AHS Air International cleared in court
The Federal Government is all set to clear serious allegations against AHS Air International and renew its licence, after the Inter Services Intelligence (ISI) reported that it found nothing negative ...
The Federal Government is all set to clear serious allegations against AHS Air International and renew its licence, after the Inter Services Intelligence (ISI) reported that it found nothing negative ...
The latest budget announcement in India includes a tax holiday for capital gains for aircraft leasing companies along with tax exemptions for aircraft lease rentals paid to foreign lessors operating...
The Air India divestment by the Indian state is to be concluded during “the next fiscal period”. The winning bidder will get the main airline and a 100% stake in Air India Express and 50% stake in Air...
Vietjet Aviation Joint Stock Company recorded a consolidated after-tax profit of VND70 billion (US$3 million) in 2020, following its financial report released yesterday. The positive figure makes Viet...
Japan Airlines (JAL) has cut its full-year forecast to a record operating loss of ¥420 billion (US$4 billion). The new forecast is worse than all previous estimates and reflects the deteriorating situ...
HNA Group stated today in a post that the Group received a notice issued by the Hainan Provincial Higher People’s Court that creditors had applied to the court for bankruptcy proceedings to begin “due...
Cathay Pacific has unveiled a HK$6.7bn (US$869m) bond issuance. Shares fell 9.71% at the close, as within the statement Cathay confirmed that new quarantine measures planned for passenger and cargo cr...
Qantas and BP have announced a strategic partnership to further advance their shared net zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon...
Global law firm Reed Smith has hired Simon Spells to head its Asia aviation practice as a partner in its Transportation Industry Group and Singapore office. Spells joins from Bryan Cave Leighton Paisn...
Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDR) of Singapore-based lessor, Avation PLC and its subsidiaries, Avation Capital and Avation Group to 'CC' from 'B'. Fitch has also ...
Cathay Pacific has appointed Rebecca Sharpe, Group Director Finance of Hong Kong Aircraft Engineering Company, to succeed Martin Murray as Chief Financial Officer of Cathay Pacific Airways, effective ...
The Civil Aviation Authority of Singapore (CAAS) and the United Kingdom Civil Aviation Authority (UKCAA) have signed two collaborative agreements, further strengthening their bilateral partnership. Th...
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