For the year ending March 30, 2011, Air India is estimated to have posted a record loss of Rs. 7,000 crore, which is more than $1.5 billion. The news means the beleaguered carrier’s turnaround plan is...
Steven Udvar-Hazy thinks so. At a RBC Capital Markets event in New York City, the chairman and CEO of Air Lease, set out how the global economic crisis forced competition out of the aircraft leasing s...
As the parts market is flooded and aircraft rot in the desert (very slowly) we have to remind ourselves of what is on the horizon. The tax benefits for a company involved in recycling is going to be h...
As Emirates posted its impressive profit figures this week we have to wonder what the future holds for the already huge and rapidly expanding airlines of the Middle Eastern region. Recent revolutions ...
Meanwhile as Greece slides towards either default or a bailout (see our editorial of April 19 and 20 2011) we are asking companies within the EU what the impact will be on them. It was interesting to ...
Anyone thinking that the sovereign debt crisis in Europe will not have a direct effect on the future of aviation should look away now as this is the first state owned aviation asset to hit the fire sa...
The price of US crude oil fell 8.64% to $99.80 a barrel yesterday – the biggest one day fall since the height of the global financial crisis. Brent crude fell 9.78% to $109.02. The sharp increase in o...
It was a partial victory for Jet Airways before the Bombay High Court yesterday. Justice D Y Chandrachud came to the conclusion that "Jet Airways is liable to pay a consideration of Rs 1,450 crore and...
The International Air Transport Association (IATA) scheduled international traffic results for March 2011 showing that year-on-year growth in passenger demand had slowed to 3.8% from the 5.8% recorded...
Federal Police in Australian were forced to remove two passengers from a Virgin Blue flight over the Easter break because bad weather en-route to Bali had created a need for extra fuel making the airc...
Tiger Airways has cancelled fully-booked pre-Easter flights after the aviation regulator raised serious safety concerns. A Melbourne-Sydney flight due to leave at 11.50am today has been cancelled, whi...
We covered the Chinese bubble back in 2010 and then we said that things could not continue as they were with callable zero bonds at crazy rates that could damage the likes of BBVA who are expanding in...
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