KINGFISHER ALLOTS SHARES TO LENDERS CONSORTIUM
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
Bankrupt Japan Airlines has announced it is cutting 170 more jobs in January under its restructuring plan that will cut its operations by a third by March. The airline must cut a further 1,500 jobs...
The Government of the Maldives has delivered the Air Operating Certificate (AOC) to Mega Maldives, a joint venture between Maldives ZM Holdings and US W-Cap. Mega Maldives will start flights from ...
India's civilian airspace regulator, the Airports Authority of India (AAI), will introduce new navigation norms to help save on fuel costs by accommodating more aircraft in narrower air corridors. ...
Malaysia Airlines and KLM today signed a joint venture agreement covering the Amsterdam–Kuala Lumpur route. KLM and MAS have codeshared on the route but the new agreement will extend the commercial...
All Nippon Airlines will increase the frequency of its flights between Narita and New York from once a day to twice daily during the January to March 2011 period. The increase in frequency is in respo...
Qantas traffic figures for the five months to November show an 8.6% increase in passenger numbers across the airline group, compared with the same period last year. International yield for the five...
Birds at Delhi airport are posing a big problem for airlines, with several instances aircraft being forced to abort landing at the last minute due to excessive bird activity on the runway. Occasion...
China Southern Airlines plans to boost the registered capital of Xiamen Airlines to three billion yuan from 1.2 billion yuan jointly with Xiamen C and D Corporation and Hebei Aviation Investment Gro...
Analysts have warned Kingfisher Airlines that it should guard against adding fresh debt and losing senior executives despite the restructuring of its Rs.7,000 crore debt having been approved by the...
China Eastern Airlines and China Ocean Shipping have stated they will inject funds into their joint venture China Cargo Airlines. It is hoped the CNY2.05 billion ($308 million) cash injection will b...
From January, Afghan airline Safi Airways will be forced to suspend its route between Frankfurt and Kabul due to an EU-wide ban on all Afghan airlines. In November the EU placed all carriers regis...
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