As the global stock markets begin to move downward to finally reflect economic reality, we have to note the pounding that US airlines have taken over the past 24 hours (US finance below). This is all ...
International Air Transport Association said yesterday that industry earnings suffered the first year-on-year decline for two years in the three months to June as fuel costs rose and capacity increase...
After several extensions of its flying ban by the Australian Civil Aviation Safety Authority (CASA), Tiger Airways Australia is now expected to resume operations next week after a court hearing into a...
US Transportation Secretary Ray LaHood is debating whether they can recover the tax revenue from airlines lost after the Federal Aviation Administration closed down on July 23. The 7.5% airline tax is...
New analysis from the Financial Times has revealed that investment in hedge funds turned out to be a poor investment for US pension funds, which have failed to pick the best performing funds. The FT f...
On the matter of the stories in the market right now I think that the partial closures within the US government are very interesting. Last week we reported that the FAA has partially closed down and t...
When announcing a 20% increase in Q2 profits, Jim McNerney, chief executive of Boeing, stated that the decision to launch a re-engined 737 was a measured and carefully thought out decision, and was ce...
Wells Fargo analysts Sam Pearlstein and Gary Liebowitz have calculated using American Airlines’ regulatory filings, that the US carrier will pay an average of $40 million for its A320neos from Airbus ...
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 ...
Today’s oil prices show a slight dip (Brent Crude Oil: $117.99 a barrel) but they remain high and are a significant concern for all airlines. Ryanair’s Michael O’Leary reports failing profits today on...
Things don’t get much better than that in India. There is currently a huge boom in tourism and rising disposable incomes and India’s aviation industry has experienced a sharp rebound in travel demand ...
The big news today is the meeting between Greece and the EU to resolve the crisis engulfing the Euro Zone. If the Germans are not willing to take an almighty hit to their finances then we can all expe...
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