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May 29, 2012 – Bangalore Aviation

Daily Archives: May 29, 2012

Introducing the BAASA Index – The World’s First Airline Stock Index

As the post title indicates, we’d like to introduce the Bangalore Aviation Airline Stock Average (BAASA), by our count, the first officially defined Airline Stock Index. The goal of this creation is to provide a measure of global airline financial performance, and investor sentiment about the global airline industry. In creating the index, we first picked a representative sample of …

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Income tax department re-freezes Kingfisher Airline’s bank accounts

The income tax department has frozen two of Kingfisher Airline’s bank accounts for alleged non-payment of dues. However the airline has clarified in a statement The IT department attached two of our bank accounts on May 24th which was not in accordance with the speaking order of the Hon’ble IT Appelate tribunal during the hearing. Subsequently, in a written order …

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Photo: Malaysia Airlines takes delivery of its first Airbus A380 super-jumbo

Airbus has delivered to national carrier Malaysia Airlines (MAS) the first of its ordered six Airbus A380 superjumbos. Malaysia Airlines becomes the eighth A380 carrier. The MAS A380 has 494 seats in a three class configuration with 8 seats in first class, 66 in business, and 420 in economy. The first class is in a 1-2-1 configuration and boasts the …

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