Aeroflot
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UK freezes assets on Russian airlines, preventing sale of landing slots
UK freezes assets on Russian airlines, preventing sale of landing slots
Britain on Thursday froze the assets of three Russian airlines, preventing them from selling landing slots at U.K. airports that are worth up to 50 million pounds ($62 million).
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Created on: May 19, 2022 | 07:40 am
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Russia may spend $1.3 billion from wealth fund to recapitalise Aeroflot - Ifax
Russia may spend $1.3 billion from wealth fund to recapitalise Aeroflot - Ifax
The planned move is part of a new package of measures that the government is preparing to support economic development following Western sanctions over Moscow's actions in Ukraine.The NWF, which accumulates the country's oil revenues, will buy into a new[…]
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Created on: Apr 20, 2022 | 12:04 pm
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Aeroflot’s Decadeslong Turnaround Faces Undoing
Aeroflot’s Decadeslong Turnaround Faces Undoing
The Russian flag carrier was an award-winning airline flying new jets around the world, but all that is threatening to come undone as the European Union closes off airspace to Russian international carriers and the company’s chief executive is added[…]
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Created on: Mar 10, 2022 | 17:05 pm
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For BP's CEO, Russian exit eased by reservations about Rosneft stake
For BP's CEO, Russian exit eased by reservations about Rosneft stake
Within hours of Moscow launching its invasion of Ukraine, BP’s chief executive summoned his senior team to discuss the limited options for its Russian operations, including separating the British energy giant’s stake in Russian oil firm Rosneft or exiting completely,[…]
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Created on: Mar 9, 2022 | 08:03 am
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Aircraft Lessors Have a Russia Problem. It Might Not Be as Bad as Investors Fear.
Aircraft Lessors Have a Russia Problem. It Might Not Be as Bad as Investors Fear.
For aircraft leasing companies, the Russian-Ukraine conflict is an unwelcome event for an industry looking to emerge from the problems of pandemic.Shares ofAerCap(ticker: AER),AirLease(AL) andBOC Aviation(2588.Hong Kong) are down more than 20%, on average, from 2022 highs.AerCap, the world’s aircraft[…]
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Created on: Mar 4, 2022 | 10:26 am
Air France
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Air France-KLM in talks with Apollo over 500 million euro cash injection
Air France-KLM in talks with Apollo over 500 million euro cash injection
PARIS (Reuters) -Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection for one of its engineering and maintenance units to help repay French state aid."The[…]
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Created on: May 20, 2022 | 02:27 am
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Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines
Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines
Paris, 20 May 2022 Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines Reinforcement of Group’s equity Financing proceeds allocated to partial reimbursement of the French State AidReduction of[…]
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Created on: May 20, 2022 | 02:00 am
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French Shipping Firm to Take Stake in Air France-KLM in Air Cargo Expansion
French Shipping Firm to Take Stake in Air France-KLM in Air Cargo Expansion
CMA CGM’s 9% stake in the Franco-Dutch flag carrier comes as the world’s biggest container shipping lines have posted record earnings after demand for manufactured goods soared during the pandemic.
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Created on: May 18, 2022 | 08:18 am
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CMA CGM Buys 9% stake In Air France-KLM As Part Of An Air Cargo Partnership
CMA CGM Buys 9% stake In Air France-KLM As Part Of An Air Cargo Partnership
CMA CGM, a French shipping company, invests in Air France-KLM (OTC: AFLYY) as part of an air cargo partnership, counting on growing demands for flying goods worldwide while supply chains remain snarled in the aftermath of the pandemic, Reuters reported.[…]
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Created on: May 18, 2022 | 08:07 am
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Shipping group CMA CGM to take Air France-KLM stake under cargo tie-up
Shipping group CMA CGM to take Air France-KLM stake under cargo tie-up
CMA CGM, the French shipping group, is set to become a leading shareholder in Air France-KLM and will forge a partnership in air cargo with the carrier, part of a drive to expand its reach after a boom in its[…]
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Created on: May 18, 2022 | 02:01 am
British Air.
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Why Boeing Stock Lost 7% Today
Why Boeing Stock Lost 7% Today
One day after Boeing (NYSE: BA) stock bounced higher on news of a big 737 plane sale to the parent company of British Airways and Iberia (the International Consolidated Airlines Group), shares of the airplane-building juggernaut are falling 7.2% as[…]
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Created on: May 20, 2022 | 14:46 pm
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Boeing’s Starliner Reaches Orbit, Adding to Recent Better News for the Stock
Boeing’s Starliner Reaches Orbit, Adding to Recent Better News for the Stock
Boeing's Starliner spaceship is orbiting Earth on its way to the International Space Station after launching from Cape Canaveral, Fla., on Thursday evening.
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Created on: May 20, 2022 | 10:11 am
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Boeing Gets Good News: It Flipped an Airbus Customer
Boeing Gets Good News: It Flipped an Airbus Customer
British Airways parent International Consolidated Airlines ordered 50 jets. It should be a welcome sign for weary investors.
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Created on: May 19, 2022 | 13:53 pm
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BA owner provides boost for Boeing with order of 50 737 Max jets
BA owner provides boost for Boeing with order of 50 737 Max jets
British Airways owner IAG has agreed to order 50 Boeing 737 Max jets, handing the US aerospace group a much-needed boost as it struggles to overcome a series of production delays to its core programmes.The order is a boost for[…]
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Created on: May 19, 2022 | 06:33 am
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UPDATE 2-IAG orders 50 Boeing jets in partial switch from Airbus
UPDATE 2-IAG orders 50 Boeing jets in partial switch from Airbus
British Airways owner IAG announced plans on Thursdayto order 50 Boeing 737 MAX jets, reviving part of a stalled bid to replace Europe's Airbus for some of its short-haul flights while handing support to struggling Boeing.The order includes 25 of[…]
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Created on: May 19, 2022 | 03:20 am
China Southern
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Why Boeing Stock Bounced Back Today
Why Boeing Stock Bounced Back Today
Aerospace behemoth Boeing (NYSE: BA) stock took a 2.5% hit on Monday after Bloomberg reported that China Southern Airlines (NYSE: ZNH) is delaying acceptance of deliveries of more than 100 Boeing 737 MAX jetliners to 2025 or later.The good news[…]
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Created on: May 17, 2022 | 12:43 pm
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7 Chinese Stocks to Sell Despite Occasional Pops
7 Chinese Stocks to Sell Despite Occasional Pops
Some Chinese stocks have generated the occasional pop, but the risk-reward is skewed bearishly. Alibaba (BABA): China’s flagship has been plunging for the better part of the trailing year. JD.com (JD): JD.com is now reflecting consumer weaknesses pinged earlier this[…]
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Created on: May 17, 2022 | 06:15 am
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China's top airlines post heavy Q1 losses on COVID curbs
China's top airlines post heavy Q1 losses on COVID curbs
China's three biggest airlines have reported heavy first-quarter losses as prolonged COVID curbs weighed on travel demand and a weakening Chinese currency and rising fuel prices inflated costs, trends which persist in the current quarter.Analysts expect another year in the[…]
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Created on: Apr 29, 2022 | 07:28 am
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China Southern Airlines Company Limited Files 2021 Annual Report on Form 20-F
China Southern Airlines Company Limited Files 2021 Annual Report on Form 20-F
China Southern Airlines Company Limited (the "Company") (NYSE: ZNH; HKSE: 1055; SSE: 600029), announced that the Company has filed its 2021 Annual Report on Form 20-F (the "2021 Form 20-F"), which includes its audited financial statements for the fiscal year[…]
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Created on: Apr 28, 2022 | 10:19 am
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ALSTOM SA: Alstom wins largest light rail contract in Australia to deliver Next Generation Trams for Melbourne, Victoria
ALSTOM SA: Alstom wins largest light rail contract in Australia to deliver Next Generation Trams for Melbourne, Victoria
Alstom wins largest light rail contract in Australia to deliver Next Generation Trams for Melbourne, Victoria Framework agreement with Department of Transport Victoria worth approximately €700 million to provide 100 low-floor next generation tramsFlexity 2 light rail vehicle adapted to[…]
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Created on: Apr 21, 2022 | 02:08 am
