JAL GETS $3.7 BILLION LOANS FROM INVESTORS
Japan Airlines (JAL) has announced that its four biggest lenders have agreed to provide 300 billion yen ($3.7 billion) in additional loans, according to local newspaper reports. Mizuho, Mitsubishi UFJ...
Japan Airlines (JAL) has announced that its four biggest lenders have agreed to provide 300 billion yen ($3.7 billion) in additional loans, according to local newspaper reports. Mizuho, Mitsubishi UFJ...
Cargo carrier MK Airlines has entered into liquidation after a second company voluntary arrangement (CVA) is blocked by creditors. John Alexander, from Carter Baker Winter, and Stephen Katz, from Da...
ExpressJet Holdings has mailed proxy materials to shareholders ahead of the November 10 vote on whether to sell the company to SkyWest. All shareholders who owned stock on September 27 will be allowed...
Negotiators from the EU and countries including the United States, Japan and Brazil will meet in Ottawa to discuss the issue of export credit. Home country airlines want their governments to draw up a...
Prices for light sweet crude November delivery rose 2.3% to $83.08 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $1.96 higher at $84.41 a barrel. Price r...
Shares in Lufthansa rose 3.5% to €15.39 yesterday, the third rise in four days. Analysts expect European airlines to post strong third quarter results, with Citigroup predicting net income may grow fi...
AWAS Aviation Capital Limited (AWAS) has closing the private placement of $600 million in aggregate principal amount of its 7.00% Senior Secured Notes due 2016. A portion of the net proceeds from the ...
Delegation from MRO firm Singapore Technologies Aerospace (ST Aerospace) and Singapore Airlines Terminal Services (SATS) gateway services and food solutions provider were in SriLanka last week for tal...
General Electric's has reported that third quarter sales of industrial equipment, including jet engines were sluggish. Revenue of $35.9 billion was $1.7 billion short of estimate which pulled the shar...
JCDecaux ATA, the Saudi subsidiary of French advertising firm JCDecaux that is 40% owned by Saudi partner ATA, announced on Saturday that it had won exclusive rights for advertising at all 26 airports...
Ethiopian Airlines and the Agence Francaise de Developement (AFD) have signed a loan agreement of 30 Million Euros at the Ethiopian Airlines Headquarters. The agreement is aimed at financing the expan...
Jetstar is facing a 5% annual pay claim from members of the Australian Services Union. The union is calling for an increase in superannuation contributions to 15% and a 2.5% point boost in shift loadi...
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