Sources told Bloomberg that the Blue Bird Group had begun to check investor demand for its planned USD 450 million IPO.

Airbnb co-founder and CTO Nate Blecharczyk said the company was not interested in releasing financial information, including its USD200 million investment round held a year ago.

If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.

In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.

The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.

Despite the recent quarterly loss report from Jet Airways, Etihad is still awaiting the completion of the deal.

Boeing has to cut production of its 747 jets because of the changing economic landscape, a report said.

The Boeing 747 could be headed towards an uncertain future, according to an Associated Press report.

The Foreign Investment Promotion Board provides approval Tata-SIA venture. The Indian government approved the proposal from Singapore Airlines to commence an aviation venture with Tata Sons through an initial foreign direct investment of USD49 million.

Aircraft maintenance services provider HAECO expands services portfolio with the acquisition of Timco Aviation Services,Inc.