Delta Air Lines extends lease agreement with world's busiest airport through 2017October 5th, 2009 Delta extends lease agreement with Atlanta airportATLANTA — Delta Air Lines Inc. has reached a deal with the world's busiest airport to extend its lease agreement there through 2017, culminating sometimes testy negotiations between the two parties.
NALCO gets mining lease for refinery in Andhra PradeshSeptember 18th, 2009 BHUBANESWAR - The state-owned National Aluminium Co Ltd (NALCO) Friday said it has got the mining lease approval to build a 1.4 million tonne greenfield alumina refinery in Andhra Pradesh. The government of India has accorded prior approval for the mining lease proposals of the government of Andhra Pradesh for awarding lease to NALCO over Gudem and Katamraju Konda bauxite blocks in Andhra Pradesh, the company said in a release.
A look at the debt picture for the 5 largest US airlinesSeptember 17th, 2009 A look at airlines' debt pictureAMR CORP, parent of American Airlines:
Long-term debt and capital lease obligations as of June 30 (includes principal amount of airport facility tax-exempt bonds and present value of aircraft operating lease obligations): $14.2 billion
CONTINENTAL AIRLINES INC.:
Long-term debt and capital lease obligations as of June 30: $4.96 billion
DELTA AIR LINES INC:
Long-term debt and capital lease obligations as of June 30: $14.8 billion
UAL CORP., parent of United Airlines:
Long-term debt and capital lease obligations as of June 30: $6.8 billion
US AIRWAYS GROUP INC.:
Long-term debt and capital lease obligations as of June 30 (net of current maturities): $4.07 billion
———Sources: SEC filings. Figures may not offer straight comparisons depending on how airlines report them.
With natural gas prices at 7-year lows, producers are sparse during government lease auctionAugust 19th, 2009 Energy companies sparse during for offshore bidsNEW ORLEANS — Energy companies are not showing a lot of interest in offshore leases for natural gas being offered by the government. With prices down two-thirds, it's no surprise.
A glimpse at Wednesday's western Gulf energy lease saleAugust 19th, 2009 A look at the latest Gulf energy lease saleHere is a look at Wednesday's sale of federal offshore petroleum leases in the central Gulf of Mexico:
Total of winning bids: $115.4 million
Total amount of bids: $145.2 million
Tracts receiving bids: 162
Top 10 companies based on total of high bids submitted:
1. BP Exploration & Production Inc., 37 for $50.6 million
2.
Court clarifies offshore drilling ruling, says it doesn't apply to Gulf Coast leasesJuly 29th, 2009 Offshore drilling ruling doesn't apply to GulfWASHINGTON — A federal appeals court ruling won't stand in the way of new oil and gas drilling in the Gulf of Mexico. The U.S. Court of Appeals in Washington clarified late Tuesday that its decision earlier this year to block some Bush-era drilling plans was meant to apply only to activity in Alaska, not the Gulf.
US anti-narcotics force flies last surveillance mission from Pacific base in EcuadorJuly 18th, 2009 US anti-drug force flies last flight from EcuadorQUITO, Ecuador — A U.S. anti-narcotics force flew its last surveillance mission from Ecuador's Pacific Coast on Friday.
Obama administration to proceed with Gulf drilling plan despite legal uncertaintyJuly 17th, 2009 Interior plans offshore drilling despite questionsWASHINGTON — The Obama administration is moving ahead with an oil lease sale in the Gulf of Mexico next month despite legal questions about whether the proposal and other offshore drilling plans initially drawn up under President George W. Bush went through a full environmental review.
Virgin Atlantic Airways makes firm order for 10 Airbus A330 jetsJune 22nd, 2009 Virgin Atlantic orders 10 Airbus A330sPARIS — Virgin Atlantic Airways has ordered 10 Airbus A330-300 passenger jets worth more than $2 billion at list prices, Airbus said Monday. The European aircraft manufacturer said Virgin Atlantic will buy six of the the wide-body, twin-engine jets from Airbus and will lease another four from AerCap, the Netherlands-based aircraft leasing company.
Rolls Royce signs $1.5 billion order to supply engines for Gulf Air's A330sJune 15th, 2009 Rolls Royce gets $1.5B order with Gulf AirLE BOURGET, France — Rolls-Royce PLC said Monday it has signed a $1.5 billion order with Gulf Air to supply engines for the Bahrain-based airline's new Airbus A330 long-haul aircraft. The British aircraft engine manufacturer will supply Trent 700EP engines to power 20 Airbus A330 aircraft, with deliveries beginning in 2012, Rolls Royce said in a statement released at the Paris Air Show.
US offers to lease choppers to India for coastal securityJune 5th, 2009 NEW DELHI - The US has offered to provide helicopters on lease to India to improve patrolling along its 7,516 km-long coast, a defence ministry official here said Friday. Following the audacious attack on Mumbai last year by terrorists who used the sea route to get into the city, India is considering the option of taking the helicopters on lease for patrolling its vast coastline.
With United Airlines eyeing new planes, here's a look at its current fleetJune 5th, 2009 A look at the United Airlines fleetUnited has said it is asking Airbus and Boeing for proposals to replace its largest planes. Here's a look at its current fleet, seat count, and average age:
Airbus A319, 55 planes, 120 seats, 9 years
Airbus A320, 97 planes, 148 seats, 11 years
Boeing 737, 34 planes, 108 to 123 seats, 17 to 20 years
Boeing 747, 24 planes, 350 seats, 13 years
Boeing 757, 97 planes, 172 seats, 17 years
Boeing 767, 35 planes, 212 seats, 14 years
Boeing 777, 52 planes, 267 seats, 10 years
Source: United Airlines
Sarvana Bhawan gets fresh lease of life in capitalMarch 3rd, 2009 NEW DELHI - There was good news Monday for thousands of patrons of Sarvana Bhawan, a popular south Indian eatery in Connaught Place, when the Delhi High Court was informed that its lease deed had been renewed for two years. On a complaint filed by Subhash Chander Gupta, the owner of P-15 premises in Connaught Place, that the lease deed expired in September 2008 and a new one was not negotiated by the owner of the eating joint, the court had on Feb 18 asked the restaurant to close down.
Connaught Circus' Sarvana Bhawan asked to vacate placeFebruary 16th, 2009 NEW DELHI - The Delhi High Court Tuesday asked Sarvana Bhawan - a popular south Indian restaurant in Connaught Circus - to vacate the premises as their lease agreement expired in September last year. Justice S.N.
Oman carrier takes two Jet Airways planes on wet leaseFebruary 15th, 2009 NEW DELHI - Jet Airways has entered into agreements with Oman Air for leasing out, on a wet lease basis, of two A-330-200 aircraft for a period of six months each, with effect from May, the company announced Monday. 'These steps are being taken, under the ongoing route re-structuring and cost-saving programme undertaken by the company,' Jet said in a regulatory statement.