Air India finalises its 787 bridge loan
Air India is expected to finalise a $500m bridge loan for the first batch of four new 787 aircraft today. The loan will be repaid using a sale-leaseback structure with an unidentified party. The carr...
Air India is expected to finalise a $500m bridge loan for the first batch of four new 787 aircraft today. The loan will be repaid using a sale-leaseback structure with an unidentified party. The carr...
Air China has confirmed its order of five 747-8 Intercontinental aircraft. The airline had originally signed a memorandum of understanding for aircraft. ...
Cathay Pacific Airways has posted a 1.6% increase in passenger traffic in August, as measured in RPKs. Actual passenger numbers rose by 4% to 2.61 million. ...
Despite its financial difficulties, Air India Chairman Rohit Nandan has indicated that the carrier is exploring the possibility of adding more aircraft to its fleet. "The committee will look into the ...
Kingfisher Airlines owes state-run Hindustan Petroleum Corporation Limited (HPCL) Rs 505.53 crore in jet fuel dues against a bank guarantee to HPCL of Rs 434 crore, says HPCL. “If Kingfisher fails to...
GMG Airlines has been ordered by the New Delhi District Consumer Disputes Redressal Forum to pay Rs 40,000 to a passenger for not accommodating him on another plane after one of its scheduled flights ...
Although the Indian government has now passed the increase in foreign direct investment (FDI) by foreign airlines into India’s air carriers, analysts do not expect foreign players to pile into Indian ...
ST Aerospace has set up a wholly-owned subsidiary, ST Aerospace Rotables (STAR), with paid up capital of US$1.5m (approximately S$1.88m). STAR, a global asset services company, will be headquartered i...
Passenger traffic at China Southern Airlines rose by 12.3% measured in RPKs in August. While domestic traffic rose by 8.5%, regional traffic increased by 29.5%. International passenger traffic also ro...
Charter airline, China United Airlines, a subsidiary of China Eastern Airlines, has launched two new daily domestic routes – Beijing Nanyuan-Guiyang and Beijing Nanyuan-Yinchuan services. ...
China Airlines has posted a first half of NT$1.04bn , which has widened considerably compared to the NT$662 million reported in the a year ago period. Operating revenue for same half year June rose by...
Air Kerala, the new south Indian state’s low-cost airline venture, will offer 74% of the company in shares to the one million+ expatriates, mainly from the Gulf region, as shareholders. Chief Minister...
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