Friday, September 21, 2012

Irish Aviation Authority Finds Ryanair in Compliance with Minimum Fuel Standards

There's been recent controversy over complaints by Spanish authorities that Ryanair planes might be carrying less than the minimum amount of fuel required to safely reach their destinations. Ryanair has attempted to reduce fuel costs and improve fuel efficiency by limiting the excess fuel carried on its flights. The initial investigation by Irish authorities appears to have found Ryanair in accord with its legal requirements.

September 21, 2012 | Permalink | Comments (0) | TrackBack (0)

Thursday, September 20, 2012

Arik Air Suspends Domestic Flights

Arik Air, Nigeria's largest carrier, has halted all domestic flights indefinitely after its offices were raided Thursday, allegedly by government officials. The airline and government aviation authorities offer differing accounts of the incident. The airline is heavily in debt to the government and is supposedly behind on payments to its employees as well. This incident marks the latest misfortune for Nigeria's struggling aviation sector.

 

September 20, 2012 | Permalink | Comments (0) | TrackBack (0)

Tuesday, September 18, 2012

Foreign Carriers Already Contemplating Moves in Indian Market

Etihad has emerged as a leading candidate to become the first foreign carrier to take advantage of India's newly relaxed FDI rules. Etihad is in discussions to acquire a minority stake in Jet Airways. In related news, a number of LCCs, notably AirAsia, are said to be contemplating investing in Indian startups.

September 18, 2012 | Permalink | Comments (0) | TrackBack (0)

Monday, September 17, 2012

Tepid Interest in TAP

The Wall Street Journal has the details. Neither IAG nor Lufthansa submitted a bid for the Portuguese flag carrier. The government needs to sell the airline by the end of the year.

September 17, 2012 | Permalink | Comments (0) | TrackBack (0)