Insight Investment £169.9m Diversified Target Return fund is targeting aviation funds in a bid to guarantee stable return profiles. Fund managers Steve Waddington and Mike Pinggera have invested in Do...
The Cabinet Committee on Economic Affairs (CCEA) has approved an equity infusion of Rs 1,200 crore into Air India, boosting its equity base to Rs 3,345 crore, which should make it easier for the airli...
Airline stocks continued to tumble yesterday, as investors become more wary of investing in airlines as the broader markets all fall in response to the worsening economic situation in Europe and the U...
Although the Kuwaiti government has succeeded in convince the majority of Kuwait Airways’ 2,600-plus staff to retire, or take other government jobs, in order to cut its crippling wage bill, it may str...
Air India is still searching for finance to pay for one Boeing 787. The airline will receive it first 787 by the end of the year and will need to secure nearly $830 million to cover 85% of the total c...
Shares in Southwest Airlines Company were trading at a 52-week low yesterday at $9.53, below its previous 52-week low of $9.61. Shares are down 25.1% year to date as of the close of trading on Monday....
Natixis Transport Finance has financed the predelivery payments (PDPs) for 24 Airbus A321s due to be delivered to US Airways between 2011 and 2012. At list price, the total aircraft are worth around $...
UTair Aviation affiliate UTair-Finance has issued RUB1.5 billion bonds, with a maturity of five years and a 91 day coupon period. The application book was closed with a coupon level at 9.5% per annum,...
As the initial stage in its privatisation, Kuwait Airways has put up a $280m stake for sale to international carriers and investors. Talks with potential investors will begin this week, reports the Fi...
Delta Air Lines has reported second quarter adjusted earnings per share of 43 cents, missing analysts’ estimates by a penny. Although revenue climbed 12% year over year to $9.15 billion, the airline’s...
Southwest Airlines will pay a dividend of half-cent per share on September 15 to all shareholders as of August 25. This will be the low-cost airline’s 140th straight dividend. The dividend amount has ...
Rand Merchant Bank has spent US$40 million (about 250 million rand) on three Bombardier Q400 aircraft bought from Flybe to be leased to SA Express as part of a concerted effort to grow its aviation po...
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