UK passenger tax rise threatens Heathrow
The rise in passenger tax by the UK Government from November 1 has the potential to cause thousands of job losses, say UK airlines. The British Air Transport Association has warned that the significan...
The rise in passenger tax by the UK Government from November 1 has the potential to cause thousands of job losses, say UK airlines. The British Air Transport Association has warned that the significan...
India has invited companies to participate in its aviation sector, says Civil Aviation Minister Praful Patel: "Though India has achieved a lot of progress in this area in a short span of time, still w...
Ghaith Al Ghaith, FlyDubai CEO explained yesterday at the Low Cost Congress in London how the airline has been successful at adapting the traditional low cost model to meet the requirements of the env...
Oil prices advanced again on Thursday on upbeat economic news that could hint at improving demand for energy products. Benchmark oil rose $1.04 to $78.90. ...
Moody's Investors Service has increase the ratings for United parent, UAL Corp following the completion of its review of the airline after it announced it was to merge with Continental Airlines. Moody...
JLL Partners and Morgan Stanley Capital Partners have both agreed to sell their stakes in aerospace components developer McKechnie Aerospace Holdings to TransDigm Group, a designer and manufacturer of...
Southwest Airlines has agreed to buy rival AirTran in a deal that values the Florida-based low-cost airline at $3.4 billion. Southwest’s cash and stock deal offer amounts to $7.69 a share, a 69% premi...
Ilyushin Finance Company (IFC) and Polet Airlines have reached an agreement on the terms and conditions of delivery of the fourth IL-96-400T freighter. The lease agreement was inked for 15 years in Fe...
IATA’s Giovanni Bisignani has stated that India's airlines are expected to post a $400 million loss in 2010 despite an increase in passenger traffic, and that a coordinated policy approach among gover...
Philippine Low Cost Carrier Cebu Air has set price guidance of 110 to 135 pesos per share for its initial public offer next month from original estimates of 150 pesos per share. It is thought that the...
Air Canada, which narrowly avoided having to file for bankruptcy protection last year has nearly C$1 billion (US$971 million) in debt coming due over the next two years. Now the airline plans to push ...
African Development Fund, the soft loan arm of the African Development Bank (AfDB) Group, has approved a grant in the amount of $8.6 million to finance the Airspace Integration Project of the Common M...
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