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Top World Airline News News

Boeing · United StatesShares of planemaker Boeing, fell 8% in premarket U.S. trading on Thursday after an Air India 787-8 Dreamliner aircraft with 242 people crashed minutes after taking off from India's western city of Ahmedabad. India's federal health minister said "many people" were killed in the crash. The plane was headed to Gatwick Airport in the UK, with police officers saying it crashed in a civilian area near the Ahmedabad airport.See the Story
Boeing shares fall 8% after Air India Dreamliner jet crashes
49% Center coverage: 151 sources

BusinessHOLLYWOOD, Fla. (AP) — Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean. “Please do not go to the airport,” the Hollywood, Florida-based company posted on its website. The statement said Silver had sold its assets through the Chapter 11 bankruptcy proceeding to a hold…See the Story
Regional Carrier Silver Airways Says It’s Shutting Down Operations
65% Center coverage: 60 sources

BusinessStory by Reuters (Reuters) — Australia’s Qantas QAN.AX said on Wednesday it will close Jetstar Asia, the group’s Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers. The move will free A$500 million ($326.40 million) in capital for the flag carrier to invest in its fleet renewal plans. Qantas said that 13 Jetstar Asia Airbus A320 aircraft will be progres…See the Story
Qantas to Close Low-Cost Arm Jetstar Asia
38% Left coverage: 40 sources
Norfolk Southern Board of Directors Elects Richard Anderson as Chair
70% Center coverage: 33 sources