Kingfisher Airlines seeks funds from UB Group
The UB Group, the promoter of Kingfisher Airlines, will infuse fresh funds into its grounded carrier from its own coffers and through a strategic international investor, according to press reports cit...
The UB Group, the promoter of Kingfisher Airlines, will infuse fresh funds into its grounded carrier from its own coffers and through a strategic international investor, according to press reports cit...
Air New Zealand has bought 49.1 million Virgin Australia shares to retain its ownership stake at 19.99%. The move was prompted by Singapore Airlines joining the shareholder register to buy a 10% stake...
Aerolineas Argentinas is considering both the A350-900 or the 787-9 for a replacement to its A340-A330 fleet. Guillermo Rudaeff, vice-president of business development and alliances at Aerolineas, con...
Synergy Group Corp., the conglomerate that owns AviancaTaca and headed by German Efromovich, is reported to be preparing a final binding offer for Portuguese airline TAP before the December 7 deadline...
For reasons beyond its control, Bahrain Air has been forced to reduce or cancel flights to 11 cities. Routes to Dammam and Dhaka have been withdrawn and flights to Amman, Beirut, Doha, Dubai, Jeddah, ...
Air Malawi has been placed in voluntary liquidation by its government after two failed restructuring attempts. A new company, Air Malawi (2012), has been created that will attract an equity partner. “...
Although no flights at South Africa’s Johannesburg O.R.Tambo International Airport have been disrupted, the Airports Company South Africa (ACSA) is experiencing a breakdown in its A1 fuel supply to th...
Pilots and crew members protesting for more pay and better working conditions at Linhas Aerrreas de Mocambique have gone on a one-day strike, grounding the carrier since Sunday. ...
Kenyan regional airline, Jetlink Express, has ceased operations until further notice. The airline has been impacted by the shutdown of South Sudan's oil market, which caused it to ground nearly eight ...
After a series of disagreements with majority owner of Cargolux, the government of Luxembourg, over its future direction, Qatar Airways is likely to sell its 35% stake in the cargo carrier back to the...
Scandinavian airline SAS is seeking 100,000 kronor in damages from a man charged with making a fake bomb threat after missing his flight to Malta from Stockholm. The flight was about to depart when t...
Investec Aviation Finance has closed its aircraft fund, Investec Aircraft Syndicate Limited (IASL). IASL will invest $500m in new generation, fuel efficient aircraft on lease to a number of leading ai...
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