It is all go today: Fiji's military government lead by Commodore Frank Bainimarama has issued a decree saying that all Fijian-registered air carriers must now be owned and controlled by Fijian nationa...
ICICI Bank, one of Kingfisher's lenders which also has a charge on promoter Vijay Mallya's liquor company shares, has asked the airline to provide additional securities or pay up following a sharp dro...
Willis Lease Finance Corporation today announced that its board of directors has declared the regular monthly cash dividend for its 9% Series A, Cumulative Redeemable Preferred Stock (Nasdaq: WLFCP) o...
Nimrod Capital and Doric Asset Finance have succeeded in listing of a further £200 million of C shares on the London Stock Exchange today under the Doric Nimrod Air Two Limited (DNA2) vehicle. DNA2 no...
TransAsia Airways Corp will be the only listed carrier in Taiwan to pay a cash dividend to its shareholders this year. TransAsia, which mainly operates regional and cross-strait passenger routes, post...
Aveos Fleet Performance is liquidating its Canadian aircraft maintenance business. The Quebec Superior Court gave permission yesterday for the maintenance company to cease all operations. Some 1,300 e...
International Air Transport Association (IATA) has forecast that the global airline industry could suffer losses of more than $5bn if the oil price climbs to $150 a barrel. Tony Tyler, director genera...
The US Senate has voted 55-44 against reauthorizing Ex-Im Bank’s charter and increasing its lending cap. The bank's temporary charter expires on May 31 and requires congressional approval for the bank...
Aveos Fleet Performance is liquidating its Canadian aircraft maintenance business. The Quebec Superior Court gave permission yesterday for the maintenance company to cease all operations. Some 1,300 e...
The US Senate has voted 55-44 against reauthorizing Ex-Im Bank’s charter and increasing its lending cap. The bank's temporary charter expires on May 31 and requires congressional approval for the bank...
Southern Sky Air & Tours, of Myrtle Beach, S.C., parent company of Direct Air, has filed for Chapter 11 protection from creditors in Massachusetts. All Direct Air flights had already been cancelled la...
The administrators of failed Air Australia have recommended liquidation as "the only realistic option available" and warned that about 500 unsecured creditors will get no return. In the first detailed...
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