Air Berlin PLC to cut capacity and fleet and to introduce other restructuring initiatives

Air Berlin PLC:Says has sufficient liquidity for restructuring initiatives and to deal with upcoming bond maturities.Remains committed to three segments: Europe, touristic and long haul.Says comprehensive restructuring program will be presented by the end of Sept. in full detail.Will focus on...

Wednesday, 20 Aug 2014 01:13pm EDT

Basta Holdings signs LOI with Heliflight PERU SAC to provide ACMI leasing of Helicopters through joint venture

Basta Holdings Corp:Signs a Letter of Intent (LOI) with Heliflight PERU SAC to form a joint venture (JV) that will provide ACMI leasing of helicopters throughout Peru.Parties have ninety (90) days to formalize their understanding into a definitive written agreement and one hundred twenty (120) to...

Monday, 18 Aug 2014 08:00am EDT

Finnair lowers FY 2014 turnover guidance and gives FY 2014 operational result guidance below analysts' estimates

Finnair Oyj:Says estimates its turnover in FY 2014 to be significantly lower than in FY 2013.Says estimates that its FY 2014 operational result will show a significant loss.Previously estimated its turnover in FY 2014 to be substantially lower than in FY 2013.FY 2013 revenue of 2.423 billion...

Friday, 15 Aug 2014 02:00am EDT

China Southern Airlines to issue medium term notes

China Southern Airlines Co Ltd:To issue medium term notes worth of 5,000 mln yuan.Other terms not disclosed.

Thursday, 14 Aug 2014 08:00pm EDT


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