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Air India to fund bumper order through raft of options

Air India to fund bumper order through raft of options

by Ashwini Phadnis | Feb 27, 2023 | Airlines | 0 comments

Air India is to use a combination of cash flows, likely induction of funds from the shareholders, and exploring other options such as sale and lease back to finance its order for 470 aircraft which has a book value of $70 billion. Campbell Wilson, Managing Director...
Airbus silent on options Air India – if any

Airbus silent on options Air India – if any

by Richard Schuurman | Feb 16, 2023 | Airbus, Airlines | 0 comments

Airbus is unwilling to say how many, if any, aircraft Air India has taken on option, as part of its bumper order for 210 A320neo family and forty A350s that were announced on Tuesday. The airline’s Chief Commercial and Transformation Officer, Nipun Agarwal, said on...
China’s reopening causes concerns and offers new options

China’s reopening causes concerns and offers new options

by Richard Schuurman | Dec 27, 2022 | Aerospace, Airlines | 0 comments

UPDATE – The further relaxation of restrictions for travelers into China might seem to be good news at first. But the pace at which the country has changed its strict zero-Covid policy and the sharp increase in infections is a concern for other countries, which...
Virgin keen to expand Indian footprint, IndiGo explores XLR options to the UK

Virgin keen to expand Indian footprint, IndiGo explores XLR options to the UK

by Ashwini Phadnis | Sep 1, 2022 | Airlines | 0 comments

Virgin Atlantic has not given up on the idea of launching flights to Indian destinations even though it entered into a code share agreement with IndiGo, an Indian domestic low-cost airline that has over 50 percent of the domestic market share. Virgin is keen to expand...
Wizz Air explores options for subsidiary in Saudi Arabia

Wizz Air explores options for subsidiary in Saudi Arabia

by Richard Schuurman | May 10, 2022 | Airlines | 0 comments

Wizz Air is exploring options to establish a new subsidiary airline in Saudi Arabia. The ultra-low-cost airline has signed a Memorandum of Understanding with the country’s Ministry of Investment to “explore market development opportunities” in de Kingdom of Saudi...
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