DeKalb County Employees Retirement System has filed a class action lawsuit in the New York federal court that claims Volaris' IPO registration statement "negligently contained financial statements tha...
SpiceJet has reportedly received Rs500 Crore (Rs5Trillion) or about US$80m at today’s exchange rates, from promoter Ajay Singh who owns 60.31% of the airline (from 1.85% a year ago). That is one third...
Southwest Airlines was forced to take 128 aircraft out of service yesterday evening after it confirmed to the FAA that it had missed its mandatory maintenance checks on backup hydraulic systems for on...
Unconfirmed reports have revealed that British holiday company Thomas Cook Group may sell its airline business. UK newspaperthe Sunday Times reported that the move was motivated by the need to cut cos...
Deutsche Lufthansa is selling its 15% stake in JetBlue Airways after seven years via an early redemption of Lufthansa bonds convertible into JetBlue shares. The German airline is launching a voluntary...
The Indian Ministry of Civil Aviation has stated that it will ask all Indian airlines not utilising their full quota of foreign flying rights to surrender them within the next six months. Currently a ...
The Indian government is to assist SpiceJet in retaining its aircraft as lessors try to repossess their equipment after breach of contract. This response comes now as we here said it might because the...
Update one: US airline international traffic pressure. The facts: The combined share of bookings of flights between the United States and the Indian subcontinent for United, American, Delta and their ...
TransAsia has highlighted the significant APAC pilot training problem that we were all aware of. Ten TransAsia pilots have failed the mandatory skills test and a further 19 just did not show up. Trans...
While everyone has had the oil price crystal ball out over the past few months the interest rate question has taken a bit of a back seat, but no longer. The US Federal Reserve policy committee has bec...
Canada Jetlines has scrapped a proposed $50m IPO. Jetlines, a Canadian ultra-low-cost carrier (ULCC) based in Vancouver that is scheduled to start flying to secondary airports in Western Canada in 201...
The Delhi High Court today reserved its order on BBAM’s attempt to get its five aircraft back from SpiceJet. Chief Justice G Rohini and Justice Rajiv Sahai Endlaw heard the case of SpiceJet Vs B&B Air...
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