Vienna Airport Investor Looking For Higher Bid

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Published: November 25, 2014

Vienna Airport minority investor Petrus Advisers said it is rallying support from other shareholders for a higher bid from Australia’s IFM Investors for a stake in the airport. IFM Investors is offering to buy between 20 and 29.9 percent in Vienna Airport for EUR€80 a share. The subscription period runs to December 12. “There is […]

Three In Final Stage Of Greek Airport Tender

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Published: November 25, 2014

The three groups bidding to lease and operate 14 of Greece’s 39 regional airports have met the necessary technical requirements and their offers will be opened on Tuesday. The tender to operate airport terminals at some of Greece’s most popular tourist islands such as Rhodes, Corfu, Mykonos and Santorini is part of the country’s privatization […]

Frontier Orders Nine Airbus A321ceos

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Published: November 24, 2014

Frontier Airlines has ordered nine Airbus A321ceo aircraft, worth USD$ 990 million at list prices. Airbus said the order was Frontier’s first purchase of the largest member of the A320 family and that, including the new order, Frontier now had an order backlog of 89 aircraft, including 80 A320neos. Frontier has not announced its engine […]

SpiceJet In Talks To Raise Capital

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Published: November 24, 2014

India’s SpiceJet is in “exploratory and preliminary stage” talks with investors about raising fresh capital that it needs to return to profitability, the budget airline said in a regulatory filing. SpiceJet, which this month reported its fifth consecutive quarter of losses, has been trying to raise fresh capital for much of this year. It said […]

Airlines Look To Tap Customer Data

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Published: November 24, 2014

Airlines are seeking to work more closely with travel technology companies to mine customer data for ways to generate more revenue beyond ticket sales, emulating other industries already using these methods. While retailers have implemented ever more inventive ways to use customer data, both online and offline, many airlines have been slower, only recently looking […]

Lufthansa Gains Market Share In Germany

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Published: November 24, 2014

Lufthansa has won a bigger slice of its domestic market in recent months, its chief executive told the Sueddeutsche Zeitung newspaper. “At least over the last few months we were able to increase our market share in Germany,” CEO Carsten Spohr was quoted as saying in the paper’s Monday edition. Spohr voiced optimism that the […]

Swiss Agency Queries Etihad’s Darwin Stake

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Published: November 23, 2014

Swiss authorities have given Darwin Airline until the end of January to answer more questions about Etihad Airways’ plans to buy a third of the Swiss carrier before it gives the deal the green light. Etihad has already agreed to relinquish a role in the appointment of senior executives in order to secure approval for […]

Dutch Complete Recovery Of MH17 Wreckage

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Published: November 23, 2014

A week long operation to recover wreckage from the crash site of Malaysia Airlines flight MH17 in Ukraine has been completed, the Dutch government said on Sunday. A cargo train took pieces of the Boeing 777 to the eastern Ukrainian town of Kharkov. The wreckage will be transported to the Netherlands and reconstructed as part […]

Car Thief Crashed Fence And Raced Down Runway

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Published: November 22, 2014

A car thief who crashed through airport fencing and careered onto a runway, leaving an aircraft running low on fuel circling above, was jailed for three years and eight months in Britain on Friday. Prosecutors said Matthew Dobson, 40, had stolen a car in the eastern port of Grimsby in August and had driven at […]

US, Mexico Aviation Deal Removes Flight Limits

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Published: November 22, 2014

The United States and Mexico have reached an agreement to expand passenger and cargo air service that would remove current limits on the number of airlines that can provide passenger service on routes between the two countries. As a result, the US Transportation Department said some routes might see new carriers entering the market, and […]

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