Emirates is completing roadshows in London today for its 10-year amortising Islamic bond, sukuk. Early price talk for the sukuk, which is expected to be around $500m with an average weighted life of f...
Air Zimbabwe is planning to acquire two new Embraer aircraft to service its domestic and regional routes. AirZim board chairman Ozias Bvute told a parliamentary portfolio committee on state enterprise...
Air Arabia has taken delivery of its second A320 aircraft. The airline has now received 16 of the 44 A320 aircraft it ordered from Airbus in 2007. The low-cost carrier expects four more aircraft to be...
Fastjet senior managers are meeting with the liquidator of South Africa's 1Time in a bid to re-launch the airline. "Fastjet has an option with the 1Time liquidator to acquire what is left of the busin...
Boeing and KLM Royal Dutch Airlines have begun a series of commercial flights that will demonstrate how several advanced technologies, fuels and concepts can significantly improve operational efficien...
In the November-January 2013 period, SAS Group narrowed its net loss to 630 million kronor (€76 million) from 2.5 billion kronor a year earlier. Revenue rose 6.3% to 9.6 billion kronor from 9.3 billio...
Maltese business jet operator Maleth Aero has added three aircraft to its fleet through a management contract with Swiss company SkyWork Executive. A new Beechcraft 90 GTX, a Beechcraft 350i and a Ces...
Media reports, unconfirmed by the airline, have stated that Virgin Atlantic is heading for record losses of as much as £135 million. The loss may results in job cuts and pay freezes although the airli...
The board of directors of Vueling, the Spanish low-cost airline, have unanimously rejected a full takeover bid by Britain's International Airlines Group (IAG). IAG’s offer of €7 a share for the 54% of...
An airline is reported to being under investigation for any involvement in the sale of one of its older aircraft that ended up in Iran. Financial services firms are only too aware of the importance of...
India is intending to replace its Directorate General of Civil Aviation (DGCA) with a more powerful Civil Aviation Authority (CAA) that would have greater financial and operational authority than the ...
The Australian Competition and Consumer Commission (ACCC) has delayed its decision on a proposal by Virgin Australia to take a controlling interest in rival Tiger Airways Australia. The Commission req...
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