Flag carrier Vietnam Airlines could record losses of $650 million in 2020, according the company’s latest shareholder meeting. Shareholders of Vietnam Airlines Corporation approved the 2020 business a...
IndiGo has initiated conversations with two lessors for the sale and leaseback of 12 ATR 72-600s and their engines, according to local media reports. The Hindu Business Line reports that talks have be...
The Qantas Group has completed its non-underwritten Share Purchase Plan, raising approximately AUD 71.7 million ($51.1 million) This follows Qantas’ AUD1,360 million underwritten placement to instit...
Cathay Pacific has made a number of changes to its cargo management team, starting by appointing Tom Owen into the role of director of cargo. Owen has served on the Cathay Pacific leadership team as d...
The Air India Express jet that overshot the runway on Friday, killing at least 18 people, had touched down too far along the airstrip, the head of India’s Directorate General for Civil Aviation told i...
A start-up Chinese-backed airline has applied to Hong Kong’s Civil Aviation Authority for an air operators’ certificate, according to a report in the South China Morning Post. Greater Bay Airlines put...
The board of directors of InterGlobe Aviation, which operates Indian carrier, IndiGo, has approved raising up to 4,000 crore rupees ($540 million) through a qualified institutions placement, the com...
Vietjet has posted a Q2 loss of VND1,122 billion ($48.4 million) a period that the carrier operated a flight network of 52 domestic routes with 14,000 flights and transported more than two million pas...
Samsung Partners a Korea-based private equity firm has launched an investment Samsung Aviation Partners to focus on global aviation investment. Samsung is in the process of setting up a leasing platfo...
ANA has recorded a 108.8 billion yen ($1.01 billion) loss in Q1 despite a strong focus on cost reduction by the Japanese carrier. “Passenger demand for both international and domestic flights declined...
SIA announced that the second quarter, which ended on June 30 and was the first of the carrier’s 2020 fiscal year, resulted in a 1.123 billion Singapore dollar ($816 million) loss. These losses come o...
HAECO Xiamen, a member of the HAECO Group, announced today that its Airbus A320 part-out capability has been formally approved by the Civil Aviation Administration of China (CAAC). The company is the ...
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