The Dutch government has been given permission to loan €19.7 million ($14.5 million) to NG Aircraft by the European Union for the development of the Fokker Next Generation, an updated version of the F...
Share in aircraft seat manufacturer took a tumble after engine manufacturer Safran announced it decided not to make an offer to buy the company. Share in Zodiac fell 6.3% to €48.62, while shares in Sa...
Air India has reported a net loss of 55.5 billion rupees for 2009/10 as it was not able to capitalise on higher load factors due to an increase in depreciation and interest charges. The net loss fo...
The reversal in fortunes for US carriers in recent months has buoyed the market is airline stock, with bullish trading seen in Delta Air Lines and United Continental Holdings stock. Options on the ...
Co-op Bank has partnered with Kenya Airways to finance its pilots training program. Under the “Ab Initio” program, trainee pilots will receive loans from Co-op bank to facilitate the training. Co-o...
Montenegro’s Deputy Finance Minister, Ivan Petrovic, has announced that Etihad Airways, El Al Israel Airlines and Arkia Israel Airlines, have purchased the documents in a tender to buy 30% of Monten...
US-based investment firm Capital Research and Management Company (CRMC) has sold shares in Air France-KLM this week, which has dropped its stake to 9.99%, below the 10% regulatory threshold, said Fr...
Private aviation company, NetJets has launched NetJets Direct FinancingTM, an in-house, one-stop financing option through NetJets Finance LLC offering speedy payment for private jet travel. NetJets di...
Ryanair has closed the first ever Exim-bond Ryanair. Credit Agricole-CIB and Goldman Sachs were joint bookrunners and joint structuring agents on the $184million deal. The paper was priced at 2.7% wit...
Skymark shares rose 19.7% in Tokyo after it announced it will use cash to purchase A380s. The shares gained JPY150 on Monday to close at JPY910, recouping some of the sharp losses made when the order ...
A rebound in airline profits in 2010 has enabled carriers to rely less on help from the world’s biggest manufacturer to buy aircraft, Randy Tinseth, the marketing vice president for Boeing’s commercia...
Delta Air Lines has issued $474.072 million bond, backed by 25 vintage Boeing, Airbus and McDonnell Douglas aircraft and three 2009 Boeing aircraft. Joint lead managers on the bond are Credit Suisse, ...
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