Banks working to restructure the debt packages of both Kingfisher Airlines and Paramount are reported to have approached the Reserve Bank of India (RBI) to treat aviation debt as standard assets rathe...
India has invited companies to participate in its aviation sector, says Civil Aviation Minister Praful Patel: "Though India has achieved a lot of progress in this area in a short span of time, still w...
Ghaith Al Ghaith, FlyDubai CEO explained yesterday at the Low Cost Congress in London how the airline has been successful at adapting the traditional low cost model to meet the requirements of the env...
Japan Airlines will need to make a number of redundancies to meet a target of reducing staff numbers by a third as it restructures under bankruptcy protection. The carrier needs to eliminate a further...
Kingfisher Airlines CEO, Vijay Mallya confirmed yesterday that: "There are several employees on our rolls whose presence in the organisation will be reviewed. We will look at some structural changes i...
Joseph Lopano has been selected to be the next executive director of Tampa International Airport by the Hillsborough County Aviation Authority board. Lopano replaces Louis Miller, who vacated the posi...
Bombardier has confirmed speculation by announcing it has approved the launch of a new large business aircraft to help it fend off competition from rival Gulfstream's new G650. The Montreal-based comp...
Oil prices advanced again on Thursday on upbeat economic news that could hint at improving demand for energy products. Benchmark oil rose $1.04 to $78.90. ...
Ethiopian is to forge a joint venture company with LSG, Lufthansa’s subsidiary company that specialized on catering services. LSG has been managing Ethiopian catering facility for the past three years...
Etihad has accused Qantas CEO, Alan Joyce, of attempting to deflect attention from the Australian airline's ''own issues'' after he attacked Etihad's profitability and the viability of its alliance wi...
Martin Broadhurst has announced his intention to step down from his role as chief executive of Marshall Aerospace during the first quarter of 2011 after 15 years as CEO with the company. Broadhurst wi...
Delta TechOps, has signed a three-year, multimillion dollar contract with Danish based Cimber Sterling Airlines to provide time and materials services for 11 CFM56-7B engines and Honeywell GTCP131-9B ...
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