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Qatar Airways Drops Bid for American Airlines Investment

Doha, Qatar-based Qatar Airways announced Wednesday they will not invest in American Airlines as they had previously intended. The U.S. carrier had vigorously opposed the investment. “Further review of the proposed financial investment, taking into account the latest public disclosure…

IndiGo Posts Record Profit Driven by Domestic Traffic Growth

Low-cost carrier and India's largest airline by passengers and fleet size, IndiGo, has just posted its highest ever quarterly profit at Rs. 811 crore, or $127 million. The Delhi-based airline is one of few airlines in India which consistently posts…

Qantas Quickly Approaching Its Foreign Ownership Ceiling

Given the airline’s continued growth and resurgence in stockholder value, Qantas revealed that foreign owners now control 46.73 percent of its shares, just shy of its 49 percent cap on foreign ownership. Qantas, which also owns subsidiaries Jetstar Airways and…

Qatar Airways Enters Codeshare Agreement with oneworld Partner, LATAM Airlines

Doha-based Qatar Airways has announced that it has entered in to a codeshare agreement with LATAM. This move has come as Qatar Airways plans to expand its South American route network and connectivity for its passengers. Qatar began operations to…

Silver Airways Announces Fleet Renewal Effort and Leadership Change

On Tuesday, Fort Lauderdale-based Silver Airways announced a major order for new aircraft and a changeup in leadership. The order will see a new aircraft type enter the fleet that will help to replace the airline's fleet of aging Saab…