Airlines lost USD$3 Billion in First Quarter

The world's airlines lost more than USD$3 billion in the first quarter of 2009, the International Air Transport Association (IATA) said Tuesday, maintaining its estimate for full-year losses of USD$9 billion. More

New orders lift aviation industry spirits

Fast-growing Qatar Airways placed a $1.9 billion order for 24 short to medium range Airbus A320 aircraft, dispelling some of the prevailing aerospace industry gloom at the biannual Paris Air Show. More

Paris Air Show haunted by jet crash, economy

Gloomy aviation leaders gather for the Paris Air Show on Monday expecting limited new business to bolster an industry mourning the AIr France jet disaster, economic crisis and new concerns about swine flu. More

Incheon voted world's best airport

South Korea's Incheon International Airport was voted the best in the world for 2009 in an annual survey dominated by Asian airports. More



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