Today’s oil prices show a slight dip (Brent Crude Oil: $117.99 a barrel) but they remain high and are a significant concern for all airlines. Ryanair’s Michael O’Leary reports failing profits today on...
Things don’t get much better than that in India. There is currently a huge boom in tourism and rising disposable incomes and India’s aviation industry has experienced a sharp rebound in travel demand ...
The big news today is the meeting between Greece and the EU to resolve the crisis engulfing the Euro Zone. If the Germans are not willing to take an almighty hit to their finances then we can all expe...
Both the Wall Street Journal and Reuters have reported that Boeing has offered American Airlines (AA) a re-engined version of the 737 which has led to a rush of last minute talks before todays expecte...
Finance houses up and down Wall Street have been alight with talk that American International Group (AIG) is looking to sell a 25% stake in ILFC. This news is nothing new but various sources are now s...
The US and India are poised to sign a landmark bilateral aviation safety agreement that will open up the aeronautical products market to US exporters. The deal will be signed by Hilary Clinton, US Sec...
The Indian government finance ministry has refused Air India’s request to release Rs 105 crore as payment for the VVIP flights operated by the airline. Air India was hoping this money would allow it t...
In a statement to the Shanghai Stock Exchange, Hainan Airlines outlined a plan to raise up to eight billion yuan ($1.2 billion) via a private placement of 1.247 billion shares with a set lower limit o...
Li Jiaxiang, the head of the Civil Aviation Administration of China, has stated that the country would initiate favourable tax policies to help domestic airlines open new international passenger and c...
Terra Firma, the Greg Hands led private equity fund, is considering a potential £4bn bid for RBS’s aircraft leasing business. This would mean that a merger with AWAS is on the cards if all goes to pla...
India’s three listed airlines look to have finished in the red for the quarter to June 2011 on the back of high jet fuel prices, excess capacity and fierce competition for passengers. You will reca...
Yesterday there was a purge of Avianova management. But this was not because of shoddy or lacklustre work it was a targeted coup by the Russian majority shareholder, A1, against foreign members of the...
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