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...
Back in 2007 when I wrote about the US subprime crisis and the affect it will have on aviation, I based the findings that we were all in for trouble on the fact that banks could not sustain lending. N...
These are dark days indeed for engine manufacturer CFM, not because things are going wrong in the here and now but because the future outlook seems jaded at best. CFM has stated that the Leap X engine...
Irish Transport, Tourism & Sport Minister Leo Varadkar has opened discussions with airlines over abolishing the €3 travel tax, as part of a deal for airlines to re-open airline routes and bring touris...
A notice of proposed rulemaking (NPR) from joint US regulators including the Federal Reserve and the Federal Deposit Insurance Corporation has proposed new margin requirements for swap dealers and end...
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