INDEPENDENT BOARD MEMBERS AT AI VOICE CONCERNS
Four independent directors on the board of India’s national carrier have conveyed their concerns over the functioning of the airline to a senior official in the Prime Minister’s Office (PMO) in a di...
Four independent directors on the board of India’s national carrier have conveyed their concerns over the functioning of the airline to a senior official in the Prime Minister’s Office (PMO) in a di...
Japanese airline All Nippon Airways (ANA) has agreed to plead guilty in the United States to two charges of price fixing, the Department of Justice said yesterday. ANA has agreed to pay a $73 milli...
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 ...
Chinese president Hu Jintao is visiting France next week to among other things, negotiate a deal to order dozens of Airbus aircraft. Rumours suggest the Airbus is poised to sell A320s, A330s and A350s...
The Bangladeshi Government has given Biman airline pilots until Saturday to end the strike or risk facing legal action. Flights in the country’s state-owned airline were grounded for a second day yest...
Low cost carrier Tiger Airways has mandated Standard Chartered to provide multi-million dollar financing for pre-delivery payments (PDP) of 14 new aircraft. "Standard Chartered Bank has been mandated ...
Singapore Airlines is planning to double the number of A380 aircraft flying between Sydney and Singapore. The move will add 140,000 seats a year on the route. The A380s will replace one of the daily B...
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