AMR shares rise in support of possible merger
Share price for AMR Corp., the bankrupt parent company of American Airlines, has been steadily rising on the growing chatter around a possible merger with US Airways. The most-actively traded debt, $4...
Share price for AMR Corp., the bankrupt parent company of American Airlines, has been steadily rising on the growing chatter around a possible merger with US Airways. The most-actively traded debt, $4...
Dr Harold Demuren, the director-general of the Nigeria Civil Aviation Authority (NCAA) has declared at the Ministerial Conference on Aviation Safety in Africa in Abuja that domestic airlines need to m...
South African Airways will fly daily between Mumbai and Johannesburg from October – the airline currently operates five flights a week. The seventh flight is subject to government approvals, however. ...
United Technologies Corp. has announced that all remaining regulatory approvals related to the proposed acquisition of Goodrich Corporation have been obtained. In line with previous expectations, the ...
Rolls-Royce reported a 7% increase in first-half profits, which was boosted by increased production at Airbus and Boeing. Pre-tax profit for the aero-engine maker was £637m for the six months to the e...
The UK Court of Appeal has ruled in favor of the Competition Commission’s ruling that UK airports operator BAA must sell Stansted Airport. BAA has vowed to challenge the decision in the Supreme Court...
EADS, the parent company of Airbus, has posted an increase of 14% in first half revenue to €24.9bn. Order intake in the first six months reached € 28.2 billion driven by solid order activity at Euroco...
Airbus will take a €124m charge for delaying the A350 programme by a further three months. In its first half results report, EADS announced: “This quarter, with the A350 XWB Entry-into-Service moving ...
Ryanair has reported a 29% fall in profits during the three months to June. Net profit was €99 million, compared to a forecast of €123 million. The airline blamed austerity, recession and high fuel pr...
Both Ryanair and Air France-KLM have announced worse than expected figures with Ryanair suffering a 29% decline in profits with fuel hedges and FX blamed, but CFO Howard Millar pointed more than once ...
Anonymous sources quoted by an Indian newspaper have declared that Air India revenues rose by 17.8% in the second quarter indicated that the airline has not been adversely impacted by the 58-day strik...
Singapore Airlines will add a second daily Airbus A380 service between Melbourne and Singapore from next month. The Melbourne-Singapore flight SQ218, which currently runs on a Boeing 777-300ER, will s...
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