Air India secures BOI loan to fund three 787s
Bank of India (BOI) has agreed to a $200 million bridge loan to Air India to finance the acquisition of three 787s, which would then be offered for sale leaseback to leasing companies. The airline pla...
Bank of India (BOI) has agreed to a $200 million bridge loan to Air India to finance the acquisition of three 787s, which would then be offered for sale leaseback to leasing companies. The airline pla...
Airbus has removed five A350-800s and five A380s ordered by Kingfisher Airlines from its order book. The European manufacturer has also removed 12 A319/A320s destined for United Airlines. ...
The Securities and Exchange Board of India (SEBI) is poised to issue its decision on whether Etihad and Jet broke takeover rules during Etihad’s purchase of a 24% stake in the Indian carrier. The clai...
State-run Sri Lankan Airlines and Mihin Lanka have lost 30.1 billion rupees ($230 million) in 2013. SriLankan Airlines made a loss of 28.6 billion rupees and state-run budget airline Mihin Lanka made ...
For the nine months to December 31, 2013, Air Pacific Group, which comprises Fiji Airways, its wholly owned subsidiary Pacific Sun, and a 38.75% stake in the Sofitel Fiji Resort & Spa on Denarau Islan...
Cathay Pacific Airways will begin flights from the UK’s Manchester International Airport to Hong Kong four times a week from December. Cathay will use a 777-300ER on the route. Cathay Pacific CEO Ivan...
Qingdao Airlines, a Chinese start-up airline, has taken delivery of the company’s first ever aircraft, an Airbus A320 aircraft equipped with Sharklets, on lease from Hong Kong-based China Aircraft Lea...
Lhasa based Tibet Airlines from the Tibetan Autonomous Region of China has taken delivery of its first A319 with Sharklets. The aircraft which was handed over at the Airbus Tianjin Delivery Centre (AT...
Asiana Airlines is forming plans to establish a new wholly-owned, low-cost subsidiary in Seoul, based at Incheon and Gimpo international airports. New CEO of Asiana, Kim Soo-cheon, who used to head up...
SriLankan Airlines estimates that joining oneworld will add US$25 million in extra annual revenues. The state-owned carrier will join the alliance on May 1, after upgrading its passenger support syste...
Silver Airways has formed an interline agreement with All Nippon Airways (ANA). Passengers travelling on Silver Airways will be able to purchase a single ticket from Florida to Japan, China, Korea an...
Air India (AI) pilots are unhappy with the airline’s plans to reduce salaries by 15%, which could lead to further industrial action and pilots leaving for rival carriers. ...
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