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Uganda CAA takes issue with loans for expansion

Scrutiny Over Modernization Of Entebbe International Airport

Uganda CAA takes issue with loans for expansion

By Wolfgang H. Thome, eTN ambassador

The Uganda Civil Aviation Authority was made to appear before the parliamentary public accounts committee to be subjected to scrutiny over the work scope, the expansion, and modernization of Entebbe I

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Tokyo is poised to back loans to keep JAL flying

Japan Airlines

Tokyo is poised to back loans to keep JAL flying

The Japanese government is to guarantee 700bn yen ($7.7bn; £4.7bn) in loans and other funds from financial bodies to keep Japan Airlines going, reports say.

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Spain to give EUR600M to its ailing airline industry

Airline Industry

Spain to give EUR600M to its ailing airline industry

By Jason Sinclair

MADRID - Spain's government Friday said it had approved up to EUR600 million in loans for the country's ailing commercial airline industry.

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Berlusconi: Italian tourism sector to get 1.4 bln euros from the banks

Italy

Berlusconi: Italian tourism sector to get 1.4 bln euros from the banks

ROME - Italian banks will offer up to 1.4 billion euros ($1.96 billion) in low-interest loans to the tourism sector as a result of an agreement with the government, Prime Minister Silvio Berlusconi sa

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France eyes airline stimulus plan

France

France eyes airline stimulus plan

By bbc.co.uk

The French government is preparing to tell banks to lend 5bn euros ($6.5bn: £4.68bn) to airlines to help them with aircraft purchases, reports say.

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Argentina offers no-interest loans to boost tourism

Argentina

Argentina offers no-interest loans to boost tourism

By reuters.com

BUENOS AIRES - President Cristina Fernandez on Thursday unveiled a plan of no-interest loans to boost domestic tourism, the latest part of a stimulus package to help Argentina weather the global econo

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Banks want airline ticket sales, planes as collateral

India

Banks want airline ticket sales, planes as collateral

By livemint.com

Mumbai / New Delhi - Worried about the financial condition of loss-making airlines in India, commercial banks are asking cash-strapped carriers to pledge future ticket sales, company shares and aircra

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Tourism Bureau sets up bailout for travel agencies

Taiwan

Tourism Bureau sets up bailout for travel agencies

By taipeitimes.com

The Tourism Bureau announced earlier this week that it was planning to provide loans to struggling travel agencies that have been hit hard by the economic downturn.

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Philippine airline Cebu says IPO off, will take out loans

Cebu Pacific

Philippine airline Cebu says IPO off, will take out loans

By forbes.com

MANILA - Cebu Pacific, the Philippines' second-biggest airline, shelved plans for an IPO and will meet its financing requirements through loans and internally generated funds, its president said on Th

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