Gulf Air has finally won approval for a US$200 million capital injection by its 'owner states' in the form of a loan. The Bahrain-based carrier, which has debts exceeding US$600 million, says it cut operating losses by 59 per cent in 1996 to US$67 million.
Source: Airline Business
Israeli operator Israir Group is intending to restore transatlantic connections, disclosing that it plans to resume US services using Airbus A330-200 twinjets. Israir is looking to serve the Tel Aviv-New York route, with initial flights from the beginning of July this year. The airline – which underwent an ownership change ...
IndiGo will mark its foray into long-haul operations with the launch of flights to Amsterdam and Manchester in July.
AirAsia is to axe its operations from Kuala Lumpur’s Subang airport, dealing a blow to plans to rejuvenate the city airport.
