As investors agree the merger between British Airways and Iberia, analysts are stating that British Airways shares have "material upside" primarily because, although supportive, investors are underest...
Gazpromneft-Aero has announced plans to invest RUB 100 million to establish its subsidiary, Gazpromneft-Aero Ulyanovsk. The subsidiary will provide the aircraft fuelling services and special liqu...
Bond market sources have confirmed to Aviation News that Portugal will require an EU bail out and that Spain and Italy are not far behind. Expect this to put further pressure on the single curr...
TransDigm Group is raising senior subordinated debt of $780 million due in 2018 to part finance the acquisition of McKechnie Aerospace Holdings. The loan will also be used to repay a portion of deb...
UK airline Flybe is set to launch an initial public offering (IPO) in December. Market rumours suggest the IPO will price the airline at £250 million, with some £60 million likely to be raised by th...
SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS ent...
Skywest Airlines has warned its first-half profit would drop by nearly $3 million due to costs associated with its A320-200 order. Shares in the airline slumped 10% on the news. Skywest executive chai...
Kenya Airways has been awarded Best Financial Disclosure in Africa at the World Finance awards. The airline, which is cross listed company on the Nairobi Stock Exchange, Uganda Securities Exchange and...
Journey Group, provider of airline products and services, has announced it is selling its stake in in-flight catering firm Alpha-Airfayre to its joint venture partner Autogrill for £3.5 million. Autog...
Rossiya Airlines will take delivery of a sixth An-148 from Ilyushin Finance Company (IFC) at VASO today. The management of VASO, UAC, IFC, Rossiya Airlines, as well as the administration of the Vorone...
The Federal Financial Markets Service has declared the fourth bond issue of UTair-Finance void because of its failure to place stocks. UTair had planed to place 2.5 million four-year bonds at RUB 1000...
Russian manufacturer United Aircraft Corporation (UAC) is to place series 01 bonds worth RUB 46.280bn (approximately $1.48 billion) following a decision by the board of directors. Some 46.280 million ...
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