Thai Airways: Reaching New Heights

Each year, more than 17 million tourists and members of the international business community descend on…

Lufthansa joins list of government bail-outs

Lufthansa bail-out: Lufthansa has become the latest flagship airline to be bailed out by its national…

Athens hoping for €6bn boost from privatisations in next 18 months

Greece is looking to raise up to €6bn from the sale of ports, airports and utilities…

Erdogan opens Eurasia Tunnel but what next for other mega projects?

With a third bridge across the Bosphorus already completed last summer and this week’s opening of…

South Korea agrees to build $350m terminal for Tashkent airport

Tashkent airport: The South Korean government yesterday agreed to invest $250m in the construction of a new terminal…

Moscow looking to sell off Aeroflot’s Rossiya Airline subsidiary

Just days after shelving plans to privatise Aeroflot, Moscow is considering selling off the national carrier’s…

Aeroflot privatisation put off until 2020 – but Bashneft sale still on the cards

Aeroflot privatization: Russia’s flagship national airline will not be privatized before 2020 at the earliest, the Economic…

Freight forwarders fear Brexit may impact on Heathrow airport expansion

Heathrow airport expansion: The UK freight forwarding industry yesterday voiced concerns that last week’s vote for…

Russia unveils MC-21 mid-range passenger plane in bid to rival Boeing

Amid the fanfare of a ceremony in a Siberian factory that was attended by Prime Minister Dmitry Medvedev this…

Lufthansa boss Carsten Spohr on mission to sign JV with Air China

Deutsche Lufthansa CEO Carsten Spohr is due to  travel to Beijing with German Chancellor Angela Merkel next week…

Asian budget carriers join forces to set up Value Alliance

Value Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s…

Beijing earmarks $12bn for major upgrade of Chinese airports

Chinese airports: China is ready to invest $11.9 bn in the country’s civil aviation sector’s infrastructure, particularly its…

Lockheed Martin ready to build F16 jets in India as G2G talks continure

US fighter jet manufacturer Lockheed Martin  is ready to set up a plant to produce its F-16 aircraft…

India offered stake in Imam Khomeini Airport expansion

Iran has offered India a stake in the proposed Imam Khomeini  airport expansion as part of…

Canada to lift sanctions of sale of Bombardier aircraft to Iran

The Canadian government  has announced that is planning to lift the sanctions prohibiting Bombardier  from selling its…

Iran Air agrees $10bn Airbus deal before sanctions are even lifted

Iran has agreed to buy 114 Airbus Group SE aircraft for its state carrier Iran Air, the…

Beijing plannning to invest $11.7bn in Chinese airports to meet rising demand

Chinese airports: The authorities in Beijing are gearing up to  to invest $11.7bn in the country’s…

Dutch NACO consultancy wins Tehran IKIA airport town contract

IKIA airport: The Netherlands Airport Consultant Company (NACO) has been awarded a five-year contract to provide…

German operator wins concession to run 14 Greek airports

After months of negotiations, Frankfurt Airport’s management company Fraport has been granted the right to operate…

Air Astana removed from EU blacklist and privatisation programme

Kazakhstan’s national carrier Air Astana has been cleared to operate flights in Europe next year after the…

Mexico buys 30 Sukhoi Superjets

Mexico has acquired 30 Sukhoi Superjet 100 aircraft from Russia, its ambassador in Moscow  Ruben Beltran…

Russia and China sign $2bn Sukhoi Su-35 fighter jet deal

Russia has agreed to sell 24 Sukhoi Su-35 jets to China for more than $2bn, the first…

Ilyushin set to resume mass production of IL-96

Fear of further sanctions has prompted Russia to consider resuming mass production of the four-engine Ilyushin Il-96…

Turkish Airlines top foreign Russian carrier as exodus picks up pace

 Turkish Airlines has become Russia’s top foreign airline as its competitors continue to cut flights in the…