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Dubai Airports maintains upward trajectory

Dubai Airports maintained its growth trajectory in the second half of 2014 with passenger traffic at Dubai International rising 4.3 per cent in November, according to the latest traffic report issued by operator Dubai Airports. Passenger traffic in November 2014 totalled 5,565,509, up 4.3 per cent from the 5,337,544 passengers recorded in the same month in 2013. ... read more - click title

Transaero strikes financial rescue deal with Russian government

Transaero Airlines, Russia’s second largest carrier, has expressed its “utmost gratitude” to financial authorities after receiving $170 million in debt guarantees from the government. In a statement the airline thanked the Russian ministry of finance, the transport ministry, the Federal Air Transport Agency, and the State Corporation Bank for Development for their financial support. ... read more - click title