In a significant strategical move for a US carrier, Delta Air Lines has announced that it will be investing up to USD100m for a minority stake in Brazilian hybrid Low Cost carrier Gol. GOL has already signed a binding agreement involving the transaction with Delta. This signals a move...
A passenger onboard a Delta flight from Amsterdam ( AMS ) to Detroit ( DTW ) tried to blow up the plane on descent, yesterday. The flight, NW 253, was being operated on an Airbus A330 and had 278 passengers onboard. The suspected passenger, later identified as Abdul Mudallad...
News in brief Jet America, the planned low cost airline, suspended launch citing slot issues at EWR J.P Morgan Chase Investment bank results : Q2 profits up 36% to $2.7Bn GE generated a $4.3Bn revenue for Q2 ’09 Cessna dropped plans to build its Columbus business jet Aer Lingus...