Reading Time: < 1 minute Europe’s largest regional airline Flybe is on the verge of collapse once again, Sky News reports. The news portal provides that the airline is facing financial problems and is trying to secure additional money to keep the carrier alive. Flybe, in turn, has refused to disclose any details or confirm any of the reports. According […]

Reading Time: < 1 minute Financial problems at India’s Jet Airways has now resulted in 21 of its predominantly leased fleet of 119 aircraft grounded through payment default to leasing companies. This figure does not include aircraft which have been grounded for maintenance purposes. Abu Dhabi’s Etihad Airways holds a 24 percent stake in the beleaguered carrier. With an increasing […]