a request by a trade group representing major U.S. airlines to block a $3.4 billion loan-guarantee package to help Air India buy dozens of planes from the Boeing Co.
Counting container ships plying the high seas and air cargo takeoffs is one way to track the outlook for the global economy. Both measures point to weak growth in the months ahead but no severe storms.
American Airlines, US Airways, and United Continental have all joined Delta in adding a $3 surcharge to fares purchased in the United States for flights to Europe in response to the EU's new Emissions Trading Scheme (ETS).
China's airline companies are refusing to pay a new European Union carbon tax when traveling to airports on the continent.
