AIR NAMIBIA BAILOUT INCREASED
The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Minis...
The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Minis...
Aviation Lease & Finance Co (Alafco) has reported it made a gain of KD17m ($62m) after waiving an agreement with Airbus to buy six A350-900 aircraft for a third party. The aircraft lessor made a KD20m...
TAAG Angola Airlines has postponed the relaunch of its weekly Luanda-Beijing service to August 9. ...
IndiGo is considering launching Dubai-Mangalore flights in the coming days. Jet Airways had reportedly planned Sharjah-Mangalore direct flight, and was supposed to begin operations from May 2011 but t...
Share in low cost carrier easyJet shares soared yesterday after the airline reported a surprise 23% growth in revenue to £935m in the third quarter and predicted annual profits ahead of forecasts. eas...
Air France-KLM’s board is meeting tomorrow where it is expected to approve an order for 25 787s and 25 A350s, says La Tribune. The proposed order made headlines in June when the board of Air France wa...
UK-based airline Flybe changed its day-to-day operating structure to support its ongoing growth and European expansion. The airline will be split into three new divisions – Flybe UK, Flybe Europe and ...
Bad blood remains at the Royal Bank of Scotland its seems after former CEO Domhnal Slattery left its leasing arm to set up Avolon but took several RBS executives with him. As a result Avolon has been ...
Air India Express, which began flying on April 29, 2005, says it aims to break even by 2013. The airline is already showing a cash profit but it could have been in true profit were it not for the 25% ...
There are fears that the US government could double the security fees paid by airline passengers as part of its deficit-reduction plan. Although no firm proposals have been tabled, lobbyists represent...
An American Airlines flight bound for SaoPaulo, Brazil, was forced to dump its fuel and return to DFW International Airport shortly after takeoff on Sunday evening when one of its engines caught fire....
DVB Bank has closed two separate finance facilities with Guggenheim Aviation Partners for two A330-200 aircraft on lease to Jet Airways and three B777-200ER aircraft on lease to American Airlines. The...
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