Hong Kong’s Cathay Pacific Airways has issued a profit warning, cautioning investors that its financial results are likely to be “disappointing” this year due to increased fuel costs.
The Oneworld alliance carrier says in a Hong Kong stock exchange statement: “The financial results of Cathay Pacific Airways for 2008, including those for the first half, […]

British Airways (BA) is to buy French all-premium operator L’Avion in a £54 million ($108 million) deal and will integrate it into its newly launched OpenSkies transatlantic subsidiary.
BA’s OpenSkies unit, which launched operations last month on the Paris-New York JFK route, already codeshares with L’Avion. Privately-owned L’Avion currently operates two Boeing 757s on flights […]

Rolls-Royce expects to freeze the design of the baseline Trent XWB turbofan by the end of July and sees no significant implications from Airbus’s recent…

Launch of the third and final Inmarsat I-4 satellite on board a Proton rocket has been scheduled for 14 August.
Inmarsat launched the first two I-4 satellites in 2005. The satellite network provider’s new, higher-bandwidth aeronautical service, SwiftBroadband, will be accessible worldwide - except the extreme polar regions - following the successful launch of the […]