Aerion Corp. plans to sell as much as $200 million in debt as it teams up with Lockheed Martin Corp. to build a private jet that flies faster than the speed of sound. Its the first time Aerion, backed by Texas billionaire Robert Bass, has sought outside financing for its AS2 supersonic jet, a project…
London (AFP) – Ryanair has invited pilot unions across Europe for talks on their recognition, the Irish no-frills airline said Friday as it faced strike action in Italy ahead of planned walkouts elsewhere. Strike-hit Ryanair calls talks on union recognition “Christmas flights are very important to our customers and we wish to remove any worry…
Jonathan Yates, Iowa View contributor Published 3:19 p.m. CT Dec. 15, 2017 CLOSE NJ Gov. Chris Christie says that if the Supreme Court rules in his state’s favor in a major sports betting case, then sports betting would quickly become available in the state. The GOP governor was in Washington to hear arguments in the…
It was dismissed because the allegations of Palma being insolvent or bankrupt was not made out in the petition. Petitioner Francis Kikin Siune filed the petition on two grounds. The first was on errors and omission on the part of Electoral officials in accepting the nomination of Palma to stand for public office at the…
Darwin Airline Saab 2000 Aero Icarus for Wikipedia Swiss regional carrier Darwin Airline has been declared bankrupt, after attempts to resolve its financial problems failed. The Lugano, Switzerland-based carrier had in recent years traded as Etihad Regional until the Abu Dhabi carrier sold its 33.3% shareholding to Luxembourg-based private equity fund 4K Invest in July…
Darwin Airline Saab 2000 Aero Icarus for Wikipedia Swiss regional carrier Darwin Airline has been declared bankrupt, after attempts to resolve its financial problems failed. The Lugano, Switzerland-based carrier had in recent years traded as Etihad Regional until the Abu Dhabi carrier sold its 33.3% shareholding to Luxembourg-based private equity fund 4K Invest in July…
It is ironical that while the 2017 Forbes India List says that the combined net worth of Indias 100 wealthiest stood at a whopping $479 billion, top corporate borrower groups in India are unable to repay loans and make timely interest payments. Tackling NPAs The government has taken the high moral ground to deal with…
Photo courtesy of the Attorney General’s office Photo courtesy of the Attorney General’s office California is suing the Trump administration for what it says is the U.S. Department of Educations refusal to provide debt relief to more than 13,000 students that courts have found were defrauded by the since-shuttered for-profit Corinthian Colleges. Attorney General Xavier…
By Reuters Published: 22:07 AEDT, 15 December 2017 | Updated: 22:42 AEDT, 15 December 2017 e-mail FRANKFURT, Dec 15 (Reuters) – German sex shop group Beate Uhse has filed for insolvency after failing to secure financing from a group of investors. The company, started in 1946 by a former female pilot with the same name,…
Former Plymouth Argyle goalkeeper Rab Douglas is emerging from a dark period of his life as an investment left him declared bankrupt at the start of 2017. Douglas, who was loaned to the Pilgrims as an emergency in March 2008, was a director with Eclipse Film Partners No.4 and they allowed investors the chance to…