S&P upgrade for AWAS
Dublin based aircraft lessor, AWAS, has had its corporate rating raised to a BB+ by S&P. Simon Glass, AWAS Chief Financial Officer, stated, “We are very pleased that S&P has recognised the active ste...
Dublin based aircraft lessor, AWAS, has had its corporate rating raised to a BB+ by S&P. Simon Glass, AWAS Chief Financial Officer, stated, “We are very pleased that S&P has recognised the active ste...
Malaysian Airlines has stated that it will rethink its India strategy due to the steep increase in Delhi airport charges and the demand for a further hike by other major airports. "The hike in airpor...
South African low cost airline has requested help from the government in the form of "a reduction in the fuel levy and taxes to the aviation industry to reduce the significant cost of fuel". Writing t...
A "transition plan" drawn up by the former board of directors of South African Airways (SAA) has indicated that the airline will report a loss of R1.25bn for the past financial year, while the airline...
UK Defence Secretary Philip Hammond has declared that France and Germany must reduce their stakes in defence firm EADS if the UK is to approve the proposed merger with BAE Systems. Concurrently, the G...
Air France and Etihad Airways are poised to announce a far-reaching code share agreement, which will mark the 40th code share agreement for the Gulf carrier. Under the terms of the agreement, Etihad A...
Are you having a problem with OEMs starting to charge for intellectual property rights (IP) rights with regard to continued airworthiness? You are not alone. Component repair and overhaul is where the...
Three of Europe’s largest airlines have ruled themselves out of the bidding to buy Portuguese state-owned airline TAP. Air France-KLM Group, Deutsche Lufthansa and British Airways parent IAG all faile...
Shares of Chorus Aviation, which operates 131 aircraft for Air Canada under the Jazz brand, fell by nearly 10% on Wednesday following a warning that the company may have to cut its dividend, after an ...
China's state-owned China Postal Airlines has expanded its relationship with PEMCO World Air Services (PEMCO) and the companies are pleased to announce a new passenger-to-freighter conversion deal. Th...
Hawaiian regional carrier Island Air has appointed Les Murashige as president, and Lesley Kaneshiro as chief financial officer. "We are pleased to welcome Les back to the Island Air family," said owne...
Standard & Poor's Ratings Services has assigned a B- issue rating to DAE Aviation Holdings proposed $520 million secured term loan due 2018. The rating agency has also assigned a '3' recovery rating t...
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