Strong closing for Cebu IPO
Cebu Air has raised 23.3bn pesos ($560 million) from its initial public offering. This is the biggest ever IPO for a Philippine firm in dollar value, and the largest since 2005 in pesos. Moreover on i...
Cebu Air has raised 23.3bn pesos ($560 million) from its initial public offering. This is the biggest ever IPO for a Philippine firm in dollar value, and the largest since 2005 in pesos. Moreover on i...
DVB Bank and ICBC Financial Leasing (ICBCFL), a wholly-owned subsidiary of Industrial and Commercial Bank of China (ICBC), have closed a five-year $162.8 million term loan facility. In September 2010,...
Air China, China Southern Airlines and seven other Chinese airlines is raising its passenger fuel surcharges. China Southern announced in a statement that it will charge 70 yuan for flights of more th...
GE Capital Aviation Services (Gecas) has delivered a new Boeing 777F freighter aircraft to China Cargo Airlines. The aircraft is from the lessor’s existing order book with Boeing. ...
China Airlines reported record profits in the third quarter thanks to an increase in cargo shipments and increased travel across the Taiwan Strait. The Taiwanese airline’s net income was NT$3.76 billi...
Geoffrey Kinghorn, the son of the founder of Allco Finance Group, John Kinghorn, is reported to be suing Allco's receiver for malicious prosecution over an abandoned Federal Court case relating to the...
Cebu Air CEO and president Lance Gokongwei says he expects its international business to be larger than its domestic business in less than five years. The statement was made as the Philippine budget a...
Delta TechOps has signed a three-year contract with China Eastern Airlines (CEA) to provide maintenance and repair services to various aircraft engine types. The contract, which includes an option for...
Boeing and Air India, who are setting up a joint venture multi-million MRO facility at the upcoming Special Economic Zone near Nagpur, are expected to submit the final project design to authorities so...
The director general of Civil Aviation in India has ordered an inquiry into an incident at Mumbai airport when a Jet Airways aircraft hit a stationary Kingfisher airlines plane on Saturday. The pilot ...
The first of 10 A380 aircraft on order from Korean Air is in final production at the Airbus headquarters in Toulouse. The airline expects to take delivery in May 2011. Korean Air, which will be the fi...
Air India is planning rebrand its low-cost subsidiary Air India Express and move its headquarters to Thiruvananthapuram. The move is part of the National Aviation Co. of India Ltd (Nacil) restructurin...
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