Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
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Emirates Airline fails to pay Indian service tax for five years
Claiming inadvertence, a service tax audit discovered an unpaid service tax of INR1.75 billion for five years by Dubai's Emirates Airline.
Airport modernization imperative in India
According to a study, airport modernization programs are necessary to improve services. According to the study conducted by the aviation consultancy firm CAPA in partnership woth aviation IT solutions provider SITA, special provisions such as WiFi inflight, use of mobile devices, self-check in areas, biometrics and e-Passports should be implented in the new airports in India.
New investments keep Alitalia flights on time
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
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Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.
The European Union approved Aegean Airlines' takeover of Olympic Air. European Union regulators gave approval to Aegean Airlines to purchase Olympic Air.
Two major names, R Stephen Hannahs and Two Sigma Private Investments, announce the formation of Wings Capital Partners.
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
The Abu Dhabi based airline's revenues jumped by 11% for the third quarter of the current year.
New Italian PM Enrico Letta seeks to block the intent of Air France-KLM to increase its shareholdings in Alitalia.
Judge Colleen Kollar-Kotelly had turned down the US Department of Justice's request to delay the hearing of the case against AMR Corp and US Airways Group Inc regarding the airlines' planned merger.
A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.
