JET AIRWAYS UPDATE
It was a partial victory for Jet Airways before the Bombay High Court yesterday. Justice D Y Chandrachud came to the conclusion that "Jet Airways is liable to pay a consideration of Rs 1,450 crore and...
It was a partial victory for Jet Airways before the Bombay High Court yesterday. Justice D Y Chandrachud came to the conclusion that "Jet Airways is liable to pay a consideration of Rs 1,450 crore and...
The International Air Transport Association (IATA) scheduled international traffic results for March 2011 showing that year-on-year growth in passenger demand had slowed to 3.8% from the 5.8% recorded...
Federal Police in Australian were forced to remove two passengers from a Virgin Blue flight over the Easter break because bad weather en-route to Bali had created a need for extra fuel making the airc...
Tiger Airways has cancelled fully-booked pre-Easter flights after the aviation regulator raised serious safety concerns. A Melbourne-Sydney flight due to leave at 11.50am today has been cancelled, whi...
We covered the Chinese bubble back in 2010 and then we said that things could not continue as they were with callable zero bonds at crazy rates that could damage the likes of BBVA who are expanding in...
Back in 2007 when I wrote about the US subprime crisis and the affect it will have on aviation, I based the findings that we were all in for trouble on the fact that banks could not sustain lending. N...
These are dark days indeed for engine manufacturer CFM, not because things are going wrong in the here and now but because the future outlook seems jaded at best. CFM has stated that the Leap X engine...
Irish Transport, Tourism & Sport Minister Leo Varadkar has opened discussions with airlines over abolishing the €3 travel tax, as part of a deal for airlines to re-open airline routes and bring touris...
A notice of proposed rulemaking (NPR) from joint US regulators including the Federal Reserve and the Federal Deposit Insurance Corporation has proposed new margin requirements for swap dealers and end...
“The heart beat of an airline CEO increases and decreases with the price of fuel,” says Tewolde Gebremariam the CEO of Ethiopian Airlines in an interview in the next issue of Airline Economics. “The f...
Airbus has warned that the unrest in the Middle East and North Africa could result in the loss of 60 orders in 2011 – that’s 40% of the total expected from the region. Habib Fekih, Airbus’s president ...
The cost of jet fuel has surged 35% since the start of the year to close at $141 a barrel last week. The price of crude oil rose above $113 for the first time in 30 months due to the continuing unrest...
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