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Archive for 2008/04


ANA makes $156m provision for possible price-fixing fine

ANA makes $156m provision for possible price-fixing fine

Dutch start-up Amsterdam Airlines targets June launch

Dutch start-up Amsterdam Airlines is aiming to secure its air operator’s certificate on 1 June and receive its first aircraft later that month in time launch operations on 27 June.
Amsterdam Airlines will specialise in three business areas: tour operator charter flights, business-to-business all-premium operations and wet-lease work.
It will launch using an International Aero […]

Silverjet agrees key $25m funding deal with UAE investor

UK long-haul all-business carrier Silverjet has provisionally secured $25 million in funding from an unnamed UAE investor, boosting its dwindling cash reserves.
London Luton-based Silverjet, which last month notified the stock market of potential acquisition talks, says it signed a memorandum of understanding (MOU) with the new investor on 29 April.
Under the debt […]

SIA’s third A380 financing syndicated

Financing for Singapore Airlines’ (SIA) third Airbus A380-800 (MSN 006) was syndicated within hours of the launch through the German co-operative sector banks with an equity volume of $98.3 million.
The aircraft has been in operational service since 11 March and is primarily serving the London Heathrow - Singapore route.
On 26 April, SIA […]

Runway debris detection system takes aim at human error

An advanced foreign objects debris (FOD) detection system developed by Israeli company Xsight is being tested at…