AVIANOVA UPDATE
Alfa Group’s investment arm A1 decided to sell its 51% stake in Avianova in late 2010, said Dmitry Chernyak, former managing director of the investment group, who quit in March this year. As repor...
Alfa Group’s investment arm A1 decided to sell its 51% stake in Avianova in late 2010, said Dmitry Chernyak, former managing director of the investment group, who quit in March this year. As repor...
The Air Transport Association of America, together with American Airlines and the United Continental group, told the European Court of Justice in Luxembourg yesterday that the European Union should no...
Cabot Aviation has arranged the sale of one B757-200ER aircraft on behalf of Flycraft 11 Ltd. The aircraft has been acquired by Wings Aviation Inc. The aircraft is serial number 30233 and is powered...
The International Air Transport Association’s (IATA) Airlines Financial Monitor May/June 2011 report states that airline share prices have fallen 12% so far this year even though worldwide share price...
Latvian national carrier airBaltic, which is 53% owned by the Latvian government and 47% owned by Baltic Aviation Systems, an offshore investment vehicle of President and CEO Bertolt Flick, made a los...
Irish low-cost airline Ryanair carried 7.33 million passengers in the month of June, 9% more than in June 2010. Load factor was the same for the previous year at 84%, however. In the 12 months ending ...
June traffic figures for the merged airline company International Consolidated Airlines Group, which comprises British Airways and Iberia Airlines, rose 3.8% to 4.5 million passengers. Group premium t...
Air Malta pilots have voted overwhelmingly to strike following the news that 57 pilots have been earmarked for redundancy as part of its restructuring plan. The Airline Pilots’ Association is threaten...
UK airline Flybe and Finnish airline Finnair are joining forces to buy Finnish Commuter Airlines (FCA), Finland’s largest domestic air carrier by number of flights FCA will cost €25 million. Flybe wil...
Russian vice premier and finance minister Alexei Kudrin has confirmed that the government’s 51% stake in Aeroflot has been put on the extended list of strategically important enterprises scheduled for...
Lisbon-based euroAtlantic airways has stated it is looking for opportunities to enter the Turkish travel market. Speaking during a visit to Ankara and Istanbul, external affairs director Caetano Pest...
Birmingham Airport has grounded a Mahan Air flight for Tehran over a dispute involving Mahan Air and GECAS aircraft leasing company. ...
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