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Go Airlines (India) needs to raise funds to resume operations, its newly appointed resolution professional told employees of the troubled low cost carrier on Thursday, according to a source with direct knowledge of the matter. ....
Planning for Virgin Australia's upcoming initial public offering (IPO) is "well advanced", Chairman Ryan Cotton said on Wednesday in an internal email that also outlined bonus payments to the airline's shareholders and staff after a return to profit. ....
Dubai's main airport registered a 55.8% increase in passenger traffic in the first quarter of this year compared to last year, reaching 95.6% of 2019 pre-pandemic levels, operator Dubai Airports said on Tuesday. ....
Major stock markets in the Gulf were mixed in early on Tuesday, with Aramco's quarterly earnings lifting the Saudi index, while the Qatari and Abu Dhabi bourses tracked oil prices lower. ....
Ireland's Ryanair sealed a multibillion-dollar deal for as many as 300 Boeing jets on Tuesday, burying the hatchet after an 18-month public feud over prices upset one of aviation's closest partnerships. ....