India is working on framing rules to make it easier for international aircraft leasing companies to repossess aircraft in a bid to lower lease rates. Lease rates to India carriers increased when leasi...
The Indian government has relented and de-registered and handed over 15 aircraft leased it to Kingfisher Airlines from lessors that have outstanding rental dues. All but two of the leased aircraft hel...
The Australian Competition and Consumer Commission has decided to grant authorisation, subject to a condition, for an alliance between Qantas Airways Limited and Emirates until March 31, 2018. The all...
The Airports Authority of India (AAI) has confirmed that it intends to form a joint venture with local airlines and oil companies to supply jet fuel. The company aims to reduce airlines' fuel costs by...
India's Foreign Investment Promotion Board (FIPB) has formally approved the creation of a new joint venture airline between AirAsia and Tata Group. In a press statement issued on 25 March, the ministr...
UK airlines CEOs have united in condemning the UK government for refusing to reconsider rises in Air Passenger Duty (APD). Willie Walsh, head of British Airways' parent IAG, joined easyJet chief exec...
The Nigerian Federal Government has granted Dana Airline permission to resume flight operations immediately. “Officials of the Federal Ministry of Aviation and the Nigerian Civil Aviation Authority me...
The European Union has warned national governments to ensure that their airlines maintain a “firm and coordinated line” with emissions-trading system compliance. “To avoid distortion, all aircraft ope...
The members of consortium of lenders to the Kingfisher Airlines have started the process of liquidating its assets to recover their dues. Leader of the consortium, the State Bank of India confirmed th...
The Federal Government of Nigeria has suspended Dana Air’s operating licence due to its shoddy handling of the compensation claims to victims of the airline’s crash in June last year. Special Assistan...
The European Investment Bank (EIB) and EADS have announced the signature of a €300 million finance contract in support of EADS Group’s innovation and R&D programmes. This loan reflects the long-standi...
After the initial warnings to India of December 2012 and January 2013.LFC has once again asked that authorities release six aircraft held "hostage" by a bureaucratic dispute after struggling Kingfishe...
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