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MH370 search to be most costly ever at $100 mn: Analysts

Last Updated: Friday, April 18, 2014, 10:31

The search for missing Malaysia Airlines Flight MH370 is set to be the most expensive in aviation history, analysts say, as efforts to find the aircraft deep under the Indian Ocean show no signs of slowing.

Air India seeks bridge loan of $500 million

Air India seeks bridge loan of $500 million

Last Updated: Thursday, April 17, 2014, 22:14

National carrier Air India is seeking a 'bridge loan' of up to USD 500 million for taking delivery of four Boeing 787 Dreamliner aircraft from an ongoing order, according to a tender document on the airline's website.

Air India to sell three Boeing 777s

Last Updated: Thursday, April 17, 2014, 20:39

Air India today declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways.

Air India to sell three Boeing 777s

Air India to sell three Boeing 777s

Last Updated: Thursday, April 17, 2014, 19:04

Air India Thursday declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways.

BOI loans $200 mn to AI for purchase of 3 Dreamliners

Last Updated: Sunday, April 13, 2014, 11:56

BoI has given a stand-alone loan of USD 200 million for three of these airplanes, the sources said, adding that BoI and the State Bank of India have earlier taken a share of financing aircraft purchase.

Malaysia Airlines rapped for black box data lost in 2012 incident

Last Updated: Thursday, April 10, 2014, 23:48

UK air accident investigators criticised Malaysia Airlines for not having "sufficiently robust" procedures for the preservation of flight recording in a "serious" incident in 2012.

Malaysia says not hiding crucial information on plane

Last Updated: Saturday, April 05, 2014, 19:24

The Malaysian government on Saturday said it was not hiding any crucial information related to the crashed airliner from the public as suggested by opposition leader Anwar Ibrahim.

US allows Boeing to sell plane parts to Iran

Last Updated: Saturday, April 05, 2014, 10:51

The license covers a "limited period of time" and allows Boeing only "to provide them spare parts that are for safety purposes."

US allows Boeing to sell plane parts to Iran

Last Updated: Saturday, April 05, 2014, 06:51

The United States has issued a license allowing Boeing to do business with Iran for the first time since the US embargo of 1979, a company spokesman said Friday.

Boeing explores purchase of Mercury Systems: Sources

Last Updated: Friday, April 04, 2014, 03:31

Boeing Inc is considering buying Mercury Systems Inc , a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.

AI to raise Rs 300 cr bank loan to pay for 3 Dreamliners

Last Updated: Thursday, April 03, 2014, 18:20

AI is required to pay 10 percent of the gross cost of the aircraft as advance payment 12 months prior to the delivery.

AI to soon conclude lease of five Airbus A-320 planes

Last Updated: Wednesday, April 02, 2014, 19:24

The national carrier's capacity is expected to grow by 9.2 percent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.