INDONESIAN AND THAI IPO SLATED FOR AIRASIA
AirAsia is planning initial public offerings (IPO) for its Indonesian and Thai affiliates. Chief executive Tony Fernandes hopes the money raised will fund his expansion ambitions. He also confirmed...
AirAsia is planning initial public offerings (IPO) for its Indonesian and Thai affiliates. Chief executive Tony Fernandes hopes the money raised will fund his expansion ambitions. He also confirmed...
Airline stocks have continued their slide downwards since civil unrest erupted in the Middle East and have retreated back to October levels. The drop was forced yesterday on the news Libya has halt...
Shares of Garuda Indonesia, the country's national airline, have fallen more than 20% on their market debut today. Garuda shares were trading at close to 600 rupiah on the Indonesia Stock Exchange ...
People's United Bank has established a new business aviation division which will operate under the bank's People's Capital and Leasing Corp. (PCLC) unit. PCLC, which will be headed by vice president...
The jet engine that exploded in mid-air on a Qantas long-haul flight has cost Rolls-Royce £56million. RR confirmed yesterday that the blow-out in one of its Trent 900 engines on an Airbus A380 flyin...
German carmaker Daimler has been placed under formal investigation in France over alleged insider trading in Airbus parent EADS. A French judge has already placed seven current and former EADS execu...
Shares in the newly-merged International Consolidated Airlines Group (ICAG) tanked 8.6 to 251p yesterday after its peer airline group Air France-KLM issued a profit warning for its full year earning...
Analysts have upgraded Southwest Airlines from Overweight to Buy. Over the last 52 weeks the stock has ranged from a low of $10.42 in July to a high of $14.32 in November. Southwest Airlines stock ...
Aircell has closed $35 million in private equity financing. The funds will be used to fund growth in commercial aviation markets, including increasing its base of installed airline-operated aircraf...
TUI Group is reported to have issued a request for proposal (RFP) for nine 737-800s. The travel company’s order for 50 737-800s was announced in May 2007 along with an order for 11 787s. The TUI G...
Due to a claim of $7 million for its damaged turboprop ATR that flew from Bhavnagar to Mumbai in 2009, Kingfisher Airlines can expect higher insurance premiums when its policy is renewed in June. H...
The Karnataka government is looking at Rs 10,000 crore investments in the aerospace sector by the end of next year, a top official has confirmed. "From the present Rs 5,000 crore in aerospace secto...
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