The first ACJ320neo (Airbus corporate jet) has successfully completed it’s maiden flight at Airbus’ Finkenwerder plant in Hamburg. The aircraft performed the two hour and 40 minute flight on Friday. It is powered by CFM LEAP-1A engines. Derived from the Airbus A320neo, the ACJ version includes features such as extra fuel-tanks in the cargo-hold that will deliver for increased range, …Read More »
Tag Archives: Corporate
Your opinion: Question of the week: Is Jet Airways too financially weak? What should existing investors do?
by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing concern on the agreement to …Read More »
by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The deferral has also shed light …Read More »
Yesterday, Dallas-Fort Worth based American Airlines announced a major re-branding effort, including an all-new logo and livery which it unveiled on its new flagship Boeing 777-300ER aircraft. This new branding will be expanded across American’s entire fleet over the next 3-5 years, as well as into airports and other corporate venues. The full press release from American is displayed below …Read More »