Chinese carrier prepare for economic slowdown
China Southern Airlines has stated that it expects its net profit in the first quarter to fall by over 50% in line with a slowing Chinese economy and rising jet fuel prices. "Due to the factors includ...
China Southern Airlines has stated that it expects its net profit in the first quarter to fall by over 50% in line with a slowing Chinese economy and rising jet fuel prices. "Due to the factors includ...
Air India is seeking to raise working capital loans up to $1 billion from overseas markets, after the government approved the airline’s turnaround plan that will allow it to borrow up to $1 billion an...
Delta Air Lines is investing more than $1.4 billion at LaGuardia and JFK Airports to position itself as the main New York carrier. The airline is building a $160 million renovation at LaGuardia Airpor...
Emirates, which is considering refinancing $550mn of sukuk maturing in June, may pay 339 basis points over similar maturity midswap rates, or about 4.55%, says Bloomberg. This is below the average yie...
EgyptAir has posted a 75% fall in profits in 2011. Although the carrier has cut costs by 30%, profits were still down to $12 million. Civil unrest in Cairo has severely affected traffic but the airlin...
Emirates Airline is seeking to increase its bilateral rights with India as part of its expansion in the region. The airline is in talks with the relevant authorities to expand bilateral rights and has...
Israeli officials told Jet2 that 13 people – Mick Napier and nine other people from the Scottish Palestine Solidarity Campaign – booked on a flight to Ben Gurion airport would not be allowed into Isra...
Ocean Sky, one of Europe’s fastest growing private aviation companies, has announced a multi-million pound transformation of its private jet base (Fixed Base Operation / FBO) at London Luton Airport, ...
Virgin Atlantic is appealing against the European Commission’s approval of International Airlines Group’s acquisition of BMI. “We will challenge every aspect of this process which if allowed to stand,...
Russian Development Bank’s VEB-leasing has agreed to finance four A380s for Transaero Airlines, which will be the first A380 Russian customer. Transaero currently operates 19 747s, 13 777s, 14 767s, 2...
Sueddeutsche Zeitung newspaper has reported that a German investor Rudolf Woehrl is interested in bidding for Thomas Cook’s Condor airline. Woehrl previously bid to acquire 52% of Air Berlin with a gr...
With so much going on in the world it is easy to overlook stories so today I will try to redress the balance with a few words on West Africa. It is the most populous country in Africa, and given its r...
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