Tag: debts

Arena di Verona Opera Foundation in New York for Festival

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- May 30, 2019 01:56

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

editor editor- April 8, 2019 21:12

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

Chief Assignment Editor Chief Assignment Editor- March 11, 2019 17:30

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

Juergen T Steinmetz Juergen T Steinmetz- December 27, 2018 07:44

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

Chief Assignment Editor Chief Assignment Editor- December 21, 2018 23:25

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

editor editor- April 22, 2013 05:16

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

editor editor- March 27, 2010 04:58

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

editor editor- March 16, 2009 03:31

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