Airline Industry News
Kingfisher Outlook Dims As Bank Denies Loan
2012-02-22 22:18:55Airwise Airline News
State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to offering a lifeline.
Air Canada Mechanics Reject Deal
2012-02-22 22:37:20Airwise Airline News
Air Canada's 8,600 mechanics, baggage handlers and cargo agents have rejected a tentative agreement with the country's biggest airline, a union spokesman said on Wednesday.
Air France-KLM Raises Summer Capacity 0.6 Pct
2012-02-22 12:35:42Airwise Airline News
Air France-KLM plans to limit capacity increases on its flights this summer season to 0.6 percent because of an uncertain economic environment, it said on Wednesday.
Dragonair To Expand Fleet By 20 Percent
2012-02-22 13:01:25Airwise Airline News
Dragonair, a unit of Hong Kong's dominant carrier Cathay Pacific Airways, said on Wednesday that it plans to expand its fleet 20 percent this year by adding six aircraft and will hire more staff to meet growing demand in Asia.
Cebu Pacific Signs A330 Lease Deal
2012-02-22 11:14:30Airwise Airline News
The Philippines' largest budget carrier, Cebu Pacific, said on Wednesday it had signed operating lease deals for four new Airbus A330-300s with CIT Aerospace, as it seeks to serve new markets outside Asia.