Ukraine turning the corner?
The Ukrainian airline industry has rebounded from a slowdown triggered by the bankruptcy of flag carrier Aerosvit, Deputy Prime Minister Alexandr Vilkul said yesterday. In April 2013 there was a 4.5% ...
The Ukrainian airline industry has rebounded from a slowdown triggered by the bankruptcy of flag carrier Aerosvit, Deputy Prime Minister Alexandr Vilkul said yesterday. In April 2013 there was a 4.5% ...
Polish flag carrier LOT Polish Airlines has today won temporary European Union backing for a rescue loan of 400 million zloty ($123.6 million) from the polish state. The European Commission today said...
Uttlesford District Council has had to write off a business rates bill of £1.12m owed by Eighteen Aviation Limited, trading as Aero Toy Store which keeps aircraft at Stansted Airport and has defaulted...
AerCap Holdings has completed an amendment and upsize of its revolving warehouse facility. The non-recourse facility, which was originally put in place in 2006, has been amended to increase the trans...
Norwegian Air Shuttle has signed a Memorandum of Understanding with Virgin Atlantic which enables Norwegian to tap into Virgin Atlantic’s expertise on long-haul operations, while Virgin Atlantic’s ins...
It is widely reported that Flybe is going to be selling off runway slots at London’s Gatwick airport to raise funds. The potential sell-off of 25 take-off and landing times, could raise up to £20m. Sh...
José Manuel Fernández Norniella has notified the Board of Directors of International Airlines Group of his intention, on personal grounds, not to stand for re-election at the next Annual General Share...
Tui Travel succeeded in reducing its operating loss by 14% in the first half of 2013. Operating loss reduced by £43m to £274m, with an underlying H1 operating loss of £289m (H1 2012: loss of £317m), w...
In April, Finnair traffic measured in Revenue Passenger Kilometres rose by 5.9% and the overall capacity grew 6.7% year‐on‐year. Passenger load factor fell by 0.5 percentage points and was 75.8%. In A...
As part of its agreement announced in April 2013, Wizz Air has closed a sale-leaseback deal for one A320 with ICBC Leasing. Three A320s have now been financed under this deal that encompasses eight A3...
Ryanair has welcomed the latest quarterly performance data from NATS (the UK’s Air Navigation Service Provider) which confirmed Ryanair’s outstanding performance on key safety measures. Ryanair was am...
Sebastian Mikosz, chief executive of Polish LOT Airlines, told news agency PAP that he may be forced to ask the Treasury Minister for another loan since losses during 2012 are in excess of 200 million...
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