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India may sell 51% stake in Air India to investor

  Bloomberg India is considering selling a majority stake in Air India to a strategic partner after a $3.6 billion bailout failed to turn around the loss making national carrier, people with knowledge of the matter said. The proposal includes reviving Air India within five years of selling a 51 percent stake, the people said, asking not to be identified ...

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CEB flies over 19mn passengers in 2016

  Emirates Business The Philippines’ largest airline, Cebu Pacific (CEB), flew 19.1 million passengers in 2016, an increase of 4% from the 18.4 million passengers flown in 2015. On average, CEB flights were 86% full during the year. Growth in passenger volume was largely driven by the airline’s low-cost short-haul services, and increased frequencies in key domestic markets. Specifically, the ...

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United’s ‘docile’ days are over as Kirby taps American playbook

  Bloomberg United Continental Holdings Inc.’s addition of 47 domestic round-trips marks a stepped-up effort to regain ground lost to rivals as a new management team tries to shed the airline’s reputation as an industry doormat. United aims to ‘compete and win across the board,’ President Scott Kirby said in a message about the new service. The carrier is also ...

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