GoAir seeks $200m equity investment
GoAir is in the market to raise $200 million (Rs 1,100crore) in equity to reduce its debt. The airline is willing to offer some of its real estate assets as collateral to raise $200 million from priva...
GoAir is in the market to raise $200 million (Rs 1,100crore) in equity to reduce its debt. The airline is willing to offer some of its real estate assets as collateral to raise $200 million from priva...
The US Department of Transportation has granted an application from Hainan Airlines, a carrier of China, to provide new scheduled service between Chicago and Beijing. “This is good news for air travel...
Gol Linhas Aereas Inteligentes (GOL) has appointed Edmar Lopes as its new chief financial officer. Lopes currently serves as Gol's investor relations director and he will run both posts. Lopes will re...
Airlines for America (A4A), the industry trade organization for the US airlines, has called on the Senate to support a National Airline Policy in order to keep US airlines competitive with foreign car...
The Department of Transportation is investigating United Airlines after the carrier sold tickets Sunday to and from Hong Kong for only four frequent-flier miles plus taxes which it then refused to hon...
The Aeronautical Repair Station Association (ARSA) submitted a written statement to the U.S. Senate Subcommittee on Aviation Operations, Safety, & Security detailing the important role aviation mainte...
US Airways Chief Executive Doug Parker told Reuters that the airline was working with legal advisers and is in discussions Justice Department's antitrust division and with congressional lawmakers and ...
Hawaiian's parent company, Hawaiian Holdings, has signed a letter of intent to acquire turbo-prop aircraft "with the aim of establishing a subsidiary carrier to serve routes not currently in Hawaiian'...
AMR Corp., the parent of American Airlines, has reported a second quarter loss of $241 million. The bankrupt airline has been hit by reorganisation costs, legal and consultants’ fees that added up to ...
The air operators certificate (AOC) for AeroSur has been withdrawn by Bolivian authorities after being grounded since May 18. Debts led the airline to reduce its fleet and services from February but i...
Comair has acquired the first of three brand new Boeing 737-800s in a landmark transaction that saw Investec Aviation Finance as lead arranger and advisor. In November 2010 Investec financed the pre...
The Public Enterprises Minister of South Africa, Malusi Gigaba, has asked the auditor-general to help reconstruct SA Express' financials. The airline was forced to withdraw its financial statements fo...
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