Rex has reported an after-tax loss of $11.3 million for the six months ending December 31, 2022. Rex posted its financial transactions in the first half of financial year FY23 ending on June 30, 2023....
US company 321 Precision Conversions has announced that Sichuan Aviation Industry Development (SAID) "has committed to the A321-200PCF conversion product". The conversion and heavy maintenance are to ...
Lufthansa Technik has announced the signing of "two major contracts" with Emirates for the maintenance, repair and overhaul (MRO) of its Airbus A380 fleet. Lufthansa Technik will overhaul the main lan...
Carlyle Aviation now holds a 7.5% stake in SpiceJet after converting $100 million of outstanding dues into equity. Carlyle also acquired compulsorily convertible debentures in SpiceXpress, the airline...
The Civil Aviation Ministry of India (CARO) is planning to invest INR 40.21 million in setting up a Civil Aviation Research Organisation. As per the ministry the facility will have advanced simulators...
Aercap-owned Milestone Aviation Group has sold a Sikorsky S-92 helicopter to China Southern Airlines General Aviation (CSAGA). The helicopter is configured for offshore passenger transport and will be...
Embraer has signed a services agreement with the Philippine Air Force to support its fleet of six A-29 Super Tucano aircraft. The deal covers "more than 200-part numbers of the A-29 Super Tucano", Emb...
After signing the historic order, Emirates is reportedly eyeing a deal with Air India for codeshare flights to meet the rising customer demands. In a recent interview to the Mint, Mohammad Sarhan, vic...
SriLankan Airlines is planning to resume direct flights connecting Colombo, Sri Lalanka and Vishakhapatnam, India. The airline flew this route in 2017 for a year before terminating it due to restructu...
A fintech hub will be established at Gift City with the support of Asian Development Bank (ADB). The announcement was made by the Finance Minister of Gujrat, Kenu Desai while presenting the budget for...
Airbus and Qantas are likely to close a deal making the first Sustainable Aviation Fuel (SAF) investment. The announcement was made by Stephen Forshaw, Airbus’ chief representative for Australia, New ...
Air India plans to finance its mega aircraft order through a combination of three options using cash flow, equity by parent Tata Group, and sale and leaseback over the next few years, the airline’s ch...
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