All 127 people, 118 passengers and nine crew, on board a Bhoja Air flight are feared dead in a crash near the national capital of Islamabad in Pakistan. Bhoja flight B4-213 had departed from the commercial capital of Pakistan, Karachi. There was severe weather in the area of the crash. The aircraft last made contact around 18:20 local (13:20Z) and …

The government of India will allow aviation companies to borrow up to $1 billion (Rs. 5,100 crore) collectively and up to $300 million individually, from overseas, via the external commercial borrowings (ECB) route, as per a statement released by the finance ministry today. In his Budget speech last month, the Indian Finance Minister had announced that companies in the aviation …