1TIME RAISES NEW CAPITAL TO FUND EXPANSION
Aviation group 1time has announced it had raised R65 million in new capital through the sale of a 25% stake to two black economic empowerment (BEE) groups, Mtha Aviation and SKMT Sunrise Investment Gr...
Aviation group 1time has announced it had raised R65 million in new capital through the sale of a 25% stake to two black economic empowerment (BEE) groups, Mtha Aviation and SKMT Sunrise Investment Gr...
To finance the large amount of aircraft Etihad Airways has on order, the airline is estimated to need to raise $13.3 billion in the next decade. This accounts for the $15.8 billion Etihad has indicate...
The director general of the Dubai Ruler's Court Mohammed Ibrahim Al Shaibani has suggested that the emirate could offer a stake sale in Emirates Airline as part of plans to reduce the its debt. "The p...
TAT Technologies, unit of KMN Holdings (Mendelson Group) that provides services and products to the commercial and military aerospace and ground defense industries, reported a net loss of $ 5.1 millio...
Analysts have stated that the view on Kingfisher Airlines is bearish because the airline still looks unattractive from a valuations perspective. With fuel prices expected to continue to rise, this out...
China Eastern Airline shares rose 1.8% in trading today, the most in a week, to 7.30 yuan. The airline aims to cut its assets-to-liability ratio to 70% in one-to-two years, the Xinhua News Agency repo...
Air China shares rose 2.9%, the most since October 26th, to 12.97 yuan. The carrier said it raised 5.6 billion yuan ($841 million) from the sale of 483.6 million A shares and HK$1.04 billion ($134 mil...
Pakistan International Airlines owes Rs.1.11 trillion and only holds holding of Rs.16 billion in the form of assets, according to its managing director Ijaz Haroon. He presented the figures to the sub...
The Malawian parliamentary committee on transport and public works has requested the government pay off Air Malawi’s debts of K4.1 billion ($27million) and inject a further K1.8 billion ($11.8million)...
Dahlman Roase & Co has initiated coverage on Fly Leasing Ltd with a Buy rating and a $16.50 price target. In a note sent to investors, Dahlman Rose writes, "As a pure play on aircraft leasing, in the ...
Air China and Air Macau are to increase there fuel surcharges from the start of December to US$27.50 from US$25 per passenger to offset increasing jet fuel costs. ...
Cathay Pacific Airways, has received approval from the Civil Aviation Department of Hong Kong to levy an increased passenger fuel surcharge form December. Cathay will raise its surcharge for short-hau...
We're Social