Sunday , 19 April 2026

Recent Posts

India to sell 76% stake in Air India; new owners to get jets, $5bn of debt

Bloomberg India is selling a controlling stake in its flagship carrier along with two-thirds of the loss-making airline’s about $7.8 billion debt, as Prime Minister Narendra Modi moves ahead with the nation’s most high profile asset sale in decades. The government will sell 76 percent of Air India Ltd., according to a document uploaded on the civil aviation ministry’s website …

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China Southern profit jumps to record, focus on higher fares

Bloomberg China Southern Airlines Co., Asia’s biggest carrier by fleet size, said profit jumped to a record on the back of a stronger yuan and as the state-owned carrier focussed on profitable domestic routes. Net income rose 18 percent to 5.96 billion yuan ($950 million) in 2017 while revenue rose 11 percent to 127 billion yuan, the Guangzhou-based airline said …

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JetBlue speeds snack service with carts

Bloomberg JetBlue Airways Corp. flight attendants are turning in their trays and will begin using onboard carts as passengers call for faster snack and beverage service and more options. The shift on all JetBlue aircraft should cut service time by more than half, said Doug McGraw, a spokesman for the airline. Moving to carts will also enable the New York-based …

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