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Air NZ reports profit surge

: Latest News; Monday, 30 August 2010

Air New Zealand says its annual profit jumped almost 400 per cent thanks partly to smaller losses on fuel hedging contracts and cost cutting.

Better six months for Iberia

: Latest News; Monday, 30 August 2010

Spain's Iberia has posted a narrower than expected first-half operating loss of EUR72 million in the six months to end-June. Yield rose 7.8 per cent in the six month period.

Dreamliner delayed again

: Latest News; Monday, 30 August 2010

The first of Boeing's long-awaited B787 "Dreamliner" aircraft will not be delivered until early next year because of problems with availability of a Rolls Royce engine. A fan blade allegedly broke in engine testing.

Henan Air told to change name

: Latest News; Monday, 30 August 2010

The company whose aircraft was involved in last week's Chinese crash which killed 42 people and injured 54 has been told to change its name from Henan to Kunpeng Airlines because it's bringing China's Henan region into disrepute.

United, Continental merger given green light

: Latest News; Monday, 30 August 2010

USA carriers United Airlines and Continental Airlines have been given the okay to proceed with their merger.

Aer Arann under protection

: Latest News; Monday, 30 August 2010

Irish airline Aer Arann has gone into interim examinership - a form of court protection in Ireland that helps companies avoid closure if they can show that despite financial problems, the business is viable.

Mexicana closed

: Latest News; Monday, 30 August 2010

Mexico's debt-laden airline Compania Mexicana de Aviacion - Mexicana - and its budget airlines click and Link have closed.

Aer Lingus tips break even

: Latest News; Thursday, 26 August 2010

Irish carrier Aer Lingus has reported a narrower first-half loss - due to cost and route cuts, lower fuel prices and better yield - and said it expects to at least break even for the year.

BA reports wider Q1 financial year loss

: Latest News; Thursday, 26 August 2010

UK carrier British Airways says its first-quarter UK financial year loss - to end June - widened to GBP122 million compared to a loss of GBP106 million a year earlier. Sales fell 2.3 per cent to GBP1.94 billion.