Mumbai: The Government of Seychelles and Etihad Airways, the national airline of the United Arab Emirates, have signed a Memorandum of Understanding wherein Etihad will invest to acquire a 40 per cent stake in Air Seychelles Ltd as part of a strategic partnership alliance initiative between Air Seychelles and Etihad Airways. The deal was announced … Continue reading
This year the Asian-Pacific region based aircraft fleet is expected to expand even further with 650 new aircraft to be added to the already impressive existing fleet. According to Ascend, among the 31 leading airlines (based on wide body aircraft deliveries) 13 are registered in Asia, 10 – in Europe, 5 – in the Middle … Continue reading
Mumbai: Airberlin, Europe’s sixth biggest carrier, has begun direct services from Berlin to Abu Dhabi with the first flight to the capital of the United Arab Emirates (UAE) arriving this morning. The inaugural flight was greeted by a traditional water canon salute after touchdown at Abu Dhabi International Airport. Airberlin will operate the new flights in … Continue reading
Hyderabad: Hyderabad’s privately owned company which is into manufacturing of precision engineering parts for Aerospace and Defense industries enters into joint venture with Industria de Tuberias Aeronauticas (ITA), a Spanish company and Reginson Engineering Ltd (“Reginson”), a British Company. JV will be investing Rs 25crore in 3 phases and will employ a work force of … Continue reading