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A decision by air traffic control provider Airways NZ to increase its prices has put the state-owned company on a collision course with airlines, who say it is being monopolistic and endangering tourism. Airways has announced it will increase the
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He is expected to deliver his final address outlining the achievements the national carrier has made during his three-year tenure. Mr Pflieger will be remembered as the CEO who managed to turn the company around, purchase brand new wide-body aircraft
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When the Government confirmed its mixed-ownership model strategy, it was taken for granted that Air New Zealand would be the tail-end Charlie. Turbulence had become a byword for all things associated with the airline industry. Shares in the power
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shares traded Naresh Goyal is known to be a hard-as-nails negotiator usually getting into details till the last penny. His fierce critics, and they come aplenty, often dub him as a man who can manoeuvre his way through the system.
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Korean flag carrier Korean Air says it has finalised a deal to buy a 44 per cent stake in troubled Czech Airlines (CSA) in a bid to expand lucrative long-haul routes to Europe. With the deal signed on Wednesday, Korean Air has become the second-
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The aviation industry has proved to be a real trigger for economic development and growth in the Mena region, not cash flows, particularly in the GCC. He added that the aviation industry has generated significant growth in Dubai and Abu Dhabi and
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He said Etihad Airways' unique business model which is a combination of organic growth, codeshares and minority equity investments was proving very effective in building passenger numbers, revenue and profit for all its partners. The traditional
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Kith Meng, chairman of Royal Group a hotel, media and telecoms empire inked the deal late on Tuesday with the Manila-based firm, which already owns a controlling stake in Philippine Airlines (PAL), according to a statement. The Cambodian businessman
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The Polish government has devised a plan to sell off LOT airlines, the deeply indebted state-run flag-carrier. Revealing the draft law for the airline's privatization, Prime Minister Donald Tusk said Tuesday that disposing of the airlines would be
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Major international airlines on average delivered 77.64 per cent of their flights to the arrival gate within 15 minutes of schedule in February, down slightly from January's 78.27 per cent, according to FlightStats.com. The average on-time departure
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