AVG wins Olympic court battle
Aviation Capital Group (ACG) has prevailed in its litigation with Olympic Airlines (Olympic). In a case that has attracted considerable attention in the aircraft leasing industry, the English High Cou...
Aviation Capital Group (ACG) has prevailed in its litigation with Olympic Airlines (Olympic). In a case that has attracted considerable attention in the aircraft leasing industry, the English High Cou...
Following his recent appointment to the board of Flybe, British Airways has requested Lord Jones of Birmingham step down from his advisory role due to the potential conflict of interest now that BA ha...
The Sukhoi Superjet 100 (SSJ100) aircraft has been certified to operate in the high north latitude area. The jet was approved after completing trials at Yakutia’s Tiksi Airport, which is 71.7 degree o...
With the creation of a maintenance business in Shannon, Ireland, Transaero says it will create about 100 new jobs. Transaero Engineering, formed by Transaero’s recent purchase of Air Atlanta Aero Engi...
Turkish Airlines has applied for Indian aviation ministry's approval to extend the bilateral limits between Turkey and India to enable it to increase its number of flights. “We want to increase the nu...
As we already know, Air India has turned down the request of travel agents to defer the implementation of weekly remittance plans and accept credit card bookings. But there is a more significant side ...
Stephan Gemkow, chief financial officer of Lufthansa, has unexpectedly quit after 22 years of service at the airline and six years as CFO. ...
Safran, which owns civil engine manufacturer CFM International, has posted a 15.9% increase in Q1 revenue bringing to total for the period to €3.1 billion ($4.1 billion). The growth was due to the s...
Dublin based aircraft lessor, AWAS, has announced that it has delivered a second new Airbus A320 passenger aircraft to S7 Airlines in Russia. "This deal illustrates our continued belief in S7's su...
Lufthansa is still evaluating how many jobs it plans to cut as a result of its cost-reduction programme. The statement comes in response to a newspaper report that the airline would cut some 3,000 a...
As we reported yesterday Lufthansa is considering setting up a new low-cost subsidiary. The new carrier, which will take over the airline’s European flights, will be called “Direct 4 You” and will r...
Three oil price forecasts were received yesterday all supporting a select group of high profile analysts as the backbone for the same. Here following I have taken them and averaged the same out lend...
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