easyJet almost halves net losses for H1
Easyjet said in a statement today that losses after tax stand at £47 million for the six months to the end of March 2013 from a loss of £90 million for the same period last year. Total revenue grew to...
Easyjet said in a statement today that losses after tax stand at £47 million for the six months to the end of March 2013 from a loss of £90 million for the same period last year. Total revenue grew to...
The Ukrainian airline industry has rebounded from a slowdown triggered by the bankruptcy of flag carrier Aerosvit, Deputy Prime Minister Alexandr Vilkul said yesterday. In April 2013 there was a 4.5% ...
Polish flag carrier LOT Polish Airlines has today won temporary European Union backing for a rescue loan of 400 million zloty ($123.6 million) from the polish state. The European Commission today said...
Robert Martin, Rich Wiley and Peter Barrett all took to the stage at ISTAT Asia this week and reiterated that airlines will become operating lessors. The conversation that has been on going now for ma...
PAL’s part-owner San Miguel Corp and Cambodia Airlines will acquire 16 to 22 new aircraft to be used in code-sharing agreement flights between the two airlines. PAL president and COO Ramon Ang said: “...
Mitsubishi Corp. and Chiyoda Corp. stated yesterday that they will build a new international airport in Mongolia. Under their accord with the Civil Aviation Authority of Mongolia, their roughly ¥50 bi...
Boeing has delivered a 767-300ER to MIAT Mongolian Airlines today, the first-ever direct purchase delivery to the airline. "This is a momentous step forward for MIAT Mongolian Airlines as we continue ...
Philippines’ AirAsia (PAA) yesterday said that it has acquired 49% of Zest Airways, to start a “strategic alliance”. In a statement, Philippines’ AirAsia CEO Marianne Hontiveros said that the “strateg...
International Airlines Group (IAG) has issued €390 million convertible bonds, maturing on May 31, 2018 to fund it acquisition of Vueling. The bonds will accrue a fixed rate of interest of 1.75 % per a...
Uttlesford District Council has had to write off a business rates bill of £1.12m owed by Eighteen Aviation Limited, trading as Aero Toy Store which keeps aircraft at Stansted Airport and has defaulted...
AerCap Holdings has completed an amendment and upsize of its revolving warehouse facility. The non-recourse facility, which was originally put in place in 2006, has been amended to increase the trans...
Norwegian Air Shuttle has signed a Memorandum of Understanding with Virgin Atlantic which enables Norwegian to tap into Virgin Atlantic’s expertise on long-haul operations, while Virgin Atlantic’s ins...
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