Regulators
ATR Identifies 16 Million-Passenger Market in Untapped Indonesian Routes
Franco-Italian turboprop aircraft manufacturer ATR has identified a market of roughly 16 million passengers a year that remains largely untapped in Indonesia.
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Regulators
India launches $10.5B tender for 60 medium transport aircraft, pitting C-130J against C-390
India's Ministry of Defence has issued a request for proposals for 60 medium transport aircraft, valued at approximately $10.5 billion, with Lockheed Martin's C-130J and Embraer's C-390 emerging as leading contenders. Five Indian companies, including Tata Advanced Systems and Mahindra, are expected to partner with foreign manufacturers in the competition.
Regulators
airBaltic Bondholders Approve New Terms for Outstanding Bonds
airBaltic has announced that its bondholders have approved amendments to the terms of the airline's outstanding €380 million 14.5%-interest bonds, which are due in 2029.