Tag: debts
Arena di Verona Opera Foundation in New York for Festival
A few days after the success of Shanghai, the targeted marketing action of the Arena Foundation for the promotion of the Opera Festival Arena continued in New York. At the ... Read More
Ailing Avianca’s plan to sell airport slots might be rejected
Avianca is the fourth largest airline in Brazil, and it has been in judicial recovery since December of last year with debts of approximately R$500 million. A new plan approved ... Read More
Azul to buy Avianca Brasil’s assets
Azul S.A, the largest airline in Brazil by number of departures and destinations, announces today that it has signed a non-binding agreement with Avianca Brasil to acquire certain assets of ... Read More
Tanzania Fastjet pleading with Tanzania Civil Aviation Authority
Tanzania based and grounded Fastjet wants to resume operation. Yesterday Chairperson Lawrence Masha urged the Tanzania Civil Aviation Authority (TCAA) to allow the airline to resume flights. Read More
Boeing and Embraer approve terms of strategic joint venture
Boeing is expected to further expand its business aviation segment with the strategic joint venture with Embraer - one of the major business jets and light jets manufacturers. The joint ... Read More
Kingfisher must clear debts before it is allowed to fly again
NEW DELHI, India - It is unlikely that Kingfisher Airlines will be able to restart operations any time soon. Read More
Amadeus to make initial public stock offer to pay debts
At least 25 percent of Amadeus will be publicly traded when the company makes its initial public offering (IPO) of stocks in an attempt to raise US$1.23 billion so it ... Read More
China grounds debt-laden East Star Airlines
BEIJING - China grounded East Star Airlines, a small private carrier based in the central city of Wuhan, for being unable to pay back heavy debts and for "poor internal ... Read More