Daily Archives: June 8, 2012

Weekly Airline Stock Update – BAASA Index Shows a Mixed Bag

Last week, Bangalore Aviation introduced the BAASA Index, the world’s first index of 30 airline stocks measured from a 3,000 point base value and designed to provide a broad based measure of airline financial performance and investor confidence in the airline industry. Over the past week, the BAASA index fell 0.49% to close at 2985.80 points. Performance was mixed across …

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Norwegian Air Shuttle confirms order for 100 Airbus A320neo

Norwegian Air Shuttle AS which operates under the brand Norwegian has confirmed an order, earlier announced in January, with Airbus S.A.S. The order makes Norwegian a new Airbus customer, and as well, one of the biggest A320neo customers. In January this year, Norwegian had also announced a firm order for 100 737 MAX airplanes which was developed by Boeing in …

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Singapore Airlines to introduce fourth daily flight to London Heathrow

Singapore Airlines (SIA) will introduce a fourth flight between Singapore Changi and London Heathrow from September 9th onwards. The fourth flight will be operated by a Boeing 777-300ER which features the ultra-luxurious Raffles business class, along with the latest cabin product of the airline which has a state of the art in-flight entertainment (IFE) system with full AVOD (Audio-Video On …

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AirAsia Japan takes delivery of its first Airbus A320; to commence operations August 1

AirAsia Japan, a 67%-33% joint venture between Japan’s ANA Group, which owns All Nippon Airways, and Malaysia’s AirAsia has taken delivery of its first Airbus A320 aircraft in Toulouse, France. The Japanese low cost carrier will start commercial services on August 1st from Tokyo’s Narita International Airport to the Japanese cities of Sapporo and Fukuoka, and from August 3rd to …

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SpiceJet to commence Dubai flights from Mumbai and Delhi

After almost two years after it commenced international flights, low fare carrier SpiceJet is expanding its destination portfolio by adding Dubai. The airline will commence daily flights from Delhi and Mumbai to Dubai later this month from June 25th. The flights will be operated by narrow body Boeing 737-800 aircraft and SpiceJet has announced a special inaugural fare of Rs. …

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