KINGFISHER ALLOTS SHARES TO LENDERS CONSORTIUM
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
Bankrupt Japan Airlines has announced it is cutting 170 more jobs in January under its restructuring plan that will cut its operations by a third by March. The airline must cut a further 1,500 jobs...
The Federal Aviation Administration (FAA) has fined American Eagle Airlines $330,000 for allegedly operating an Embraer 135 regional aircraft on 12 passenger flights when it was not in compliance w...
The Trinidad and Tobago government has approved Caribbean Airlines request to spend $200 million to buy nine ATR aircraft.The agreement ends a long-running dispute over the issue between the Transp...
American Airlines is accused of violating protocol pertaining to the handling of aircraft flight recorders. Following any incident involving aircraft, airlines are required to submit the cockpit vo...
Fuel logistics company World Fuel Services has completed ita acquisition of Hiller Group and certain affiliates. Hiller, with annual volume of more than 120 million gallons, is a supplier of aviatio...
The East coast snow storm that closed the three major New York airports is expected to cost the airline industry up to $150 million. According to the Federal Aviation Administration some 6,000 flig...
Some 7,000 fleet service employees represented by the International Brotherhood of Teamsters (IBT) has ratified its collective bargaining agreement with employer Continental Airlines, a subsidiary ...
Southwest Airlines has confirmed it is open to order a third aircraft type. The airline is a loyal 737 and 717 customer but now is has opened the doors to Bombardier and its CSeries aircraft as wel...
Innocent Mavhunga has been appointed as acting chief executive officer following Peter Chikumba’s resignation. Mavhunga is currently general manager of National Handling Services (NHS), a subsidiary...
The United Arab Emirates and the Yemen have signed a memorandum of understanding to increase flights between the two countries. The agreement will add a further four weekly flights by Dubai carriers ...
Disgruntled families of the lost souls in the Ethiopian plane crash (ET 409) at the coast of Beirut in January 25 are furiously complaining over the delay in settling insurance claims. Ethiopian A...
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