Airline industry

The Latest

  • Warren Buffett Takes Advantage Of Dip And Raises Stake In Delta Air Lines
    Berkshire Hathaway
    Warren Buffett, through his investment firm Berkshire Hathaway, purchased an additional 976,507 shares of Delta Air Lines for $45.3 million.
  • Air Italy Halts Operations And Goes Into Liquidation
    Air Italy
    The owners of the privately-owned Italian airline, Air Italy, have decided to close up shop and liquidate the company.
  • Boeing Received Zero Plane Orders In January Amid Ongoing 737 Grounding
    Boeing 737 Orders
    For the first time in decades, Boeing reported a negative order rate last year, with zero orders again for the first month of this year.
  • New Delhi To Sell Entire Stake In Troubled Air India
    Air India
    India's civil aviation ministry has opened bidding for a 100 percent stake in the country's national carrier Air India.
  • China's Domestically-Built COMAC C919 Jet Aces Flight Tests In Shanghai
    COMAC C919 Jet
    The fifth version of the COMAC C919 narrow-body twinjet airliner successfully completed its maiden flight in Shanghai.
  • Vietnam's Bamboo Airways Targeting $100 Million For Its 2020 IPO
    Bamboo Airways
    Vietnam's Bamboo Airways plans to use the funds it raises with its IPO to acquire at least 30 percent of the domestic aviation market.
  • Airbus To Bolster Chinese Business To Support Increasing Asian Demand
    Airbus China
    Airbus announced this week its plans to significantly boosting its business in China with the expansion of key facilities.
  • British Airways Pilots Call Off Strike In Latest Move Against Airline
    British Airways
    Due to the canceled pilot's strike, British Airways will now have to scramble to reinstate as many flights as it can, causing major inconvenience to passengers.
  • Permira To Acquire Major Stake In Hong Kong Aircraft Parts Maker Topcast
    China Aviation Industry
    European private equity firm Permira is set to purchase a majority stake in Chinese aircraft parts maker Topcast Aviation Supplies.
  • Computer Glitch Forces British Airways To Cancel Flights In London
    British Airways
    British Airways was forced to cancel more than 100 flights out of London due to a computer glitch affecting its check-in and flight start systems.
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