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Iran, Boeing clinch $17bn deal for 100 airliners

  Tehran / AFP Iran and US aerospace giant Boeing have reached an agreement for the purchase of 100 aircraft to renew the country’s ageing fleet, the head of Tehran’s civil aviation authority announced on Sunday. “We have 250 planes in the country, 230 need to be replaced,” said Ali Abedzadeh, the head of the civil aviation body, adding that the ...

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Air India cancels leave for cabin crew during Haj season

  New Delhi / Tribune News Service Air India has prohibited its cabin crew from taking leave during Haj season when the national carrier flies passengers for their pilgrimage to holy cities in Saudi Arabia. A circular sent to employees on June 9 said that cabin crew should not apply for leave between August 4 and October 16. “Strict compliance ...

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Avianca drops most since October

  Berlin / Bloomberg Avianca Holdings SA dropped the most in seven months, paring a rally that was sparked by speculation other airlines may seek to acquire a stake in the company, after Chairman German Efromovich said he’s currently seeking a partner rather than a buyer for the company. The stock dropped 7 percent to 2,475 pesos at 1:15 p.m. ...

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