CIMBER STERLING GETS FUNDING
Cimber Sterling announced has announced that it has in effect been sold off. The airline has secured an agreement with Mansvell Enterprises to inject DKK165 million ($32 million) in the Danish carrier...
Cimber Sterling announced has announced that it has in effect been sold off. The airline has secured an agreement with Mansvell Enterprises to inject DKK165 million ($32 million) in the Danish carrier...
BAA appointed Normand Boivin COO for London Heathrow. Boivin is currently serving as operations director for Aeroports de Montreal and will join BAA at the end of August. ...
A mandate that requires airlines to use biofuels would help speed large-scale adoption of renewable aviation fuels, according to a Neste Oil executive. Airlines have made tentative steps towards u...
UK air navigation services provider NATS, paid £40 million ($64 million) in dividends to its shareholders after posting a pre-tax profit of £106.1 million for its fiscal year ending March 31, a 37.3...
Aer Lingus has blamed the threat of strike action by pilots that hung over the airline last month as one of the reasons why its booked passenger traffic for June fell 1.7pc to 925,000. The airline s...
The airline pilots’ union Balpa says it is lifting the threat of strike action at Virgin Atlantic. Balpa said it had secured a new offer from the airline, which it will present to its members in the...
Alfa Group’s investment arm A1 decided to sell its 51% stake in Avianova in late 2010, said Dmitry Chernyak, former managing director of the investment group, who quit in March this year. As repor...
The Air Transport Association of America, together with American Airlines and the United Continental group, told the European Court of Justice in Luxembourg yesterday that the European Union should no...
Cabot Aviation has arranged the sale of one B757-200ER aircraft on behalf of Flycraft 11 Ltd. The aircraft has been acquired by Wings Aviation Inc. The aircraft is serial number 30233 and is powered...
The International Air Transport Association’s (IATA) Airlines Financial Monitor May/June 2011 report states that airline share prices have fallen 12% so far this year even though worldwide share price...
Latvian national carrier airBaltic, which is 53% owned by the Latvian government and 47% owned by Baltic Aviation Systems, an offshore investment vehicle of President and CEO Bertolt Flick, made a los...
Irish low-cost airline Ryanair carried 7.33 million passengers in the month of June, 9% more than in June 2010. Load factor was the same for the previous year at 84%, however. In the 12 months ending ...
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