Jet Airways plans to increase domestic low-fare capacity to 80% of the total fleet from present 72% and may launch more budget flights for short-haul international routes. "In order to do this, the ai...
Airbus has stated it is confident it will be able to transfer deliveries of six A380s deferred by Qantas Airways to other customers. The European manufacturer has experience in transferring deliveries...
The CAAC has approved Spring Airlines’ request to launch a daily Shanghai-Beijing route in September. Despite the launch of a high-speed rail link between the two cities, Spring Airlines’ chairman Wan...
Deucalion Capital X Limited, an investment fund advised by DVB Bank SE (DVB), has acquired six Rolls-Royce Trent 772 powered A330-300 aircraft from Cathay Pacific Airways and leased them back on long-...
Air India’s restructuring programme has been delayed by three months. Local media suggests the delay is due to the government’s desire to revisit the total equity demand of the airline for this fiscal...
Rohit Nandan has been appointed chairman-managing director of Air India. Nandan, a joint secretary in the Civil Aviation Ministry, replaces Arvind Jadhav, a senior IAS officer, who has been told to le...
India’s Jagson Airlines has reported a net loss of Indian rupees (Rs) 30 million ($661,000) in its fiscal first quarter, against a net loss of Rs7.3 million a year ago. Its operating loss before inter...
Air Mauritius has posted another loss of over €11 million due to slower-than-expected demand and high fuel costs. One source conceded that the outlook was “challenging” for the rest of the current yea...
The major shareholders of AirAsia and Malaysia Airlines (MAS), Tune Air and Khazanah Nasional respectively, have agreed not to sell their shares for a period of 30 months under the share swap executed...
China Aircraft Leasing Co. (CALC) has signed an LOI with COMAC to purchase 20 CFM Leap-X-powered C919 aircraft. The C919s will probably be leased to Air China, China Eastern Airlines and China Souther...
Aviation PLC has announced it has entered into 10-year loan facility agreements for up to US $152.2 million under a mandate to Crédit Agricole-Corporate Investment Bank. The loan facilities can be dra...
Thai Airways International has ordered four Airbus A350-900s and five A320s and will also lease eight A350-900s and six A320s. Deliveries of its first A350-900 will start in 2016, while the first A320...
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