Air India's request to its owners, Tata Sons and Singapore Airlines, for $1.5 billion has sparked debate in Singapore about the exposure of state investor Temasek to Indian carrier. A government minister stated that the news of the funding request had led to anti-Indian abuse on the internet, and asked the police to investigate the comments. Here are some key facts AIR INDIA REQUEST FOR FUNDING Air India approached India's Tata Group as well as Singapore Airlines to discuss equity funding. This comes after Air India and its budget airline posted a record-breaking annual loss of 2,33 billion dollars last...

Budget airlines 'Wizz Air' and 'Ryanair, both European carriers, called for a restructure of Britain’s air traffic controller NATS on Tuesday after a?new technical issue that caused?hundreds? of flights to be disrupted at key airports across the country. "A vital national infrastructure provider shouldn't repeatedly stop the aviation system." NATS in its current state is not suitable for the purpose it was intended for," said a Wizz Air spokesperson. Rival airline Ryanair has also criticised this agency and demanded the resignation of its CEO, Martin Rolfe. We were told that lessons would be learned after the collapse of 2023. "Resilience...

The Financial Times reported that a unit of the Russian state-owned aircraft?lessor GTLK is suing 'easyJet' for $72 million over claims it illegally abandoned six Airbus airplanes after ending their leases due to sanctions. STLC - Europe Eight, a division of GTLK Europe filed the lawsuit in London's High Court. It alleges that easyJet leased 'Airbus jets at Madrid and Cyprus without maintenance in 2022 while airport storage charges continued to accumulate. According to the claim the carrier leased 'aircraft from STLC, and informed the lessor 'April 2022 it was terminating leases due to EU sanctions that prevented them from...

Budget airlines Wizz Air and Ryanair called on Tuesday for a restructure of Britain's air-traffic control provider NATS after a new technical issue disrupted hundreds of flights at major airports across the country. "A national infrastructure provider that is critical to the aviation industry should not bring it to a standstill repeatedly." NATS in its current form is not suitable for the purpose it was intended for," said a Wizz Air spokesperson in a statement. Rival airline Ryanair has also criticised this agency and demanded the resignation of its CEO Martin Rolfe. We were told that lessons would be learned...

The United States issued 36 new'sanctions' on Tuesday, targeting Iran’s aviation sector and other companies. This is part of an effort to increase economic pressure on Tehran at a time when the Middle East war has entered its seventh month. The U.S. Treasury Department stated that the action was taken to 'ground Iran's Mahan Air, and other Iranian airlines, as well as covert?front companies, foreign intermédiaires, and deceptive?trans-shipment routes?, which Iran relies upon?to acquire U.S. origin aircraft and sensitive technology? The Treasury issued an alert to financial institutions asking them to report networks of procurement supporting Iran's aerospace industry. It...

Heathrow Gatwick Manchester Stansted were among the major British airports that experienced delays and restrictions on Tuesday due to a technical problem with NATS, which is responsible for air traffic control. We are currently investigating a technical problem that is causing some delays in flight departures. NATS posted on X that "Our engineers are on the ground and we will give you an update as soon as possible." Heathrow Airport, Britain's largest hub, has said that it is working with NATS in order to solve the problem as quickly as possible. Edinburgh Airport posted a message?on X stating that this...

Air India's request to its owners, Tata 'Sons' and Singapore Airlines, for $1.5 billion has sparked debate in Singapore about the exposure of state-owned Temasek to Indian carriers. A government minister claimed that the news about the funding request had led to anti-Indian abuse on the internet, and asked the police to investigate the comments. Here are?the?key facts: AIR INDIA REQUEST FOR FUNDING Air India approached India's Tata Group as well as Singapore Airlines to discuss equity funding. This comes after Air India and its budget airline posted a record-breaking annual loss of 2,33 billion dollars last month. Singapore Airlines,...

The Anfield'side has agreed a five year deal with Turkish Airlines to become its main club partner from 1 June 2027. This is the first time since 2010 that Standard Chartered was their shirt sponsor. According to media reports the deal announced Tuesday is worth more than PS300 million ($405.78 millions), which would make it one of the most lucrative deals in the Premier League. The exact figures are not yet confirmed but it is expected to be similar to the income generated by Manchester United's shirt sponsoring deal with Qualcomm that was signed in August 2024. Standard Chartered is...

Singapore's Transport Minister defended on Tuesday the 'Singapore Airlines investment in Air India', stating that 'the city-state's Flag carrier must grow abroad because there are limits to how many passengers will fly into or out of Singapore. In response to a parliament question, Minister Jeffrey Siow stated that the flag carrier is a publicly listed company which funds its investments out of its own balance sheet. It has not requested additional capital from shareholders. Temasek, a Singaporean state investor, owns the majority of the airline. Singapore Airlines' 25.1% share in Air India has affected its earnings, and the carrier's multi-billion...

Willis Lease Finance Corp, a US-based aircraft engine lessor, is targeting the soaring demand for engine maintenance in Asia-Pacific. Its CEO stated that its 'new Malaysian repair facility' was just one step of a larger regional push. The Nasdaq listed company announced in late August plans to build its third global repair centre for engines in Johor, southern Malaysia. This is instead of Singapore where the company has an office as well as large maintenance operations by ST Engineering and GE Aerospace. In an interview with CEO Austin Willis on Friday, Willis said that Singapore is a great location but...

Airbus jet deliveries increased 9% in the first eight-months of 2026. The European planemaker is 'broadly on target' to meet its yearly quota, but it still has some catching up to do with the A330 after a production snag. Airbus announced in a monthly bulletin it delivered 475 jets between January and August. This is up from the 434 that were delivered in the same period last year. The total included 57 deliveries during August. The France-based company released data showing that deliveries of the A330 wide body jet resumed in August with one handover, after they had been suspended...

ArianeGroup, a European rocket manufacturer, is looking at a "potential increase" in the deployment of its Ariane 6 heavy launcher. CEO Christophe Bruneau said to reporters on Monday. The European Space Agency said 'on Friday that it was looking at increasing the launch rate for Europe's Ariane 6 rockets and Vega-C in future years in order to deal with a looming satellite deployment bottleneck. Arianespace, ArianeGroup's subsidiary in charge of marketing and operating launches out of French Guiana, wants to achieve a stable launch rate between nine and ten Ariane 6 rockets per year, starting in 2027. Bruneau said at...