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Air France-KLM extends India reach with Jet Air deal

Bloomberg Air France-KLM Group and Jet Airways India Ltd. agreed to deepen an existing partnership with offerings on India- Europe routes together, giving the biggest European airline more seamless access to the world’s fastest growing major aviation market. The latest deal will offer travel options for 44 cities in India and 106 destinations across Europe, Jean-Marc Janaillac, chairman of Air ...

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Norwegian eyes LA, NYC in $4.3bn push

Bloomberg Norwegian Air Shuttle ASA’s Argentine unit is planning direct flights from Buenos Aires to Los Angeles, New York and Istanbul as part of a $4.3 billion expansion in the South American country over the next 10 years. The discount airline is also eyeing service to such cities as Dallas, Honolulu and Johannesburg, said Ole Christian Melhus, head of Norwegian’s ...

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PM Modi to exclude $4.7bn debt before Air India sale

Bloomberg India plans to exclude more than half of the $7.6 billion debt owed by the struggling national airline to help burnish its appeal as PM Narendra Modi presses ahead with a sale, people with knowledge of the matter said. The government proposes to transfer all of Air India Ltd.’s non-aviation assets and short-term loans of as much as $4.7 ...

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