AIR NAMIBIA BAILOUT INCREASED
The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Minis...
The government bailout of Air Namibia has increased to over N$1 billion with a promise from the Minister of Finance that this would be the last time as “their portion of funds is finished at the Minis...
DVB Bank has closed two separate finance facilities with Guggenheim Aviation Partners for two A330-200 aircraft on lease to Jet Airways and three B777-200ER aircraft on lease to American Airlines. The...
Spring Airlines aims to raise more than $1.2 billion in an initial public offering (IPO) in the first quarter of 2012. The budget Chinese carrier need to raise funds to help finance its expansion ambi...
Shares in Lan Airlines) rose 0.5% to 13,276 pesos in advanced of its scheduled second- quarter earnings report on July 27. ...
Discovery Air, a specialty aviation services company operating across Canada and in select locations internationally, has announced it has entered into an agreement to complete a private placement of ...
Air Namibia will be injected with N$1.2 billion in government funds over three years as part of the turnaround plan outlined by Finance Minister Saara Kuugongelwa-Amadhila. This is double the cost tha...
Mohamed Munir Abdul Majid, chairman of Malaysia Airline, will leave the airline on July 31 when his contract expires as part of its restructuring process. No reason was given for his departure. Bernar...
Ryanair has closed its inaugural Euro currency, floating rate Eximbond via King International Leasing. The €155, 745 million bond, which priced on July 12 at three-month EURIBOR + 70 basis points. The...
Singapore Airlines’ market value has increased 0.9% to S$14.54 on the news the carrier has appointed Campbell Wilson, who has worked at the airline for more than 15 years, as chief executive officer o...
Shares in Kingfisher Airlines were down 1.6% to Rs 39 as the airline continues to struggle to pay its fuel bills. Hindustan Petroleum Corporation refused to refuel Kingfisher planes on Monday due to n...
UK air navigation services provider NATS, paid £40 million ($64 million) in dividends to its shareholders after posting a pre-tax profit of £106.1 million for its fiscal year ending March 31, a 37.3...
Cabot Aviation has arranged the sale of one B757-200ER aircraft on behalf of Flycraft 11 Ltd. The aircraft has been acquired by Wings Aviation Inc. The aircraft is serial number 30233 and is powered...
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