Friday, December 23rd, 2016
BOC Aviation inks agreement to lease six Airbus A350s to Qatar Airways
DEC 23, (DNA) – Aircraft lessor BOC Aviation has signed an agreement to purchase and lease six new Airbus A350-900s to Qatar Airways, according to a company filing to the stock exchange on Thursday. The aircraft have a list price of US$1.85 billion, although the final deal will represent a significant difference from the list price because of discounting and other factors, BOC Aviation said in the statement. The aircraft are expected to be delivered next year. “We are excited to support Qatar Airways’ fleet expansion plans with this popular newRead More
India steps up efforts to stop Pakistan’s water
DEC 22, (DNA) -Despite Prime Minister Nawaz Sharif’s efforts for peace with India, Modi-led Indian government has increased efforts to stop Pakistan’s water by building huge water storage facilities and canals along the Indus river system. quoting senior official said that India is stepping up efforts to maximise its water use from the western rivers of the Indus basin. The three rivers flow through Indian-occupied Kashmir but most of the water is allotted to Pakistan under an international treaty. The treaty signed in 1960, gives India control over the threeRead More