Allianz and Borealis Infrastructure eye London City Airport - source


- German insurer Allianz SE has joined Borealis Infrastructure, which manages investments for Canada's Ontario Municipal Employees Retirement Systems, to explore a bid for London City Airport, a source familiar with the process said.

Nigeria says uncovers Boko Haram spy ring at Abuja airport 29 Aug 2015

ABUJA - Nigeria has uncovered a spy cell run by militant Islamist group Boko Haram at the international airport in the capital Abuja apparently aimed at selecting targets for attack, the country's national security agency said.


Ryanair chooses Ireland's CarTrawler as Hertz replacement 25 Aug 2015

LONDON - Low-cost airline Ryanair launched a car hire partnership with online brokerage CarTrawler on Tuesday, replacing a long-running deal with Hertz as part of its plan to take on online travel companies.


U.S. consumer prices up slightly, airfare weighs 19 Aug 2015

WASHINGTON - U.S. consumer prices rose only slightly in July as airline fares recorded their biggest drop since 1995, but tame inflation pressures will probably not discourage the Federal Reserve from raising interest rates this year.


Australia says French-led inspection of wing piece from MH370 complete 19 Aug 2015

- An initial inspection of a wing piece from Malaysia Airlines flight MH370 is complete, Australian authorities said on Wednesday, raising expectations that new details about the jetliner that vanished in March 2014 could be released shortly.


UK probe blames 787 fire on short circuit, urges more battery tests 19 Aug 2015

LONDON/NEW YORK - Britain's air safety investigator on Wednesday blamed a short-circuit involving a lithium-metal battery for a 2013 fire on a Boeing Co 787 Dreamliner parked at London's Heathrow Airport and called for further scrutiny and testing of lithium batteries on all aircraft.

London City Airport owners pick Credit Suisse for possible 2 billion pound sale 17 Aug 2015

LONDON - London City Airport's owners have picked Credit Suisse to advise them on a potential sale that could value the business at as much as 2 billion pounds, two sources close to the deal said on Monday.


Reunion police and army halt MH370 debris search 17 Aug 2015

SAINT-DENIS, Reunion - The police and army on the Indian Ocean island of Reunion have called off their search for more debris from the wreckage of Malaysian Airlines flight MH370, which vanished last year, police said on Monday.


India's IndiGo finalises 16.9 billion pound purchase of 250 new Airbus jets 17 Aug 2015

NEW DELHI/SINGAPORE - IndiGo, India's biggest airline by market share, has finalised the purchase of 250 Airbus A320neo aircraft, handing the European company its largest-ever order by number of planes in a deal worth $26.55 billion at list prices.


Creditors to subject Greek deal to tough October review 12 Aug 2015

ATHENS/BRUSSELS - The European Union moved to keep Greece on a tight rein after its latest bailout, with sources saying the 85 billion euro (£60 billion) deal will be reviewed by lenders in October and any discussion of debt relief will only come at a later stage. | Video