The Indian government said Thursday it will invest INR300 billion ($5.76 billion) through 2020 to restructure struggling Air India (AI), including an immediate INR67.5 billion ($1.3 billion) injection.
AFI KLM E&M has promoted Ron de Bos head of sales in North America. De Bos joined KLM E&M in 1995 as a purchasing unit manager, and from 2008-2012 served as director-integrated services. AirVault named former TIMCO chairman, president, and co-CEO Ronald Utecht to the AirVault Advisory Board. It also named former Boeing Shanghai Aviation Services VP and CEO James Brunke to the advisory board.
Brazil’s GOL Linhas Aéreas Inteligentes said its maintenance center at Tancredo Neves International in Belo Horizonte has been approved by the National Civil Aviation Agency (ANAC).
The International Air Cargo Assn. (TIACA) said a German court’s decision earlier this month to uphold a night-flight ban at Frankfurt Airport (FRA) will likely result in “economic and environmental damage” and reduced investment in FRA by cargo airlines.
Chinese carriers reported a net loss of almost CNY200 million ($31.6 million) in March, reversed from a collective net profit of CNY1.71 billion in the year-ago month, due to high fuel prices and a decline in cargo traffic.
Irish low-cost carrier Ryanair (FR) has scrapped a further batch of flights from Edinburgh airport (EDI) in Scotland, in an ongoing dispute over costs with airport owner BAA.
Volga-Dnepr Group said it intends to order 20 Antonov An-124s, plus options for 20 more, from United Aircraft Corp. (UAC), according to group executive president Valery Gabriel.
Silver Airways has taken delivery of its fourth Saab 340Bplus. The Fort Lauderdale., Fla.-based carrier, which received FAA approval to operate the Saab 340Bplus aircraft type last month, has agreed to purchase 12 of the turboprops from Saab Aircraft Leasing, according to a company statement.
Malaysia Airlines (MAS) has moved to distance itself from reports that it would create child-free zones on new Airbus A380 aircraft when it enters the fleet in July (ATW Daily News, March 12).
[UPDATED] Garuda Indonesia (GA) has placed a firm order for 11 Airbus A330-300s. It is the carrier’s third A330 order since July 2010, bringing its total on firm order to 21 aircraft.
New Qantas Group (QF) subsidiary low-cost carrier (LCC) Jetstar Japan has received its Air Operator’s Certificate (AOC) from Japan’s Ministry of Land, Infrastructure and Transport, clearing the way for the carrier to begin domestic commercial services July 3 from a Tokyo Narita (NRT) base.
The new aviation pact signed between Boeing and Embraer will be a first step in exploring technological synergies and potential cross benefits, Embraer president and CEO Frederico Curado said Tuesday.
Air Berlin (AB) is strengthening its strategic partnership with Etihad Airways (EY) by offering codeshare flights from Berlin Tegel and Dusseldorf via Abu Dhabi, and to Brisbane, Melbourne and Sydney.
China Eastern Airlines (MU) will inject CNY1.05 billion ($165.8 million) into its Wuhan subsidiary, China Eastern Wuhan Airlines Co., to enhance its position in central China.
Iberia (IB) cancelled some 150 flights Monday and planned to cancel more April 13 and 16 as its pilots began another series of one-day strikes to protest the creation of low-cost carrier Iberia Express (I2).
Russia’s Transaero Airlines (UN) has placed a firm order for four 787-8s. The previously announced order, valued at $744 million at list prices, was signed onboard a 787 during a demonstration flight for UN’s executives, employees and special guests, according to Boeing.
