Garuda Indonesia, the country’s flagship airline, has finalised a debt restructuring plan with creditors in Europe, paving the way for an initial public offering. Elisa Lumbantoruan, Garuda’s finan...
Qatar Airways confirmed today that it is planning to launch an initial public offering (IPO) in early 2012. The confirmation comes after Akbar Al Baker, CEO, Qatar Airlines, stated on Saturday that he...
A final decision on the future of a new Aircraft-Sector Understanding (ASU) on export credit guarantees is expected imminently from the Organization for Economic Cooperation and Development (OECD)....
In a meeting yesterday morning Boeing confirmed that there has not yet been an agreement to extend loan guarantees. Kostya Zolotusky of Boeing Capital said there has been no agreement on extending sta...
A report commissioned by GDS provider Amadeus and carried out by Abu Dhabi based Insights Management has called on Middle Eastern airlines to show clearly that they are independent from government...
Boeing is increasing the price of its aircraft by about 5.2% and has announced the withdrawal of the 787-300. The aircraft manufacturer, which hasn’t raised prices for two years, blames high wages,...
Maintenance repair and overhaul (MRO), it is big business, worth some $45 billion and represents 12-15% of an airline's cost base. Although many airlines do their own line maintenance, 60% of the w...
Employees of Ethiopian Airlines has protested against the recent salary increment made by the management for all airline employees. At the annual staff meeting held on Tuesday at the Millennium ...
NATS the company that runs the airspace in the United Kingdom has been marked as a sale target by the UK Department for Transport who have brought in Merrill Lynch Bank of America to advise. Any sa...
Brent crude topped $90.91 a barrel at the close yesterday with the Nymex and WTI both at $88.28, both down on the day. Oil is increasing in line with winter demand, spurred on in Europe and much of...
Philippines tourism Secretary Alberto Lim and Finance Secretary Cesar Purisima confirmed today that President Aquino of the Philippines is set to issue an executive order enforcing an open skies po...
As you will most be well aware, yesterday a French court in Pontoise backed a French air investigation that concluded a stray strip of super-hard titanium from a Continental DC10 set off a catastro...
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