Aveos employees to get payout
Justice Mark Schrager of the Quebec Superior Court has approved the payment to some 2,665 retained and terminated employees of bankrupt aircraft maintenance company Aveos Fleet Performance of $5.8-mil...
Justice Mark Schrager of the Quebec Superior Court has approved the payment to some 2,665 retained and terminated employees of bankrupt aircraft maintenance company Aveos Fleet Performance of $5.8-mil...
The Export-Import Bank of the United States (Ex-Im Bank) has approved a Final Commitment for an $84.8 million loan guarantee to Brazilian airline VRG Linhas Aereas (GOL). The financing will support th...
Las Vegas-based Allegiant Air plans to start low-cost services to Honolulu from Las Vegas and Fresno, California. From late June, Allegiant will fly three times a week between Las Vegas and Honolulu a...
United Continental Holdings reported its passenger revenue per available seat mile increased by 4-5% in March compared to the same month last year, while available seat miles decreased by 1.1%. United...
Investec is planning spin off its aircraft leasing business in Singapore in a business trust listing by June in a deal worth $600m–$800 million. Bank of America Merrill Lynch, BNP Paribas and Credit S...
From May 16, Kenya Airways will operate a flight between Nairobi and New Delhi as part of its global expansion plan. Kenya Airways will fly to Nairobi from New Delhi four times a week with a Boeing 76...
Oman Air has posted a loss for 2011 of RO110 million (approximately £180 million) due mainly to a 38% increase in fuel costs. Fuel costs were RO37 million, while staff salary increase resulted in tota...
Foreign ministers from Iraq and Kuwait are meeting soon to discuss procedures for the creation of a joint airline. The two sides announced an agreement to create the $200 million airline on March 14, ...
Air Arabia has increased its dividend payout for last year. The Sharjah-based airline will pay a cash dividend of 6 fils per share, after net profit rose to Dh78.7 million, an increase of 7% from the ...
MTU Maintenance Hannover continues to provide US carrier JetBlue Airways support: the airline has been sending its IAE V2527 engines to the Hannover shop on an exclusive basis since 2005. Now, the car...
Transavia Airlines has joined the EuropebyAir roster of premier airline partners. Based in The Netherlands, Transavia Airlines offers low cost flights from Amsterdam, Rotterdam, and Eindhoven to Europ...
Air France has taken delivery of its 60th Boeing 777. This aircraft will, be used on its Caribbean-Indian Ocean network from Paris Charles de Gaulle. With this latest addition to its fleet, Air France...
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