For the last few years, thanks to the well known financial problems at its parent AIG, the world’s largest aircraft lessor by value, International Lease Finance Corporation (ILFC), was on the quiet. Yesterday, ILFC announced its comeback with two big orders. One with Airbus S.A.S. for 75 A320neo and the first orders for the A321neo for 25 aircraft. From the …
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India and Brazil sign new bi-lateral air services agreement
BASIC and BRIC economic group partners India and Brazil signed a new bi-lateral air services agreement (ASA) recently superseding an earlier 2006 agreement, with an intent to drive greater trade, economic investments and tourism between the two nations. The new agreement allows for any number of designated airlines (which was previously limited to one per country), to operate up to …
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