Chinese sovereign wealth fund China Investment Corporation (CIC) has purchased a 10% stake in Heathrow Airport Holdings (formerly BAA) through its wholly owned subsidiary Stable Investment Corp.
Emirates' first commercial flight to South Australia departed from Dubai on Thursday morning bound for Adelaide, significantly boosting the city's international flight capacity and connecting the region to Emirates' global network of more than 120 destinations.
Abu Dhabi-based Etihad Airways (EY) has been forced to postpone the launch of flights to Addis Ababa, which were scheduled Nov. 2, until further notice.
EasyJet (U2) has been awarded rights to operate between Milan Linate (LIN) and Rome Fiumicino (FCO), bringing to an end Alitalia’s (AZ) monopoly on this key Italian route.
Lufthansa will operate weekly Dusseldorf-Cardiff service May 4-Oct. 5. Vueling will operate new Barcelona El Prat service to Dresden, Rennes, Fez, Rhodes and Kos for the summer season beginning March 2013. VietJetAir launched daily Ho Chi Minh City (SGN)-Hai Phong Airbus A320 service. It will also launch SGN service to Hue (Nov. 22), Vinh (Nov. 15), Phu Quoc (Dec. 20) and Hanoi-Dalat (Dec. 7).
Abu Dhabi Airports Company (ADAC) has released the traffic report for Abu Dhabi International Airport during the month of September 2012, which indicated a 14.5% growth in passenger traffic compared with the same month in 2011, with 1.2 million passengers passing through its facilities.