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Daily Archives: July 10, 2011

Grounded Tiger Airways vows ‘all steps’ to resume flying

The new chief of Australia’s grounded Tiger Airways said its Singapore parent was “absolutely committed” to the budget carrier and “everything necessary” would be done to get it flying again.

Dispatched by Tiger Airways Singapore to take the top job… Continue reading

Dubai firm axes Airbus orders in crisis fallout

A troubled Dubai leasing firm has cancelled all its remaining Airbus orders worth $5.8 billion, it emerged on Thursday, as the after-shocks of the financial crisis dampened celebrations of record new jet sales.

The clearout by DAE Capital failed to… Continue reading

Iran says fires missiles to Indian Ocean for first time

Iran said on Saturday it test-fired two long-range missiles into the Indian Ocean earlier this year, the first time it has fired missiles into that sea, according to state television.

“In the month of Bahman (Jan 21-Feb 19) two missiles… Continue reading