Paramount Airways Private sued
The Central Bank of India (CBI) has charged against Paramount Airways Private, as well as the former chief managing director of Oriental Insurance and four others, for allegedly causing wrongful loss ...
The Central Bank of India (CBI) has charged against Paramount Airways Private, as well as the former chief managing director of Oriental Insurance and four others, for allegedly causing wrongful loss ...
ST Aerospace today broke ground to add a narrow-body aircraft hangar at its Changi facility in Singapore. The total investment in the hangar and associated equipment amounts to $11m. The new hangar is...
Singapore Airlines (SIA) has bought a 10% stake in Virgin Australia for A$105 million in a bid to protect its position in the Australian market following the new relationship between Qantas and Emirat...
Air India has halted two flights connecting Bhubaneswar with Kolkata and Chennai until further notice. The airline did not provide any reason for the withdrawal of the service, which was likely to hav...
Boeing and the State Corporation Russian Technologies (Rostech), which majority owns VSMPO-AVISMA Corp, are in talks to expand collaboration in titanium procurement via their titanium-production joint...
British Airways passengers bound for Sydney from March 31, 2013 will depart from Heathrow’s Terminal 5 and travel on the airline’s new 777-300 ER aircraft. The move into Terminal 5 will make it easier...
Passenger flights and air freight movements are slowing, the market is trending downward but we can still freely argue that much of this comes following the huge 2010 bounce that rather short sightedl...
Reports that Kingfisher Airlines had paid its employees the second installment of salaries due caused the airline’s share price to jump 5% on Friday. At 01:08 pm, the stock was at Rs 13.89, up 5 per c...
AirAsia has added three additional flights from Tiruchi (Tamil Nadu) and Kochi (Kerala) to Kuala Lumpur. The flight frequency from Tiruchi has increased to 14 times a week from 11 times. The flight fr...
Hong Kong-based private-equity firm Bravia Capital is talking to SpiceJet over a possible investment, according to SpiceJet Chief Executive Neil Mills who confirmed the airline was in talks with Bravi...
Sources confirmed to Airline Economics today (17th October 2012), that AIG will most likely divest at least 50% of ILFC through an IPO in the latter half of 2013 all being well with the markets. Of co...
PEMCO is progressing with its contract with CDI Cargo Airlines to convert three passenger Boeing 737-300 aircraft (MSN 25891, MSN 27372 and MSN 27518), which initially began service for Air China in 1...
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