Concern over high fuel prices failed to harm Air China's long-awaited initial public offering (IPO), which raised a total of HK$8.36 billion ($1.07 billion). The offering represented 31% of its enlarged share capital, and Hong Kong's Cathay Pacific Airways acquired a 9.9% stake in the airline as part of an agreement announced before the IPO.
Source: Airline Business
The US Department of Justice (DOJ) is taking another 10 days to review Alaska Air Group’s proposed acquisition of Hawaiian Holdings, with the airlines now agreeing not to close their planned deal before the period ends on 15 August.
Embraer’s automatic take-off system for the E2 is intended to offer increased range by balancing various criteria in order to ensure greater accuracy and efficiency during rotation. The airframer aims to make the Embraer Enhanced Take-off System – or E2TS – available from the fourth quarter of next year. Embraer ...
Air New Zealand has axed its interim climate targets, stating that measures needed to meet the target were unaffordable and not readily available.
