United Aircraft Corporation (UAC) has increased its shareholding of common stocks in VASO from 10.44% up to 91.2%. The share of UAC in VASO has been increased from 16.73% up to 89.44%. The sharehold...
Neil Mills, chief executive of Indian budget carrier SpiceJet, has confirmed that the airline does not need to raise capital to fund its order of 30 Nextgen turboprop aircraft from Bombardier for a...
Fitch Ratings has downgraded Boeing from A+ to A due to the delay in its 787 and 747-8 aircraft programs. Boeing outlook is stable. Boeing's first 787 is expected to be delivered in the third quart...
Boeing has posted strong fourth quarter results that boosted its full year figures. Boeing reported fourth-quarter net income of $1.2 billion, or $1.56 per share, on revenue of $16.6 billion. The r...
Virgin shares fell by nearly 6% on the news that the airline could lose more than halve its predicted first half year profits due to the floods in Australia. Air New Zealand acquired a 14.99% stak...
IAG has established a new IR team headed by Andrew Barker, the former Easyjet IRO. Barker and his team start work following the listing of IAG on the stock markets of Madrid and London this week. T...
Nomura has given the newly-formed International Airlines Group (IAG) a positive rating on its second day of trading. The bank says it sees the company as a medium-term winner despite some near-term...
Garuda’s high guide price for its initial public offering has been raising concerns with investors, which is leading some to suggest that the airline might raise far less than the $1 billion it hop...
Privately-owned Spring Airlines is planning launch an initial public offering (IPO) on the Chinese stock market. The airline is reported to be consulting UBS Securities for details and has filed in...
A report from CIT group has shown that although airline executives continue to express concern about rising fuel costs, many continue to take a wait-and-see approach towards new aircraft technology...
RBC Capital has boosted their price target on shares of Embraer from $30.00 to $35.00 in a research note to investors on Friday. The analysts currently have a “sector perform” rating on the stock. S...
Investec Bank has acquired nine aircraft from aircraft lessor, Gecas, consisting of five Airbus A320s and four Boeing 737NGs. The deal was financed with equity from the Australia-based Investec Glob...
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