Korean Air is to next year launch a low-cost subsidiary carrier to be called Air Korea in a bid to challenge new competitors.
Air Korea will have flights to China’s Shandong and Hainan provinces next year, according to Xinhua News. The new company is expected to begin its operation in May, with flights from Korea’s Incheon [...]
Hawaiian Airlines will replace its Boeing 767 fleet with all-Airbus widebodies under agreements reached with Airbus and Rolls-Royce.
Hawaiian Airlines will acquire six Rolls-Royce Trent XWB-powered A350 XWB -800 aircraft and six Rolls-Royce Trent 700-powered A330-200s, with purchase rights for an additional six of each type.
The first A330-200 will be delivered by Airbus in 2012 and [...]
China’s government reached agreement with Airbus yesterday on firm orders for 110 A320 family aircraft and 40 A330s valued at approximately $15 billion and also signed an MOU with the manufacturer stipulating that Chinese industry will take a 5% stake in A350 XWB production.
Brazil’s OceanAir placed a firm order for seven A330-200s, 14 A319s and seven A320s collectively valued at $2.65 billion, Airbus said.
Deliveries will begin in 2009. OceanAir is owned by Synergy Group, also parent of Colombia’s Avianca. Synergy Chairman German Efromovich told reporters in Sao Paulo yesterday that he wants to grow OceanAir’s domestic market share [...]
