Bloomberg India is considering buying and leasing small planes to local carriers as part of Prime Minister Narendra Modi’s plan to connect remote towns and villages by air, people familiar with the proposal said. To succeed, Modi’s plans would need small, 20-seat aircraft, which are usually not leased out by traditional aircraft-renting companies, the people said, declining to be ...

  Bloomberg International Airfinance Corp. Ltd. is seeking to raise at least $1 billion to buy 18 Airbus Group SE planes that will be leased to Saudi Arabian Airlines, according to three people with knowledge of the plan. IAFC is exploring options including 12-year amortizing loans to pay for 10 A330-300 jets and eight A320 narrow-bodies due for delivery in ...

  Dubai / Emirates Business Al-Futtaim Watches & Jewellery announced the opening of their latest The Watch House Outlet store within the Dubai Outlet Mall. The portfolio currently includes 19 Watch House stores, 2 Al-Futtaim Watches & Jewellery stores, 4 Al-Futtaim Jewellery stores, 2 Time Zone stores and an exclusive Seiko Boutique, in addition to 2 Watch House Outlets including ...