Fitch downgrades Avation to CC
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 ...
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...
Cathay Pacific carried a total of 37,815 passengers in November 2020, a decrease of 98.6% compared to November 2019. The month’s revenue passenger kilometres (RPKs) fell 97.9% year-on-year. Passenger ...
AirAsia X intends to revise its proposed reduction of 90% of the issued share capital of AirAsia X to 99.9% of the issued share capital. This comprises a reduction of the issued share capital of appro...
China Airlines has unveiled the first of six Boeing 777 Freighters, officially becoming the 20th operator of the world’s largest and longest range twin-aisle freighter. The 777 Freighter joins the air...
Hutchinson has signed a Memorandum of Understanding (MoU) with Singapore Component Solutions, the joint venture between Sabena technics and Air France Industries KLM Engineering & Maintenance dedicate...
In a report by Bloomberg, Heizo Takenaka, an expert member of the Growth Strategy Council newly established by the Yoshihide Suga administration and an emeritus professor at Keio University, has sugge...
AirAsia Group has confirmed that it has provided financial assistance to its associate and subsidiary companies during the third quarter ended 30 September 2020. On 16 July 2020, $1 million was provid...
MTU Maintenance Zhuhai, a joint venture between MTU Aero Engines and China Southern Airline Company limited, announces plans to establish a second facility in the neighbouring Jinwan district. The fac...
Alan Joyce, CEO of Qantas, has indicated that international air travellers will in future need to prove they have been vaccinated against Covid-19 in order to board Qantas flights. Joyce said that the...
Forbearance can only last so long. As accommodating as leasing companies have been to their clients throughout the pandemic crisis, many lessors are now taking action to get their planes back from cli...
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