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Buying Air India will bolster overseas network: IndiGo

Bloomberg IndiGo, the only carrier that has made a pitch to purchase Air India Ltd., sought to allay investor concerns about the budget operator buying the unprofitable national carrier, saying a deal would help speed up its plans for low-cost, long-distance flights. Spelling out the rationale for their interest in the highly indebted airline in a conference call with analysts, ...

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Airbus A350-1000 completes hot weather test at Al Ain airport

Al Ain / emirates business The A350-1000 test aircraft, MSN065, successfully completed the hot weather tests at the Al Ain International airport. The tests which took place from July 4-7, involved the aircraft undergo extreme weather conditions at temperatures above 40 degrees Celsius. The objective of the tests is to check systems behaviour with a focus on the cabin, including ...

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Cathay Pacific to buy out partner DHL’s 40% stake in cargo unit

Bloomberg Cathay Pacific Airways Ltd. agreed to buy out the stake owned by partner DHL International GmbH in a cargo venture as the premium Asian carrier revamps its operations as part of a three-year transformation program. Under the non-binding preliminary agreement, Cathay will purchase the 40 percent held by the German company in AHK Air Hong Kong Ltd., making it ...

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