NEW BONDS FROM AIR BERLIN
Air Berlin has announced it will issue €150 million ($209.5 million) worth of bonds with a subscription period of November 2–5. it has also added an option to raise the figure by up to €50 million....
Air Berlin has announced it will issue €150 million ($209.5 million) worth of bonds with a subscription period of November 2–5. it has also added an option to raise the figure by up to €50 million....
Fly Leasing posted strong third quarter results for 2010. Adjusted net income was $14.1 million, excluding $1.9 million of share-based compensation, with net income of $12.2 million. Generated avai...
Aircastle has reported its third quarter results for 2010 with net income of $8.6 million and adjusted net income of $12.6 million. The results include pre-tax impairment charges of $7.3 million re...
Lufthansa and Colombian flag carrier Avianca has signed a codesharing agreement. The deal, which was signed by Stefan Lauer, CEO group airlines and corporate human resources at Lufthansa and Fabio V...
Eurocypria, the Cypriot state-owned charter airline, is ceasing operations to eliminate competition to Cyprus Airways. A Cyprus government spokesman says the island cannot support two charter airli...
Arkia Israel Airlines, Israel’s second largest airline after El-Al, is in talks to acquire a 30% stake in Montenegro Airlines. Milo Đukanović, the Montenegrin Prime Minister, and Predrag Nenezić, th...
British Airways has won an important court ruling backing its controversial changes to cabin crew contracts which led to a reduction of staff on some routes. The UK Court of Appeal upheld BA’s move...
A case brought by two investment funds, Irish Life Investment Managers and Deka Investment, called for a probe into how Airbus communicated to the market about its A380 programme. The two funds lost...
The British Airline Pilots Association says the number of recruits to flight colleges is falling. The UK could face a future shortage of airline pilots because of the soaring cost of training, a uni...
Following a four-hour High Court hearing on Aer Arann’s future yesterday, a deal was brokered that allowed Justice Mary Finlay Geoghegan to give her approval in principle to the rescue plan. Aer Ar...
British Midland International (BMI), Heathrow’s second largest customer airline, is threatening to sue the airport over what it says is an “outrageous” 50% rise in charges for its domestic flights. ...
French airline passengers face up to five days of travel disruptions as unions have planned to stage walkouts against government reforms. The national society of airline pilots, or SNPL, and the SN...
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