Firstly we cannot start the week without a mention of the Aeroflot audit which each year reminds one of the fact that in Russian business there are a great many rather large carpets where a great ma...
United and JetBlue have both taken the opportunity in the first quarter to refinance old debt and secure new lines of credit, while Air Canada has closed its long-touted EETC earlier this week. Earl...
As reported here some months ago, Etihad Airways has confirmed its purchase of a 24% stake in Jet Airways for $379 million. The UAE carrier has agreed to subscribe for 27,263,372 new shares in Jet Air...
Air New Zealand's shares rose 5.6% after the NZ flag carrier stated its annual earnings will more than double. The airline expects normalised annual pre-tax earnings, which strips outs unrealised move...
As airlines in the US begin reporting results, longer delays started to occur across the board at US airports since 10% of the air traffic controller staff in the US were furloughed for two days a mon...
LOT Polish Airlines chief executive, Sebastian Mikosz, has voiced his dissatisfaction with Boeing on the way it has handled the disruption caused by the grounding of the 787. LOT was forced to suspe...
It is a busy time and right now the main things worrying most are the cost of recent ADs with compliance dates in May and the cost of avionics upgrades, FX risks have subsided somewhat but now it woul...
Prudent jet fuel hedgers are actively hedging their forward costs of jet fuel. At the time of this article, jet fuel costs have dropped more than $0.5000 c/gal (= %16.50) and now currently rest withi...
THY grew international passengers by 33% in Q1, while the number of passengers on domestic flights grew by 16% as the airline continues to power forward. Turkish Airlines (THY) flew around 10 million ...
It is clear that although the safety of the Indonesian aviation sector is going to be brought into question once again following the Lion Air crash, this, like so many things in life is a bit unfair a...
First Israel Mezzanine Investors Fund (FIMI) and El Al Israel Airlines signed an agreement on Saturday, which will see FIMI invest up to $75m in return for a 47% stake in the Israeli flag carrier. FIM...
Shares in Malaysian Airline System fell over 9% today after the airline confirmed a 3.1bn ringgit ($1.02bn) rights issue. Earnings per share will most likely suffer an 80% dilution if the right issue ...
We're Social