TIGER MISSES THE MARK
Tiger Airways half-year profits of $S16 million has disappointed investors. The numbers fell way short of market expectations even though it improved on last year’s $S8 million loss. The future lo...
Tiger Airways half-year profits of $S16 million has disappointed investors. The numbers fell way short of market expectations even though it improved on last year’s $S8 million loss. The future lo...
WestJet Airlines has stated that it will start paying a quarterly dividend to shareholders for the first time. The initial quarterly dividend will be five cents per share, to be paid on January 21....
Shares in Spirit AeroSystems Holdings Inc., the maker of aircraft parts spun off from Boeing Co. in 2005, fell the $1.98 or 9.4% to $19.13 in trading yesterday, the most since February after third-...
Love Field Airport Modernization Corp., the local government entity that oversees the development of the Dallas, Texas home of Southwest plans to sell $310 million of tax-exempt debt today to help ...
Atlanta, which owns and operates the world’s busiest airport, plans to sell around $590 million in municipal debt, to help finance a new terminal at Hartsfield-Jackson International scheduled to be...
Goldman Sachs has reiterated its Neutral rating on Rockwell Collins Corp. and its $64 price target. In a note to clients, Goldman writes, “We remain Neutral rated on COL shares. While we are encoura...
Standard & Poor’s Ratings Services raised its outlook on AMR Corp. (AMR) yesterday and its American Airlines unit to stable on the holding company’s improved performance. The rating agency said Mond...
Transaero Airlines paid the second coupon income on 01 series bonds worth 253.56 million roubles. Promsvyazbank was appointed as a paying agent of the bond issue. The coupon rate was set at 16.95%. ...
Ilyushin Finance, part of United Aircraft Corporation (UAC), has announced that it will not hold an initial public offering in winter 2011 as previously planned. The company has stated it wont hav...
Indian state-owned oil firms yesterday hiked jet fuel prices marginally by less than 1%, in sync with a rise in global rates. Aviation Turbine Fuel (ATF) rates were increased by Rs. 299 per kilo-litr...
Air India has sought approval from the Reserve Bank of India (RBI) to convert a major portion of its Rs18,000 crore of working capital loans into term loans with a moratorium of two to three years o...
British Airways delivered its first profits in two years last Friday and received praise from brokers everywhere. But its shares then fell 2% in trading. The BA share price fell 5p to 275.9p at the ...
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