The new export credit rules agreed this week, to be confirmed by January 20, will make financing more expensive using export guarantees because the premiums will be raised from February 1. Minimum ...
China Southern Airlines plans to boost the registered capital of Xiamen Airlines to three billion yuan from 1.2 billion yuan jointly with Xiamen C and D Corporation and Hebei Aviation Investment Gro...
Analysts have warned Kingfisher Airlines that it should guard against adding fresh debt and losing senior executives despite the restructuring of its Rs.7,000 crore debt having been approved by the...
China Eastern Airlines and China Ocean Shipping have stated they will inject funds into their joint venture China Cargo Airlines. It is hoped the CNY2.05 billion ($308 million) cash injection will b...
Equities research analysts at Soleil Securities upgraded shares of Southwest Airlines Co. from a “hold” rating to a “buy” rating in a research note to clients and investors on Friday. The analysts ...
Equities research analysts at Zacks Investment Research downgraded shares of Pinnacle Airlines Corp. from an “outperform” rating to a “neutral” rating in a research note to clients and investors on...
The six largest US airlines have built up $23.8 billion in cash to cushion against future shocks and to pay down outstanding debt. This is the highest US airlines have had cash as a percentage of a...
British Airways shares have taken a dip following the disruption at Uk airports due to the bad weather. Shares in the UK flag carrier were down 6.7p at 263.5p. The news the airline faces further str...
JG Summit, the parent of Cebu Pacific, is reported to have bought 300,000 shares of its airline unit last week following its share price dropped by 25%. “This is a reflection of our confidence in ...
Southwest Airlines has narrowed down its search for a new reservation systems provided to Amadeus and Sabre Holdings. Amadeus shares fell on the news by 1.2% suggesting it is not the favourite. ...
Airline stocks came under pressure in trading yesterday. Cathay Pacific Airways tumbled 7.2% to HK$22. The stock has been among the best performers in Hong Kong this year with a rise of more than 50%....
French aerospace components group Zodiac Aerospace revenue grew 35.6% in its fiscal first quarter, which has led the group to reaffirm its financial targets for the full fiscal year ending August 31, ...
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