AirAsia X posted a net profit of RM328 million in Q1 of 2023 and returned shareholder equity to the positive side of the ledger. In the Q1 of 2023, AAX generated revenue of RM548.8 million around 50% ...
The Qantas Group released its detailed strategy to 2030 at its first Investor Strategy Day since the pandemic. The strategy focussed on long-term plans across key categories of customer experience, su...
Hainan Airlines is planning to resume flights to three international destinations, Rome, Auckland, and Brussels from its Shenzhen hub. The resumption of these routes is a part of the airline’s plan to...
Asiana Airlines is resuming its international network to Philippines with daily Incheon-Clark service as a part of its network expansion. The airline had suspended this route due to slow down in trave...
Asia Pacific airlines recorded a 249.8% year-on-year increase in the number of international passengers carried to a total of 20.3 million in April, with demand averaging 63.3% of the corresponding mo...
Apax Partners have reached a definitive agreement to invest approximately $450 million to acquire a significant minority stake in IBS Software, from Blackstone. Following the transaction, Apax will pa...
The Qantas Group is establishing the $260 million climate fund to provide direct investments in sustainability projects and technologies. The initiative is an essential part of the airline's pathway t...
Singapore Airlines and Garuda Indonesia have entered into a joint venture to increase passenger capacity between the two countries, as post-COVID tourism in Southeast Asia ramps up. “The proposed join...
In the latest development in the Jet Airways insolvency case, the National Company Law Appellate Tribunal (NCLAT) has allowed a three-month extension to Jalan Kalrock Consortium (JKC) to make payment ...
IndiGo is further expanding its domestic network with a string of new routes announcement. The airline is set to strengthen its presence at the new airport in North Goa by flights to Patna, Bhopal, Va...
China Eastern Airlines marked a significant milestone with the successful launch of first passenger flight with the COMAC C919 aircraft, almost five months after the COMAC delivered its first passenge...
HAECO Group recently appointed Richard Sell as its new Chief Executive Officer effective July 1.]. He will succeed Frank Walschot, who will remain as an advisor to the company. As the Chief Executive ...
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