FLYBE IPO READY FOR LAUNCH
UK airline Flybe is set to launch an initial public offering (IPO) in December. Market rumours suggest the IPO will price the airline at £250 million, with some £60 million likely to be raised by th...
UK airline Flybe is set to launch an initial public offering (IPO) in December. Market rumours suggest the IPO will price the airline at £250 million, with some £60 million likely to be raised by th...
The cabin crew strike, which has forced Finnair to cancel more than 100 flights, will result in a loss for the Finnish flag carrier for this fiscal year. Finnair shares fell 3.5%, while shares in S...
Unite, the union representing British Airways cabin crew, has said it wants the immediate restoration of staff travel concessions to crew who lost them, the restoration of sick pay to those off ill...
Willie Walsh, chief of British Airways, has stated that the newly merged International Airlines Group wants to “lead the industry’s consolidation”. The merger between BA and Iberia was unanimously ...
Dr Karl-Rudolf Rupprecht has replaced Karl-Heinz Köpfle as board member operations of Lufthansa Cargo. Karl Ulrich Garnadt, currently in charge of Hub Management & Passenger Services on the Lufthansa ...
From April, Lufthansa is planning to fly an aircraft that can use biofuel in addition to jet fuel on a service between Frankfurt and Hamburg. The A321 aircraft will fly four times a day on the domesti...
Rates for airlines that renewed their hull and liability coverage in November rose by an average of 19%. Research by Aon found that this increase was due largely to three airlines that have suffered l...
Journey Group, provider of airline products and services, has announced it is selling its stake in in-flight catering firm Alpha-Airfayre to its joint venture partner Autogrill for £3.5 million. Autog...
Rossiya Airlines will take delivery of a sixth An-148 from Ilyushin Finance Company (IFC) at VASO today. The management of VASO, UAC, IFC, Rossiya Airlines, as well as the administration of the Vorone...
The Federal Financial Markets Service has declared the fourth bond issue of UTair-Finance void because of its failure to place stocks. UTair had planed to place 2.5 million four-year bonds at RUB 1000...
Russian manufacturer United Aircraft Corporation (UAC) is to place series 01 bonds worth RUB 46.280bn (approximately $1.48 billion) following a decision by the board of directors. Some 46.280 million ...
Several high profile lessors have confirmed to Aviation News that they are having terrible problems trying to purchase A320s A321s, 737-700s and 737-800s. They also state that the 737-800 values for r...
We're Social