Big Sky Airlines ends operations (USA Today) by Airlines

Malaysia News)
VIENNA, March 10 - Austrian Airlines's main shareholder, state holding company OeIAG, has agreed terms for a Saudi-Austrian investor to take a stake in the airline, it said on Monday.Big Sky Airlines is grounded. The Billings-based company flew its final flights into the city on Saturday after its parent company announced in December that it would cease operations because of disappointing revenues.

All-business airlines find it's crowded at the top (Market Watch)
Soaring aircraft leasing costs, unexpected maintenance problems and an oil price sticking stubbornly above $100 a barrel are giving a new breed of all-business airlines a bumpy ride.

Saudi investor to buy Austrian Airlines stake (Reuters via Yahoo! Now there are two operators , Indian Airlines and Island Aviation of Maldives. I went to the Indian Airlines office near Mascot Hotel Trivandrum at about 10:15 am and took a token from the security person standing at the Gate. ...