The US Export-Import Bank (Exim Bank) has approved guarantees up to $1.3 billion to Air India to fund the purchase of 27 787s. The Indian government is meeting on October 22 to decide on the whether t...
The Export-Import Bank of the United States (Ex-Im Bank) is providing an $80 million guarantee of the loan from the Private Export Funding Corp. (PEFCO) for one 737-900ER delivered to Tajikistan airli...
Air India has lost 48 of its pilots due to poaching by its domestic and international rivals, including IndiGo which is accused of hiring two thirds of those. Although given that Air India's pilots sa...
Qantas and Airbus have finalised a contract for 110 A320 Family aircraft, to help with the airline’s fleet renewal and expansion plans in the coming years. The firm order for 78 A320neo and 32 A320s i...
Qantas chief Alan Joyce has received a death threat, managers have been sent menacing letters and strike-breaking workers have been bullied by striking union members according to the airline. The D...
Shares of Kingfisher Airlines and Jet Airways have both risen on the news that the Department of Industrial Policy and Promotion (DIPP) has writing to the aviation ministry requesting foreign airlin...
Deutsche Bank has emerged as the front-runner to offer an $850 million (Rs. 4,200 crore) loan to Air India to fund the delivery of 27 Boeing 787s, As an alternative, the cash-strapped flag carrier h...
The management of Philippine Airlines (PAL) has warned its former employees against staging protests in front of the PAL Inflight Center building that hampers the flow of PAL’s business. PAL Presid...
ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China, has signed a memorandum of understanding with CFM International for CFM56-5B engines to power its new A320 aircraft...
Qantas members of the Transport Workers Union of Australia have voted to take further industrial action due to a lack of progress in negotiations with the airline. The union warned the airline that if...
Philippine Airlines (PAL) is cutting flight frequencies – 12% of its international network – to cut costs and it is also planning to cut 2,600 jobs with some services outsourced to third party supplie...
Tiger Airways says for the three months to September 30 it expects to post a net loss that is "markedly larger" than the S$20.6 million (US$15.6 million) loss posted in the first quarter this year. Fo...
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