During 2012 investors have turned circles from pulling out of markets at the start of the year fearing a EU meltdown to looking for safe havens in government bonds and back to the current status quo o...
Under a new deal, France and Germany will each hold a 12% shareholding in EADS with Spain holding a 5.5% stake, reports German newspaper Handelsblatt. Currently Daimler owns 22.5% of the voting stock ...
Alexandre de Juniac, chief executive of Air France, has stated to press that he expects to complete talks with Rolls-Royce on providing an engine maintenance agreement for the 25 A350 aircrafts the ai...
If you are an investor in airline portfolios or have an interest in fuel prices then this is for you: Fuel price is the big headache that keeps the airline finance staff awake at night, therefore we ...
From 1 December 2012, Singapore Airlines customers will be able to fly to the Greek cities of Athens and Thessaloniki through a codeshare agreement with Star Alliance partner Aegean Airlines. Under th...
Turkish Airlines (THY) has selected GE's CF6-80E1 engines to power its fleet of 15 firm Airbus A330-300 aircraft. Delivery will begin next year. THY has also signed a 12-year OnPoint solutions agreeme...
Turkish Airlines (THY) has ordered 15 GE90-115B-powered Boeing 777-300ER aircraft with options for five additional aircraft. Delivery will begin in 2014. THY has also signed a long-term OnPointSM solu...
Monarch Aircraft Engineering (MAEL), the aircraft maintenance provider, has announced plans to significantly expand its operations with a new 110,000 sq. ft state-of-the-art maintenance facility, crea...
In the first nine months of 21012, Turkish Airlines increased its sales revenue by 30% to 11.2 Billion TRY and recorded 1.08 Billion TRY operating profit. Net Profit increased by 655% compared to pre...
During the 12 months to 30 September 2012, easyJet earned £317 million in profits before tax – a rise of 27.9% over last year. The low-cost airline’s pre-tax profit margins grew by 1 percentage point ...
In a new restructuring plan for Iberia presented by Willie Walsh, chief executive of International Airlines Group, the Spanish airline is to shed 4,500 jobs. Walsh said that “there have been far too m...
In a bid to offset the onward march of the Gulf carriers, Lufthansa and Turkish Airlines are discussing ways to cooperate more closely. The two airlines may expand existing code-share agreements or br...
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