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India in talks with Embraer, Russia’s Sukhoi to make small planes locally

BLOOMBERG India is looking to partner with global aircraft manufacturers, including Embraer SA and Russia’s Sukhoi, to make small planes locally as it seeks to improve connectivity in tiny towns and far-flung areas, according to people familiar with the matter. The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the ...

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Qantas plans to hire 8,500 workers over next decade

BLOOMBERG Qantas Airways Ltd plans to hire 8,500 more workers in the next decade, about the same number it cut during the pandemic, underscoring aviation’s growth trajectory less than a year after the crisis. The additional roles include pilots, cabin crew and airport staff. With potentially more than 300 new aircraft arriving in the next 10 years, Qantas also plans ...

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American Airlines goes all-in on its $15b debt-cutting plan

BLOOMBERG The new chief financial officer of American Airlines Group Inc has a message for skeptical voices in the credit community as the company seeks to secure a ratings upgrade: The $15 billion debt-cutting plan is on track. After spending around $24 billion to upgrade its fleet in the run-up to the pandemic, following a bankruptcy and the merger with ...

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