Government turns down Air India’s LoC request
The Indian finance ministry has turned down Air India’s request seeking letter of comfort (LoC) for increasing the buyers’ credit limit to $288 million from Standard Chartered Bank. The ministry is r...
The Indian finance ministry has turned down Air India’s request seeking letter of comfort (LoC) for increasing the buyers’ credit limit to $288 million from Standard Chartered Bank. The ministry is r...
Jet Airways will begin daily flights from Sharjah to Thiruvananthapuram from October 30. The airline already operates a daily flight from Sharjah to Kochi; this new service is the 10th daily service b...
The West African nation of Gabon is planning to launch a new national airline as early as next year. President Ali Bongo Ondimba said he had decided on the creation of a new national air company follo...
Nigeria's Arik Air has announced a deal for two 747-8 Intercontinental airplanes. The order is valued at $635 million at list prices and was previously attributed to an unidentified customer on Boeing...
easyJet is opening two new bases at Nice and Toulouse airports. It is adding two A319s to the airports, which brings its total presence in France to five bases – the others in Charles de Gaulle and Or...
To better compete against Ryanair and easyJet, Iberia plans to launch a new low-cost airline called Iberia Express. Low-cost rivals have been encroaching on Iberia’s home Spanish market for years but ...
Air India has lost 48 of its pilots due to poaching by its domestic and international rivals, including IndiGo which is accused of hiring two thirds of those. Although given that Air India's pilots sa...
Qantas and Airbus have finalised a contract for 110 A320 Family aircraft, to help with the airline’s fleet renewal and expansion plans in the coming years. The firm order for 78 A320neo and 32 A320s i...
American Airlines, a unit of AMR Corp, reports its September passenger traffic rose 1.9% to 10.24 billion revenue passenger miles or RPMs from 10.05 billion RPMs in the same period last year. Capacity...
Qatar Airways has taken delivery of a 259-seat Boeing 777-200LR, its 100th aircraft. The carrier now operates 27 777s. ...
Boeing confirmed yesterday what we told you last month – That Ethiopian Airlines is the customer for four previously unidentified 777Fs. The order makes Ethiopian the first African carrier to order th...
Flybe has issued a profit warning after announcing that revenue for the six months to September 30 was 1% below management’s expectations, although costs were in line with forecasts. A significant slo...
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