Air India News
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Airlines backed a call for an emissions market to offset growth in their greenhouse gases after 2020, a step that could spur international talks on tackling pollution from the industry.
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IATA airline association members meeting in Cape Town approved proposals for compliance with a commitment requiring carbon-neutral growth after 2020.
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ANA Holdings Inc. and Japan Airlines Co., the world’s two largest operators of Boeing Co. 787s, are counting on the Dreamliner to boost profits as the carriers dump their fleets of 747s that they relied on for decades.
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ANA Holdings Inc. and Japan Airlines Co., the world’s biggest operators of Boeing Co. 787s, resumed commercial service with the plane after battery malfunctions kept the Dreamliner fleet grounded for more than four months.
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Boeing Co.’s 787 Dreamliner cleared another hurdle in restoring its image as United Airlines, the only U.S. operator, resumed flights today after the jet’s lithium-ion battery flaws forced a three-month grounding.
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Air India Ltd., the carrier which pays more interest on its debt than any publicly traded Asian airline, plans to borrow $300 million from overseas to repay costlier rupee obligations, according to a company official.
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GS Yuasa Corp., the maker of lithium- ion batteries for Boeing Co.’s 787 Dreamliner, rose by the most in more than four years after United Airlines, the only U.S. operator of the plane, resumed flights yesterday.
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Air India Ltd., the state-run carrier that resumes Boeing Co. 787 commercial flights tomorrow, plans to take delivery of eight more of the fuel-efficient planes by December as it seeks to pare losses.
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Air India Ltd., which has received about $1.7 billion in the past four years in government bailouts, is now finding support from state-owned fuel suppliers in its fight for market share.
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ANA Holdings Inc., operator of the world’s largest Boeing Co. 787 fleet, placed advertisements in Japanese newspapers to lure flyers back to the aircraft, which had been grounded after battery overheating incidents.
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