Tail Winds sells stake in Jet Airways
Tail Winds has sold a 7.89% stake in Jet Airways for over Rs 211 crore in the open market. Tail Winds used to hold majority of promoter shares till some months ago. Under the proposed deal with Etihad...
Tail Winds has sold a 7.89% stake in Jet Airways for over Rs 211 crore in the open market. Tail Winds used to hold majority of promoter shares till some months ago. Under the proposed deal with Etihad...
Bombardier Aerospace has announced that Iraqi Airways, the national carrier of Iraq, has signed a letter of intent (LOI) to acquire five CS300 mainline jetliners. The LOI includes options on 11 CS300 ...
A study by Amadeus has shown that low cost carriers (LCCs) in the Middle East have increased seat capacity to 13.5 million during the first half of 2013. flydubai has launched flights to 65 destinatio...
Low Cost Carrier (LCC) Air Arabia has confirmed that it will remain a LCC rather than shifting to a more hybrid model offering premiums services on some routes like its rivals, Adel Ali, flydubai and ...
Qatar Airways has confirmed that it will launch domestic operations in Saudi Arabia in the first half of 2014, the chief executive of the airline said on Monday. Al Maha Airways will fly from the main...
The Republic of Chechnya and Bahrain has reached an agreement to establish a new airline. The decision was agreed at a meeting between the head of Russia's North Caucasus Republic of Chechnya, Ramzan ...
TUI Travel has completed an order for two 787-8 Dreamliners. The deal, worth $424 million at current list prices, extends TUI Travel's 787 commitment to 15 airplanes. The purchase was originally attri...
Jagson Airlines intends to re-start operations shortly. The airline, which was originally cleared for operations in 2009, is reported to have appointed some crew members and engineers. However sources...
Garuda Indonesia’s low-cost subsidiary Citilink posted a net loss of $44.7 million in the first nine months of 2013. Operating revenue ended 30 September stood at $198 million while it made an operati...
Although a year remains on the existing codeshare agreement between Qantas and South African Airways, the Australian airline is looking at alternative arrangements. Analysts predict that Qantas is mos...
Taiwan's China Airlines is planning to reveal plans for a new low-cost carrier in December. China Airlines Chairman Huang-Hsiang Sun said he expects faster growth in the low-cost market in northeaster...
Etihad Airways has announced a firm order for 87 Airbus aircraft, plus purchase rights for a further 30, to support the global expansion of its operations. The order represents an investment of up to ...
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