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Authorities close probe into Air India B777 lease deals

After a seven-year investigation, India's Central Bureau of Investigation has discontinued its inquiries into alleged irregularities in leasing aircraft at Air India (AI, Delhi International). The probe found there was no evidence of any wrongdoing. In 2006, Air India dry-leased four B777s for five years when it was already expecting delivery of its own B777s [...]

By | April 3rd, 2024|Financial|0 Comments

US fines Iraq's Al-Naser $17mn over Mahan Air ties

Source: ch aviation Read more: US fines Iraq's Al-Naser mn over Mahan Air ties

By | April 2nd, 2024|Financial|0 Comments

UK ruling refuses insurers' efforts to move claims to Moscow

Source: ch aviation Read more: UK ruling refuses insurers' efforts to move claims to Moscow

By | April 2nd, 2024|Financial|0 Comments

Türkiye's Southwind banned from EU over Russia links

Source: ch aviation Read more: Türkiye's Southwind banned from EU over Russia links

By | April 2nd, 2024|Financial|0 Comments

Russia's Azimut adds first Il-76TD

Source: ch aviation Read more: Russia's Azimut adds first Il-76TD

By | April 2nd, 2024|Financial|0 Comments

Gulf states eye stake in PIA Pakistan International Airlines

Three Gulf countries are eyeing a majority stake in PIA - Pakistan International Airlines (PK, Islamabad International) as the freshly elected Pakistani government pushes on with the majority state-owned carrier's planned partial privatisation. Reports from multiple Pakistan-based outlets say the United Arab Emirates (UAE), Saudi Arabia, and Qatar are in talks with the new Shehbaz [...]

By | April 2nd, 2024|Financial|0 Comments

Air KG adds first A320 for government uplift

Source: ch aviation Read more: Air KG adds first A320 for government uplift

By | April 2nd, 2024|Financial|0 Comments

Nepal's Guna Airlines asks CAA to pay bills in instalments

Source: ch aviation Read more: Nepal's Guna Airlines asks CAA to pay bills in instalments

By | April 2nd, 2024|Financial|0 Comments

Bangladesh's Air Astra eyes int'l flights

Air Astra (2A, Dhaka) has requested permission to fly four times per week between Dhaka and Pokhara International, Nepal, and simultaneously applied for a raft of fee exemptions, including holidays on landing, fuel, turn-over tax, parking, and navigation charges. Astra will become the sole operator on the route if given the green light. Multiple Kathmandu-based [...]

By | April 2nd, 2024|Financial|0 Comments

Thailand's Civilized Air in talks for aircraft

Source: ch aviation Read more: Thailand's Civilized Air in talks for aircraft

By | April 2nd, 2024|Financial|0 Comments