Christoph Mueller, who turned around Aer Lingus as it was contending with budget airline Ryanair Holdings, faces a similar task as Malaysia Air struggles to fend off AirAsia Bhd., the region’s biggest low-fare carrier. (Photograph: Olivia Harris/Reuters)

Christoph Mueller will embark on one of the toughest jobs in aviation, turning around an airline that has lost two jets and 537 lives this year. The 5(...)

AWAS, an aircraft lessor focused on buying used jets mainly from other leasing companies, is owned by the private equity firm Terra Firma and  could be worth about $5 billion (€ 3.73 billion), for around 100 aircraft. Photograph: Owen Humphreys/PA Wire

Cheung Kong Holdings, the property firm led by Asia’s richest man Li Ka-shing, is seeking to buy into Dublin-based Awas Aviation Capital (AWAS), the c(...)

A passenger at Kuala Lumpur International Airport in Sepang, Malaysia, where flags have been flown at half mast. Photograph: Brent Lewin/Bloomberg

There has been much discussion in recent days about the future of Malaysia’s national flag carrier, Malaysia Airlines. Its MH17 was downed over Ukrain(...)

 Bomb disposal experts display explosives and hand grenades which had been meant for use by Pakistani Taliban militants at Jinnah International Airport in Karachi today. Photograph: Athar Hussain/Reuters

Their backpacks stuffed with food and ammunition, a squad of highly trained Taliban fighters last night attacked Pakistan’s biggest airport in what t(...)

Malaysia’s prime minister Najib Razak  arrives at the holding area for family and friends of passengers aboard missing Malaysia Airlines flight MH370, at Kuala Lumpur International Airport in Sepang today. Photograph: Samsul Said/Reuters

Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing this morning, has established a record(...)

Anti-government protesters take part in a march at parliament  today in Bangkok, Thailand. Photograph: Lam Yik Fei/Getty Images

About 1,000 anti-government protesters forced their way into the compound of the Royal Thai Army headquarters in Bangkok today, the latest escalation (...)

Airport staff work around a Thai Airways plane that skidded off the runaway while landing, as another takes off in the distance, at Bangkok’s Suvarnabhumi Airport. Photograph: Athit Perawongmetha/Reuters

An Airbus 330-300 operated by Thai Airways skidded off the runway at Bangkok’s main international airport after the nose wheel collapsed on landing la(...)