Jet Airways, India’s largest carrier by passengers, will cut debt by turning rupee loans into dollar-denominated loans. It will also raise money through the development of land it owns, and in a no...
Indian state-owned oil firms yesterday hiked jet fuel prices marginally by less than 1%, in sync with a rise in global rates. Aviation Turbine Fuel (ATF) rates were increased by Rs. 299 per kilo-litr...
Air India has sought approval from the Reserve Bank of India (RBI) to convert a major portion of its Rs18,000 crore of working capital loans into term loans with a moratorium of two to three years o...
The Aircraft Acquisition Committee of the Ministry of Civil Aviation is likely to take up Paramount Airway’s proposal to import 13 aircraft at its next meeting scheduled to take place before Novemb...
ANA has revised its profit forecast for the full year to ¥6 billion from ¥5 billion previously as figures improve. ANA Group has reported net income of ¥18.47 billion ($220 million) for Q2 2010 from...
Air India is to launch “India Hopper” with about 40 aircraft believed to be a mix of ATR and Bombardier CRJ aircraft as early as by March 2011. The service will be operated under the Air Operator P...
Vietnam Airlines has signed a deal for eight 787-9 Dreamliners with Boeing and is in talks to buy a further eight. Vietnam Airlines President and CEO, Pham Ngoc Minh, confirmed that delivery of the ...
Iran’s Aviation Industries Organization (IAIO) is planning to equip its airlines with 90 to 120-seat aircraft with the help of a number of foreign companies. The head of the IAIO, Manouchehr Manteq...
Aviation authorities in the United Arab Emirates yesterday denied that a bomb inside a parcel similar to those found at the end of last week caused a UPS cargo aircraft to crash last month. The UA...
The head of Iran’s state airline says the company plans to sue Western firms that refuse to refuel its aircraft. The official Iranian news agency (IRNA) quotes Farhad Parvaresh, chairman and CEO of ...
Qatar Airways CEO Akbar al-Baker has criticised some European and North American carriers for adopting a protectionist policy. He said, “They are clearly restricting us… denying our fair share of t...
An aircraft carrying 137 passengers, operated by South African carrier 1Time Airlines, was evacuated after a technical fault caused a small fire on board at OR Tambo International Airport in South ...
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