All articles by Siva Govindasamy – Page 31
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Tiger to increase services to Sydney from October
The Australian subsidiary of Singapore's Tiger Airways plans to increase its flights to Sydney from Melbourne and Adelaide after adding another aircraft...
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BA to raise £600 million in cash
British Airways is looking to raise £600 million ($987 million) in cash to increase its liquidity in the face of "difficult trading conditions" amid the...
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Air India could defer some aircraft deliveries
Air India could defer some aircraft deliveries as it seeks to restructure its business in order to get financial aid from its owner, the Indian government.
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Indonesian Aerospace to develop CN-235 for anti-submarine role
Indonesian Aerospace (IaE) plans to develop an anti-submarine warfare (ASW) variant of the CN-235 turboprop and hopes to offer the aircraft to countries...
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Indian military aircraft crash rate reaches one a month
An average of one fixed-wing military aircraft crashed every month in India during the past three years, with the country's defence minister telling parliament...
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Air China projects 50% jump in H1 net profits
Air China expects its half-year net profits to increase by at least 50% due to falling jet fuel prices and stronger demand for air travel.
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Air India gets $1 billion loan to fund aircraft purchases
Air India's parent company National Aviation Co of India (Nacil) is receiving a $1.06 billion loan from JPMorgan Chase & Co to fund most of its purchase...
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India's Jet Airways to launch Hyderabad-Dubai
India's Jet Airways plans to launch daily direct flights from Hyderabad to Dubai from 16 August, its fifth daily service to the emirate from India.
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ANA to raise ¥142 billion through new shares
Japan's All Nippon Airways plans to raise ¥141.7 billion ($1.53 billion) from a share placement this month to finance the purchase of additional aircraft...
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Virgin Blue denies reports on fund-raising deal
Australian carrier Virgin Blue has denied media reports in the country that it had reached a deal to raise up to A$400 million ($312 million) in fresh funds.
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India's Kingfisher revises international services
India's Kingfisher Airlines is cancelling services from Bangalore to London and Colombo due to poor loads and yields, but is planning to launch eight other...
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Virgin Blue share trading halted amid fund-raising reports
Trading in the shares of the Virgin Blue Group has been suspended on the Australian stock exchange amid reports that it plans to raise up to A$400 million...
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China Eastern offers $1.3 billion for Shanghai Airlines
China Eastern Airlines has formally offered to take over Shanghai Airlines in a 9 billion yuan deal as it seeks to increase its market share, lower costs,...
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India to have 230 Sukhoi Su-30s by 2015
The Indian air force plans to more than double the size of its Sukhoi Su-30 fleet to 230 aircraft by 2015 as part of a plan to accelerate its fighter modernisation.
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Air India lost $1 billion in last fiscal year
Air India's parent company National Aviation Co of India (Nacil) is likely to report losses of 50 billion Indian rupees ($1.02 billion) for the financial...
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Indonesia eyes additional military transport capability
Indonesia is looking to buy new and refurbished transports, with the country's defence minister saying that it is in talks with the USA about a loan to finance...
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ANZ introduces RNP technology on A320 fleet
Air New Zealand (ANZ) has installed required navigation performance (RNP) technology on its Airbus A320 fleet, two years after introducing it on its Boeing...
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Pakistan begins domestic final assembly of JF-17
Pakistan has begun the final assembly of the first Chengdu Aircraft/Pakistan Aeronautical Complex JF-17 fighter to be produced in the country, and aims to...
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Turkish Aerospace to start Pakistani F-16 upgrades in 2010
Turkish Aerospace Industries (TAI) has won a $75 million contract to modernise 42 Pakistani Lockheed Martin F-16A/Bs at its facilities near Ankara. The...