Delhi based low-cost airline, SpiceJet’s woes seem never ending. Indian newspapers reported on Wednesday that the airline had been asked by the Delhi airport operator, Delhi International Airport Limited (DIAL), to either clear its pending payments or stop flying from the…
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The reinstatement in its financial results of previously excluded pre-delivery payments to Boeing for the MAX 8 has helped Norwegian to get a net profit in Q2 and HY1. Without it, the low-cost airline would have produced a net loss.…
The Covid-crisis has forced Kuwaiti lessor ALAFCO to enter rent deferral agreements with eight of its 23 customer airlines, it says in its recently published report on FY21. Lease revenues were down by thirteen percent to KD 15.5 million and pushed…