IATA REPORTS AIRLINE SHARE PRICE DROP
The International Air Transport Association’s (IATA) Airlines Financial Monitor May/June 2011 report states that airline share prices have fallen 12% so far this year even though worldwide share price...
The International Air Transport Association’s (IATA) Airlines Financial Monitor May/June 2011 report states that airline share prices have fallen 12% so far this year even though worldwide share price...
Low-cost airline Interjet has called off its planned listing on the Mexican stock exchange yesterday due to unfavorable market conditions. Interjet said in a statement it decided not to go ahead with ...
Russian vice premier and finance minister Alexei Kudrin has confirmed that the government’s 51% stake in Aeroflot has been put on the extended list of strategically important enterprises scheduled for...
Zacks Investment Research has downgraded its recommendation on TAM to Underperform from Neutral. The analyst stated that they believe “the formation of LATAM due to the proposed merger of Lan Airlines...
Danish airline Cimber Sterling is reported to be finalising a DKK165 million ($31.28 million) deal with a Ukrainian billionaire to help create a regional Nordic airline. Cimber confirmed it had agreed...
Hong Kong-based leasing company, ANI Group Holdings, has signed a preliminary deal with Mitsubishi Aircraft Corp, to sell five of its new MRJ regional jets to a firm serving Indonesian airlines. The d...
TAAG Angola Airlines has secured $256 million loan with an US Export-Import Bank guarantee for one 777-300ER aircraft with GE90-115B engines. The guaranteed lender is the New York-based Private Export...
Capital Management House, the Bahrain based investment bank, has announced it has made the first distribution of dividends to investors of its aircraft leasing investment fund, which was established i...
Singapore Airlines shares gained 3% since the price of oil fell last week. Air China and Cathay Pacific Airways also saw their stocks gain immediately after the fall. However, analysts are warning tha...
Dubai’s first low cost airline, has secured financing worth USD $80 million, at list prices, with aircraft leasing company, MC Aviation Partners (MCAP); for the remaining B737-800NG aircraft the airli...
Chinese aircraft maker Aviation Industry Corp has sold CNY5 billion ($769.1 million) worth of bonds on the interbank market via private placement. Industrial & Commercial Bank of China was underwriter...
WestJet Airlines first-quarter earnings have beaten analyst estimates. The low cost carrier posted a first-quarter profit of C$48.2 million or 34 Canadian cents a share. This is well ahead of a restat...
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