EU GRANTS LIFESAVING LOAN TO AIR MALTA
The European Commission has relented and agreed to give Air Malta temporary financial assistance to keep it flying while a rescue and restructuring plan is agreed. The has authorised a €52 million loa...
The European Commission has relented and agreed to give Air Malta temporary financial assistance to keep it flying while a rescue and restructuring plan is agreed. The has authorised a €52 million loa...
The share prices of Chinese carriers all fell on Monday trading. Shandong Airlines fell 10% and Hainan Airlines 8.3%, while the "big three" state-owned carriers experienced declines around 5%. Skymark...
EasyJet founder Sir Stelios Haji-Ionnaou is reported to be setting up easyHoliday – a rival company to easyJet Holidays, which is jointly owned by easyJet and accommodation provider Lowcosttravelgroup...
Airbus parent company EADS has topped analysts expectations and reported a narrow net profit in the third quarter. Net income for EADS rose to €13 million ($18 million) in the third quarter, which was...
Indian airlines had long-term debts of Rs 57,274.76 crore at the end of 2008-09, the latest year for which data is available, the Government said today. The debt list was headed by Air India with a de...
Citigroup Global Markets has lowered its rating of JetBlue Airways shares amid concerns the stock is already trading at its fair price. Analysts say the airline has reached its peak but future growth ...
The Export-Import Bank of the United States has announced the preliminary commitment to finance the purchase Comair’s purchase of eight Boeing 737-800 aircraft. Comair is the third South African compa...
Global airline catering company Gate Gourmet has acquired a majority interest in Indian airline caterer Skygourmet. The UK caterer has acquired a 74% stake interest in Skygourmet from India Hospitalit...
Aercap has completed the sale of a 20% stake with Abu Dhabi-based investment holding company Waha Capital. The Dublin-based lessor will receive $105 million in cash, Waha’s 50% interest in the joint v...
Huntington Equipment Finance has appointed industry veterans Richard Barret and Michael Labrum to launch new specialty asset financing segments and augment growth in its equipment finance business. Wi...
Analysts at Goldman Sachs have removed Conviction Buy List status from Boeing shares, although it maintains a Buy rating and $88 price target. The investment bank said that the problems plaguing the 7...
BAA has reported a 3.4% rise in the number of passengers through its airport in the month of October, compared to the same time last year. Some 9.75 million passengers passed through BAA airports duri...
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