Vistara CEO denounces air fare price wars
Vistara CEO Phe Teik Yeoh has hit out at the continuing far price war in India, calling it unsustainable and unlikely to continue. “I think such pricing cannot continue forever… but I am happy that fa...
Vistara CEO Phe Teik Yeoh has hit out at the continuing far price war in India, calling it unsustainable and unlikely to continue. “I think such pricing cannot continue forever… but I am happy that fa...
Indonesian airline operator PT Sriwijaya Air is aiming to launch an initial public offering (IPO) of equity shares in March. Owner and group chief executive Chandra Lie confirmed that preparations are...
Lufthansa Technik is strengthening its commitment to the growth market of Asia with the founding of Lufthansa Technik Component Services Asia Pacific. At the same time, a new location for component su...
China Aircraft Leasing Group (CALC) has entered into a financing framework agreement with the Export-Import Bank of China (China EXIM Bank) where China Asset Leasing Company Limited, a wholly-own subs...
Philippine Airlines (PAL) has signed a Memorandum of Understanding (MOU) with El Al Israel Airlines to boost tourism in both countries. El Al president, David Maimon, said: “The MOU is a way to look f...
IndiGo Airlines has converted twenty of its 430 A320neo order to A321neos. The airline is seeking to boost capacity and operate longer flights. ...
A. Raghunathan, the former chief financial officer (CFO) of the now defunct Kingfisher Airlines, has been sentenced to 18-months in prison after a court ruled his issued cheques to GMR Hyderabad Inter...
GoAir has added flights to Kolkata, Guwahati and Bagdogara from New Delhi to cater to the increased passenger rush ahead of the Durga Puja festival. Next month, GoAir will also launch a new direct rou...
Yeti Airlines will take delivery of two ATR 72-500 turboprops by mid-2017, the airline said. The Nepali private carrier will also add a number of 52-seater ATR 42-500 turboprops to the fleet by mid-20...
InterGlobe Aviation, parent of IndiGo, has received shareholders' approval to increase its borrowing limit to Rs 20,000 crore from the earlier level of Rs 15,000 crore. The re-appointment of Aditya Gh...
A new satellite-supported system designed to replace radar as New Zealand’s main aircraft tracking technology is a step closer. Airways New Zealand has secured a supplier of ground infrastructure for ...
Cebu Pacific (CEB), the Philippines’ largest airline, has taken delivery of the very first ATR 72-600 High Capacity. Configured with 78 seats, this brand new option of the ATR 72 has ten additional se...
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