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Cimber Sterling gets lifeline

Danish airline Cimber Sterling received a $31.9m lifeline and will be part of a new Nordic airline.  The smaller rival to SAS and Norwegian Air Shuttle confirmed its non-binding deal which gives Ukrainian billionaire Igor Kolomoisky a stake of about…

DAE cancels Airbus orders

So, the air in the Gulf is really normal.  Reality works there too.  This news is not unexpected and of course, post the Paris show, it can be swept under the carpet of “new news”.  But the truth is that…

More on the Tiger Airways Problem

Peter Gibson, a spokesman for Australia’s Civil Aviation Safety Authority, talks about the suspension of Tiger Airways Holdings Ltd.’s local services because of safety concerns. Watch Bloomberg’s video here. This is really a lot worse than we expected.  The nature…

Etihad does another clever deal

With EU nations setting up protection for their national carriers, what is a new entrant to do?  Somehow, whatever beachhead is established, it has to be exploited to improve reach.  Which makes this move by Etihad so smart. Etihad is…