Discovery Air, a specialty aviation services company operating across Canada and in select locations internationally, has announced it has entered into an agreement to complete a private placement of ...
Air Namibia will be injected with N$1.2 billion in government funds over three years as part of the turnaround plan outlined by Finance Minister Saara Kuugongelwa-Amadhila. This is double the cost tha...
Mohamed Munir Abdul Majid, chairman of Malaysia Airline, will leave the airline on July 31 when his contract expires as part of its restructuring process. No reason was given for his departure. Bernar...
Ryanair has closed its inaugural Euro currency, floating rate Eximbond via King International Leasing. The €155, 745 million bond, which priced on July 12 at three-month EURIBOR + 70 basis points. The...
Singapore Airlines’ market value has increased 0.9% to S$14.54 on the news the carrier has appointed Campbell Wilson, who has worked at the airline for more than 15 years, as chief executive officer o...
Shares in Kingfisher Airlines were down 1.6% to Rs 39 as the airline continues to struggle to pay its fuel bills. Hindustan Petroleum Corporation refused to refuel Kingfisher planes on Monday due to n...
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...
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...
Low-cost airline Interjet has called off its planned listing on the Mexican stock exchange yesterday due to unfavorable market conditions. Interjet said in a statement it decided not to go ahead with ...
Russian vice premier and finance minister Alexei Kudrin has confirmed that the government’s 51% stake in Aeroflot has been put on the extended list of strategically important enterprises scheduled for...
Zacks Investment Research has downgraded its recommendation on TAM to Underperform from Neutral. The analyst stated that they believe “the formation of LATAM due to the proposed merger of Lan Airlines...
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