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, ...
Flybe, the UK’s largest regional airline, had a turbulent first day of full trading on the London Stock Exchange as the market was dulled by the news coming out of the Euro zone and the UK jobs market...
Three US airlines are ranked in the country’s top 401(k) plans. Southwest, United Airlines and American Airlines all feature in the top 43 US 401k plans compiled by independent datatracker BrightSc...
Ethiopia has chosen China Road and Bridge Corporation to build facilities for more aircraft at Addis Ababa Bole International Airport. The $66 million contract includes the construction of apron w...
Aircraft cabin parts manufacturer B/E Aerospace has closed a $750 million revolving credit facility that will mature in December 2015. The cash has been used to refinance the $343 million outstandi...
Direxion launch Direxion Airline Shares ETF (FLYX). Direxion’s first non-leveraged ETF is linked to the NYSE Arca Airline Index. FLYX, launched December 8, owns 13 stocks and the fund’s annual expe...
Hawaiian Airlines has confirmed it has repaid loans with an expanded line of credit worth as much as $75 million during the next four years from Wells Fargo Capital Finance and others. The credit ...
In an update to the story reported yesterday Doric Nimrod Air One – the new Guernsey-domiciled closed-ended fund – has raised £39,625,000 through the placing of 39,625,000 new shares. Admission of ...
Dniproavia Airlines is poised to acquire a 61.58% stake in Ukraine International Airlines for UAH 516.841 million (approximately $64.8 million). Serhiy Tkachenko, the chairman of the Dniproavia, ma...
The United Aircraft Corporation (UAC) has announced is will place RUB 46.28 billion ($1.542 billion) worth of nine-year bonds worth roubles during first quarter of 2011. Sberbank, VEB Capital and V...
State-owned Dubai Aerospace Enterprise (DAE) is selling StandardAero as part of its strategy to pay down debt. DAE is believed to be willing to take a full or part offer for the company so it could...
British Airways has announced plans to increase the frequency of flights between Glasgow to London City from next year. From June 2011, frequency of flights to Glasgow will increase from four to fi...
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