SpiceJet courting PE firms
Although SpiceJet has ruled out any investment from a foreign airline, India’s second-largest low-fare airline by market share may still be in discussions with private equity firms in its search for f...
Although SpiceJet has ruled out any investment from a foreign airline, India’s second-largest low-fare airline by market share may still be in discussions with private equity firms in its search for f...
China Southern Airlines and Henan Civil Aviation Investment have agreed to launch a new joint-venture subsidiary, China Southern Henan Airlines. China Southern will invest CNY3.6 billion for a 60% sta...
Air New Zealand (ANZ) has announced plans to buy back its shares on the New Zealand and Australian stock exchanges as it believes its current share price is undervalued. The carrier will acquire up to...
Due to the continuing tension between China and Japan over a chain of disputed islands, All Nippon Airways (ANA) has confirmed that it has had 40,000 seat reservations cancelled on flights between Jap...
The US Federal Aviation Administration (FAA) is proposing a civil penalty of $400,000 against Atlanta, Ga.-based Atlantic Southeast Airlines (ASA), for allegedly operating a Bombardier regional jet af...
A preliminary investigation into the power failure of a GE Aviation GEnx-2 engine on board a AirBridge Cargo Boeing 747-8 freighter during takeoff roll at Shanghai Pudong International Airport on Sept...
GE Aviation is developing a new turboprop engine, the CPX38, for 70-90-seat turboprops. Because the engine is based on the GE38 core it could enter the market by the end of the decade—or within three ...
Air Lease Corporation (ALC) has announced the closing of its previously announced offering of $450 million aggregate principal amount of 4.50% senior unsecured notes due 2016. The 144A notes offering ...
Southwest Airlines has declared that it is not yet ready to publicly discuss a timeline for introducing services to Hawaii. However the airline is setting in motion plans to allow such a move includin...
Pinnacle Airlines Corp. which filed for Chapter 11 bankruptcy protection on April 1, is continuing to lose money as it restructurers. In its August monthly operating report filed with the US Bankruptc...
Gambia Bird, the new airline for West Africa, will take flight from October 15 with weekly flights from Banjul to London Gatwick and Barcelona; and Freetown to London Gatwick – the latter, along with ...
CF Partners, the commodities trading, risk management and investment firm, and ETS Aviation, the emission data management specialist, have agreed a strategic partnership to offer airline operators the...
We're Social