Search Results: Airbus A350 (624)

The Kingfisher Airlines fiasco resumes haunting its owner and employees even a decade later. An Indian airline has gone from promising 5-star service to passengers to operating out of funds to pay its employees. Its owner, Vijay Mallya, who is now in the UK, is often in the information at court trials, and every time a new sentence is declared, he scratches the wounds of several former workers who are still waiting for their dues to be paid.

Russia has today announced plans to invest over $14 billion in its aviation industry by the end of the decade to increase domestic aircraft production. The goal is that 81% of aircraft operated by Russian airlines will be domestically built by 2030, according to Deputy Prime Minister Yury Borisov’s comment in a televised meeting of government officials.