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Alitalia airline: Of back doors and scoundrels?

Deputy Prime Minister and Minister of Economic Development, Luigi Di Maio, meeting the unions at Mise, (Ministry of Economic Development) outlined the account of...

Jamaica Tourism Minister calls for ongoing investments in tourism

Jamaica Tourism Minister, Hon. Edmund Bartlett, says tourism has to be sustained and this requires ongoing investment to improve existing products and develop new...

How citizens of Singapore can replace paper currency with these popular...

Currency is the lifeline of every country. It comes with various forms and utility. Let us take a look at the future of currency....

Abu Dhabi National Hotels secures loan to acquire Dubai-based properties

First Abu Dhabi Bank and Abu Dhabi National Hotels (ADNH) have signed an AED 1.6bn loan facility agreement, which will provide ADNH with the...

Saint Lucia moving forward with international airport development

The redevelopment of Saint Lucia’s international airport will get underway very soon. On Tuesday, December 11, 2018, the Parliament of Saint Lucia voted to...

First Home Loan and tips to get it

It is very satisfying to own a new home however it becomes really difficult to do so if the funds are not sufficient at...

Open to tourists: Pilgrimage of Russian art to the Vatican

An exhibition event after two years is once again bringing two museum institutions together: the Tretyakov National Gallery in Moscow and the Vatican Museums.

Canaveral Port Authority Commissioners approve bonding for new cruise terminal

The Canaveral Port Authority (CPA) Board of Commissioners today voted to approve a resolution for the issuance of a series of bonds up to...

Ailing Polish carrier LOT may ask for another government loan

WARSAW, Poland - Poland's ailing airline Lot may need to ask the government for another loan after its loss last year could have exceeded 200 million zlotys ($64 million), its chief executive was quot

Vietnam Airlines signs loan agreement with OceanBank

OceanBank and Vietnam Airlines signed a US$7 million loan agreement for the purchase of spare aircraft engines.

Guyana secures $18 million loan to build tourist hospital

Guyana's president says his government has secured an $18 million line of credit from India to build a new hospital in the South American country.

US bank loans US$1.6 billion to Ethiopian Airlines

ADDIS ABABA, At a ceremony held at the 9th African Growth and Opportunity Act (AGOA) Forum in Washington DC on August 2, 2010, financing documents worth over US$1.6 billion were signed by Ethiopian Ai

Government loan to Czech Airlines under EU scrutiny

BRUSSELS - The European Commission Wednesday said it is probing a EUR94 million government loan given to Czech Airlines on suspicion that it may be an illegal state subsidy.

No loan for Rwanda business group may mean no hotel

The Kabarondo business community, or at least sections of it, had their request for a 600 million Rwanda francs loan turned down, which they had intended to use for the construction of a three-star ho

Development Bank of Japan approves JAL loan

Japan Air Lines submitted an application to the Minister of Land, Infrastructure, Transport, and Tourism today for the confirmation that should an event which would interfere with its flight operation

Air Canada asks the government for $200M loan to stave off...

OTTAWA - Cash-strapped Air Canada has approached the government for a loan, Finance Minister Jim Flaherty said on Tuesday as the airline works against the clock to stave off possible bankruptcy.

Japan Airlines may seek $2 billion government loan – source

TOKYO - Japan Airlines Corp may seek about a 200 billion yen ($2 billion) loan from the government's emergency lending programme, a company source said, as Asia's biggest carrier struggles with a stee

Alitalia ordered to pay back loan

The European Commission has told Italy's bankrupt national airline, Alitalia, to repay a 300m-euro ($380m; £247m) loan to the Italian government.

US$35 million loan from Air Wisconsin part of US Airways’ US$950...

APPLETON, WI - Air Wisconsin Airlines Corporation announced today it has agreed to provide a $35 million loan to US Airways, Inc.

Frontier lands $75 million loan

Struggling Frontier Airlines has cemented a deal to receive $75 million in loans and potentially sell a majority stake of its business, a significant financial lifeline that greatly increases the comp
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