Bloomberg Thailand is seeking to take on Singapore’s dominance in aircraft maintenance, repair and overhaul with a $5.7 billion upgrade of a Vietnam War-era airport. Lockheed Martin Corp.’s Sikorsky Aircraft is the latest company to study a possible increase in MRO spend in Thailand in the wake of the planned revamp of U-Tapao International Airport, said Ajarin Pattanapanchai, deputy secretary ...

Bloomberg Turkish Airlines is considering options to fund its planned move to Istanbul’s new airport, due to open at the end of next year, reports said. Options under consideration include having the new airport’s consortium of builders, known as IGA, construct and own the facilities and lease them to the airline, three people said, asking not to be identified because ...

Bloomberg India’s federal investigation agency will probe a decade-old deal by the national carriers to acquire 111 aircraft, which saddled the flag carrier Air India Ltd. with losses, the Central Bureau of Investigation said. The CBI, as the federal police is known, registered three cases and one preliminary inquiry in the light of orders from the Supreme Court in January, ...