AirAsia completes equity private placement
AirAsia Group has completed its private share placement exercise with the issuance of a second tranche of 100.37 million new shares at an issue price of RM0.865 each – which equates to about 3% of th...
AirAsia Group has completed its private share placement exercise with the issuance of a second tranche of 100.37 million new shares at an issue price of RM0.865 each – which equates to about 3% of th...
Cathay Pacific has reported a net loss of HK$21.648bn ($2.8bn) for 2020 compared to a profit of HK$1.691bn in 2019. The loss for 2020 is net of the receipt of HK$2.689bn of COVID-19-related government...
AerDragon Aviation Leasing Company Limited (AerDragon) has announced that it has entered into lease extensions with Shandong Airlines relating to two B737-800 aircraft. “We value our long-established ...
Avation PLC has reached an agreement with bondholders for an extension to its 6.5% senior notes. The notes were due to mature in May 2021 but have been extended to October 2026 with 76% of bondholders...
Singapore Airlines is swapping 14 Boeing 787-10s for 11 Boeing 777-9s. With this update, Singapore Airlines now has plans to have a total of 30 Boeing 787-10s (down from 44) and 31 Boeing 777-9s (up f...
SpiceJet’s lenders have expressed concerns over the airline’s decision to hive off its cargo business into a wholly-owned subsidiary. AT the AGM in December the airline proposed to its shareholders a ...
Air India posted losses of ₹7,982.83 crore (just over US$1bn) in 2019-20, ₹8,556.35 crore (US$1.17bn) in 2018-19, and ₹5,348.18 crore (US$670m) in 2017-18. Repoorts are circulating that Air India is s...
Easter Jet Airline based in Gangseo-gu, Seoul, has seen one of its senior financial officials indicted for embezzlement this week. The identity of the accused official has not been revealed by the pro...
IATA reported a decline in demand of 15.2% in 2020 compared to 2019 (-13.2% for international operations) and a fall in capacity of 27.4% (-26.2% for international operations). In December airlines in...
TAG Aviation’s Hong Kong maintenance facility has been appointed a Dassault Falcon Authorized Service Center for the Falcon 7X/8X large cabin trijets. The move will make TAG Aviation Hong Kong a compl...
Hainan Airlines shares fell almost by the daily limit in trading today in Shanghai after the airline warned of a loss of between 58 billion yuan (US$8.98bn) and 65 billion yuan just over US$10bn. The ...
China Eastern Airlines to raise US$1.7bn through non-public issuance of 2.5bn A Shares to provide working capital. The non-public issuance of 2.5 billion A shares is to CEA Holding for a cash issue pr...
We're Social