SATS BUYS TFK FOR $122 MILLION
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
Skywest Airlines has warned its first-half profit would drop by nearly $3 million due to costs associated with its A320-200 order. Shares in the airline slumped 10% on the news. Skywest executive chai...
Kenya Airways has been awarded Best Financial Disclosure in Africa at the World Finance awards. The airline, which is cross listed company on the Nairobi Stock Exchange, Uganda Securities Exchange and...
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 ...
Aviation group 1time has announced it had raised R65 million in new capital through the sale of a 25% stake to two black economic empowerment (BEE) groups, Mtha Aviation and SKMT Sunrise Investment Gr...
To finance the large amount of aircraft Etihad Airways has on order, the airline is estimated to need to raise $13.3 billion in the next decade. This accounts for the $15.8 billion Etihad has indicate...
The director general of the Dubai Ruler's Court Mohammed Ibrahim Al Shaibani has suggested that the emirate could offer a stake sale in Emirates Airline as part of plans to reduce the its debt. "The p...
TAT Technologies, unit of KMN Holdings (Mendelson Group) that provides services and products to the commercial and military aerospace and ground defense industries, reported a net loss of $ 5.1 millio...
Analysts have stated that the view on Kingfisher Airlines is bearish because the airline still looks unattractive from a valuations perspective. With fuel prices expected to continue to rise, this out...
We're Social