Garuda Indonesia delayed IPO back on track
Garuda Indonesia IPO, previously scheduled for December 2010, is on track for launch in early February 2011. The airline is forecasting a net profit of 3.7 trillion rupiah in 2014, up from 669 billion...
Garuda Indonesia IPO, previously scheduled for December 2010, is on track for launch in early February 2011. The airline is forecasting a net profit of 3.7 trillion rupiah in 2014, up from 669 billion...
Shares soared in China Southern Airlines after its nine-month profit rose more than 15-fold. The airline expects to report the profit increase after passenger numbers rose 22% in the same period. It a...
Gaming giant Genting Singapore is set to enter the airlinge industry. The firm bought Genting Singapore Aviation (GSA) last month with the principle aim of owning and operating gambling. Further detai...
Some 21 passengers were injured when a Vietnam Airlines flight from Hanoi to Paris hit severe turbulence. "The flight hit turbulence around two-and-a-half hours after take-off. There were light injuri...
Despite expectations, Japan Airlines (JAL) is reluctant to change its business model to launch a low cost carrier. JAL chairman Kazuo Inamori said the airline should focus on high-quality service inst...
AGC Aerospace & Defense has appointed Timothy Wilson, to lead the AGC Finance group. The group aims to specialise in transactions between $500,000 and $3,000,000 for both new and used turboprop and sm...
Pemco World Air Services is converting four 757-200 passenger aircraft to Combi configuration for National Airlines. The cargo airline plans to operate five converted Boeing 757-200 combi aircraft, an...
Richard Anderson, Delta's chairman and chief executive officer, has publicaly stated that the European Union should help the region's carriers compete with fast-growing Middle East carriers. He says c...
Share in Textron, an aircraft, defense, industrial and finance service provider, have been downgraded by Barclays analysts to “Equal weight” rating. The price target was cut from $28.00 to $25.00. ...
Boeing’s third-quarter earnings have exceeded Wall Street’s expectations and the manufacturer has raised its outlook for the year. Strong demand for commercial aircraft shows airlines are investing in...
Fitch Ratings' Airline Credit Navigator report states that the credit quality and ratings outlook for the largest US airlines remains positive. US airline are reporting improved operating results for ...
Hawaiian Holdings, the airline’s parent company, has posted the 10th straight profitable quarter. Earnings for the airline were $30.5 million, a small dip on 2009 earnings of $30.7 million. Revenue, h...
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