AIR INDIA TO RESTRUCTURE DEBT THIS MONTH
SBI Caps expects to close the debt restructuring plan of Air India later this month or early February, according to its CEO. S Vishvanathan said: "We are hopeful of closing this exercise by the end ...
SBI Caps expects to close the debt restructuring plan of Air India later this month or early February, according to its CEO. S Vishvanathan said: "We are hopeful of closing this exercise by the end ...
Biman has issued an RFP for financing for two Boeing 777-300ER with GE engines, which are due for delivery in October and November this year. In 2008, Biman order four 777s, four 787s and two 737s. ...
Firefly is planning to add more ATR aircraft to its current fleet, says the airline’s marketing and communications head, Angelina Corrina Fernandez. She said that the airline’s 10 ATRs are currently...
Qantas Airways has agreed to pay $26.5 million to settle a US lawsuit that claimed it conspired with others to fix prices on cargo shipments. The complaint, brought by Paradiso, a California-based ...
China Southern Airlines plans to lease 10 ERJ 190s from CDB Leasing, which recently bought 10 of the aircraft type from Embraer. China Southern Airlines, plans to use the aircraft to develop new ma...
Air India has announced plans to increase its fleet of aircraft to 272 from its current size of 135 aircraft by the end of 2015. The additional aircraft will be added via operating leases, which wi...
Union leaders of Pakistan International Airlines (PIA) yesterday rejected a proposed code share agreement with Turkish Airlines, while the management sticks to its stance that it would benefit the ...
Cebu Air, operator of Cebu Pacific, has stated it will be investing $1 billion in airline over the next four years. The move will include buying 19 Airbus aircraft, domestic expansion, and hiring 2...
Mandala Airlines passengers have been fighting to secure refunds on tickets since the airline grounded all of its aircraft yesterday. Passengers packed ticket offices and airport counters in severa...
The management of Philippine Airlines (PAL) has confirmed it is in talks with potential investors but stressed they were only exploratory at the moment. Local media suggested that the airline was ...
Zest Air has announced plans to expand its flight operations to countries around the region as it takes delivery of more single-aisle Airbus aircraft. Alfred Yao, chairman and CEO of Zest Air, sai...
Cathay Pacific Airways carried 2.9% more passengers in December than in the same period in 2009. Cathay credits strong demand for holiday destinations and long-haul routes. For the full year 2010,...
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