Spirit shares tumble on drop in revenue news
Shares in Spirit Airlines fell on Friday following a warning from the Florida airline that its revenue per available seat mile, would fall between 2.5% and 4.5%. Spirit blames a fall in demand caused ...
Shares in Spirit Airlines fell on Friday following a warning from the Florida airline that its revenue per available seat mile, would fall between 2.5% and 4.5%. Spirit blames a fall in demand caused ...
Nigeria's billionaire businessman, Barrister Jimoh Ibrahim, acquired Virgin Nigeria in April 2009 saddled with debts of $373 million to add to its N37 billion (about $250 million) purchase price. By t...
El Al Airlines is preparing to halt flights to Cairo due to low demand, and high security and operating costs. The news was conveyed to Israel's foreign minister in an open letter published in the Maa...
Air China has confirmed its order of five 747-8 Intercontinental aircraft. The airline had originally signed a memorandum of understanding for aircraft. ...
Cathay Pacific Airways has posted a 1.6% increase in passenger traffic in August, as measured in RPKs. Actual passenger numbers rose by 4% to 2.61 million. ...
China Eastern Airlines has issued 2.29 billion yuan ($362 million) of new A shares and HK$1.62 billion ($209 million) of new H shares. China Eastern Air Holding Co and CES Finance Holding Co will buy ...
Despite its financial difficulties, Air India Chairman Rohit Nandan has indicated that the carrier is exploring the possibility of adding more aircraft to its fleet. "The committee will look into the ...
Spirit Airlines has posted an 18.9% increase in traffic in August, on a capacity increase of 20.5%. The airline’s load factor for the month declined by 1.2% to 86.5%. ...
Southwest Airlines raised fares again yesterday – adding $10 per round trip on about 10% of its routes. Delta Air Lines, US Airways, JetBlue, American Airlines matched the increase on some routes whil...
Emirates Airline will begin daily flights to Algiers from March 2013. Algiers is the airline’s 22nd destination in Africa. H.H Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates...
British Airways Engineering, the Maintenance, Repair & Overhaul (MRO) provider, has announced that it has signed a letter of intent with Airline Services Components Limited and Messier-Bugatti-Dowty (...
Lufthansa has signed a MoU with Solena Fuels Corporation to work to produce a sustainable biofuel source. Solena has identified a site for its first Sustainable Biofuel Facility in Germany at the PCK ...
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