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Aviation Biofuels About to Take Off
An extraordinary convergence of recent events seems poised shortly to make aviation biofuels the belle of the investor’s ball. The first is that on June 8th there follows the international standards certifying body ASTM International announcing its...
Katrina Kaif New Brand Ambassador for Etihad Airways
The launch of Katrina Kaif as the new Brand Ambassador of Etihad Airways was accompanied with lot of paparazzi and glamor as expected. Mr. Andrew Ward, Vice President Marketing Etihad Airways and Neerja Bhatia, Country Manager empowered and took over...
UK And Irish Ministers Agree Air Space Arrangement
Rosie Winterton, UK Minister of State for Transport and Noel Dempsey, Irish Minister of State for Transport, today announced agreement on the first functional airspace block (FAB) in Europe. A FAB is a means of more efficiently managing airspace along...
U.S. Airline Industry Headed Toward ‘Catastrophe’ At Current Oil Prices
At current oil prices, several large and small U.S. airlines will default on their obligations to creditors beginning at the end of 2008 and early 2009, according to a study issued today by AirlineForecasts, LLC and the Business Travel Coalition.
Aviation Industry Resisting India’s New Passenger Data System
International airlines are resisting India’s new passenger information system, set to be implemented at the end of this month. Carriers say the system, as proposed, is incompatible with existing databases. VOA Correspondent Steve Herman reports...
Government to Insist That Travel Industry Collects Fingerprints of All Foreigners Leaving the U.S.
The federal government is expected today to “order commercial airlines and cruise lines to prepare to collect digital fingerprints of all foreigners before they depart the country under a security initiative that the industry has condemned as costly...
Eos Airlines Enters Into Term Sheet for $50 Million of Capital
In the face of tight credit markets and an economic environment that has led to several industry failures, Eos Airlines announced today that it has agreed to a term sheet outlining the terms on which Eos will secure an additional $50 million in capital...
US Airlines Delta And Northwest Agree to Merge
Rival United States airlines Delta Air Lines and Northwest Airlines announced today that they have agreed to merge. The new airline, which will use the Delta name, will be the largest commercial airline in the world.
