American Airlines is seeking to raise $1 billion in a sale of senior secured notes. The carrier’s debt offering will be secured by routes, takeoff and landing slots and rights to use space in airport ...
Toronto-based regional carrier, Porter Airlines has stated it will reach a decision on whether or not to list before the end of the first half of this year. In June last year, Porter put its plans for...
AirAsia and MAS dropped as oil prices above $100 a barrel raised concerns fuel costs will increase. AirAsia slid 6.3% in trading to 2.40 ringgit, the steepest drop since Feb. 22. MAS (Malaysian Airlin...
Aviation professional services firm ACS is celebrating 10 years in 2011 with the launch of a new brand identity to mark the milestone and support its future growth plans. Once known as Aviation Compli...
Shares in Lan Airlines listed on the New York Stock Exchange dipped 0.8% to $26.90 yesterday. Lan Airlines is in an industry experiencing a Downtrend, say analysts. In the last five trading sessions, ...
UBS has lowered its price target for Southwest Airlines to $12.50 from $13.25, and maintained its neutral rating. The airline has a potential upside of 41.7% based on a current price of $11.84 and an ...
Charles Stanley has upgraded its recommendation and target price for International Consolidated Airlines (IAG) from ‘reduce’ to ‘hold’ since it factored in non-fuel costs and other variables. The move...
The Indian budget 2011-12 has proposed to raise the service tax on air travel by Rs50 in the case of domestic air travel and Rs250 on international journeys by economy class. It also proposed to tax t...
Asian stock markets were mostly higher today with shares in Sydney and Tokyo erasing early losses and airlines gaining after oil prices retreated from multiyear highs. Airlines, hard-hit by the rece...
AirAsia is planning initial public offerings (IPO) for its Indonesian and Thai affiliates. Chief executive Tony Fernandes hopes the money raised will fund his expansion ambitions. He also confirmed...
Airline stocks have continued their slide downwards since civil unrest erupted in the Middle East and have retreated back to October levels. The drop was forced yesterday on the news Libya has halt...
Shares of Garuda Indonesia, the country's national airline, have fallen more than 20% on their market debut today. Garuda shares were trading at close to 600 rupiah on the Indonesia Stock Exchange ...
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