Airlines

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Allegiant Travel Co announces resignation of President and COO

4:53pm EDT

Allegiant Travel Co:Announces that Andrew C. Levy, President and Chief Operating Officer (COO) of the company, has resigned from his executive positions with the company and will step down from the Allegiant board.

Mega Corp Ltd appoints M/s Sipani & Associates as statutory auditors

Tuesday, 30 Sep 2014 06:04am EDT

Mega Corp Ltd:Says appointment of M/s Sipani & Associates as statutory auditors of the company.

Hainan Airlines Co Ltd announces change in accounting policy

Monday, 29 Sep 2014 08:00pm EDT

Hainan Airlines Co Ltd:Changed accounting policy to the new policies amended by China Ministry of Finance, effective July 1.

AirAsia Bhd announces incorporation of wholly owned subsidiary

Thursday, 25 Sep 2014 08:00pm EDT

AirAsia Bhd:Incorporates a wholly-owned subsidiary company known as Asia Aviation Capital Limited (AAC).Objective of establishing AAC is to provide aircraft leasing services for the AirAsia Group.Principal activities of AAC are acquiring aircraft and securing financing for these aircraft, Providing operating leases to the Affiliates, Managing the portfolio of aircraft including technical services; and Remarketing of aircraft leases and/or sale of aircraft.Initial issued and paid-up share capital of AAC is US$100 comprising 100 ordinary shares of US$1 each and will be raised accordingly to cater for its operational needs.

Hanjinkal announces public offering of common shares

Tuesday, 23 Sep 2014 04:00am EDT

Hanjinkal:To issue 43,121,149 new shares with par value of 2,500 won per share, at price of 26,298 won per share through public offering.To raise 1,133,999,976,402 won in total for acquisition.New shares to be listed on Nov. 20.

Air Partner plc declares dividend

Tuesday, 23 Sep 2014 02:01am EDT

Air Partner plc:Says it decided to pay an interim dividend of 6.66p per share (2013: 6.05p) an increase of 10 pct.Says the dividend will be payable on Oct. 24 to those shareholders who appeared on the register at Oct. 3.

Kenya Airways Ltd appoints new chief executive officer

Monday, 22 Sep 2014 08:00pm EDT

Kenya Airways Ltd:Announces that the board of directors has accepted the resignation of Titus Naikuni as a director and the group manging director of the company with effect from Oct. 31.Announces that Mbuvi Ngunze will replace Titus as a director and the group managing director and chief executive officer of the company with effect from Nov. 1 as opposed to Dec, 1.

JetBlue Airways Corp announces CEO succession

Thursday, 18 Sep 2014 04:34pm EDT

JetBlue Airways Corp:Says Robin Hayes, company's current President, will succeed Dave Barger as chief executive officer, effective Feb. 16, 2015.Barger will serve on JetBlue board of directors until Feb. 15, 2015, and Hayes is expected to join board on Feb. 16, 2015.

Easyjet PLC raises dividend ratio, buys more planes-Reuters

Wednesday, 17 Sep 2014 08:00pm EDT

Easyjet PLC:Says it would lift its payout ratio to 40 percent next year and had reached agreement with Airbus to add 27 planes to its fleet-Reuters.Says that for its financial year starting Sept. 30 its dividend would represent 40 percent of profit after tax, compared to the one third ratio it currently pays out to investors.Says it has reached an agreement with Airbus to exercise existing purchase rights over 27 current generation A320 aircraft for delivery between 2015 and 2018.

Aeroflot OAO creates new low-cost carrier subsidiary-Interfax

Tuesday, 16 Sep 2014 04:29am EDT

Aeroflot OAO:Aeroflot has now registered its new wholly owned LLC Byudzhetny Perevozchik or Low-cost Carrier subsidiary, the company said in a statement-Interfax.Another wholly owned subsidiary, Dobrolyot, started flights to Simferopol on June 10 but halted them on Aug. 4 due to sanctions imposed by the EU.

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