Tiger Airways Holdings’ shares plunged as much as 3.9% to $1.96 in trading yesterday before closing at $2.01, down 1.47% on heavy trading volume of 1.8m shares. This was after the low cost airline was...
Banks working to restructure the debt packages of both Kingfisher Airlines and Paramount are reported to have approached the Reserve Bank of India (RBI) to treat aviation debt as standard assets rathe...
Kingfisher Airlines is to launch a $250 million GDR issue shortly, and is also in the process of restructuring its debt with a consortium of bankers, chairman Vijay Mallya said on Thursday. Speaking a...
Aviation News broke the story that Ethiopian Airlines was joining the star Alliance four days ago – Now we bring you more global breaking news – Make sure this news service is your main read each day ...
British Airways and Iberia have finally signed a strategic alliance with American Airlines to cooperate on flights between Europe and North America. "The joint business will launch this October," Brit...
The low cost carriers (LCCs) have a dilemma. Their market has been contracting for some time now but moreover it is the fact that their rivals, the traditional airlines that make up flag carrier and l...
A senior executive at Ethiopian Airlines told Aviation News that 28 CEOs who are members of the Star Alliance group will come to Addis Ababa on Tuesday (Sept 28). The executive said the CEOs will deli...
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