Foreign investors closer to approval in India
The Indian Finance Ministry has backed a proposal by the Department of Industrial Policy and Promotion (DIPP) to allow foreign airlines to acquire up to 26 per cent stake in domestic carriers. An over...
The Indian Finance Ministry has backed a proposal by the Department of Industrial Policy and Promotion (DIPP) to allow foreign airlines to acquire up to 26 per cent stake in domestic carriers. An over...
Kingfisher Airlines shares rose by 2.49% today to Rs24.65 at the close on the back of news that the government has asked the Life Insurance Corp (LIC) to “consider” buying 10% stake in the airline. Th...
We told you the orders were coming but even I didn’t expect such a large order to be placed for the 737Max. As expected, Aviation Capital Group has confirmed its commitment to purchase 35 737Max and a...
The Air Transport Association of America (ATA) is suing The Export Import Bank of America (Ex-Im) in a bid to block the $3.4bn loan guarantees for the Air India Boeing 787 order. The ATA maintain that...
The Air Transport Association of America (ATA) is suing The Export Import Bank of America (Ex-Im) in a bid to block the $3.4bn loan guarantees for the Air India Boeing 787 order. The ATA maintain that...
It’s been a good show for both Boeing and Airbus in Dubai this year, with both manufacturers announcing large orders. Despite Boeing’s bumper win for 50 777s from Emirates, most of the press attention...
What a great 48 hours at the Dubai air show it has been – The Qatar Airways deal – the centrepiece of the Dubai Air Show for Airbus – has been on and off more times than I am able to report, with Al B...
China Eastern Airlines successfully closed an aircraft financing deal for one A320-200 under a French Lease combined with ECA debt structure. Credit Agricole – Corporate and Investment Bank (CA-CIB) a...
Republic says it will bring advisers on board to help find a buyer for Frontier Airlines. "We think that airline is going to be attractive either to private equity or to our shareholders or potentiall...
Readers of this daily news service will be comforted by the fact that everything happening in the market at the moment is doing so as we predicted over 12 months ago save for the occasional interestin...
Ryanair increased its 2011 profit forecast by 10% today, saying higher revenues per passenger mile would offset higher fuel prices. Ryanair said it had seen virtually no impact from the downturn in co...
All eyes are turning towards the US airline industry as the holiday season approaches. JetBlue was pummelled in the press yesterday for its nine hour tarmac delay at Bradley International and its shar...
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