All financial liabilities due in 2021 are thus refinanced on a long-term basis – Lufthansa repays KfW loan ahead of schedule with the additional funds in accordance with the contract Deutsche Lufthansa AG has again successfully issued a bond with…
GMR Group has signed an MoU with Aerospace major Airbus to explore collaboration opportunities on aircraft maintenance and airport services. The Memorandum of Understanding (MoU) was signed at Aero India 2021 in Bengaluru. “GMR Group and Airbus have signed an…
Aeroflot is going to resume Delhi-Moscow flight operations from February 14 under an air bubble agreement between India and Russia. Aeroflot has deployed its 293-seater Airbus 333 aircraft in a three-class configuration – business, premium economy and economy – to…
Hardeep Singh Puri, India’s Civil aviation minister on Wednesday told the Rajya Sabha that the Various government departments owe divestment-bound Air India Ltd ₹498 crores towards VVIP charter flights. Puri on Wednesday told the Rajya Sabha that the government’s total dues on…
The Govt. Of India is planning to privatize 6 to 10 state-run airports in the next round of privatisation, said Civil Aviation Secretary Pradeep Kharola on Thursday. The divestment process of Air India is also on track, Kharola said. “The…
Tourism Authority of Thailand, India announced the ‘TakeTheThaiventureReload’ campaign to engage the travellers to share their idea of an idiosyncratic holiday. It is a new social media campaign targeted towards social media aficionados. This will also help TAT to position…
As the Covid-19 vaccination program is underway worldwide, more and more countries are opening their borders for vaccinated travellers. Since the outbreak of COVID-19 pandemic, there was a long lockdown, borders closure, and travelling was banned by many governments. Now,…
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation…
According to a report, the government may receive around Rs 15,000 crore from the sale of Air India, its subsidiary Air India Express and AISATS. Potential bidders are attributing zero value to the equity of the financially troubled company, with…
Amid the COVID-19 pandemic with buzz around “AatmaNirbhar Bharat Abhiyaan” and “Make in India” push, the 13th edition of Aero India International Air Show has been started in Bengaluru on Wednesday. With a combination of physical and virtual exhibits, this edition…
