Singapore Airlines (SIA) is proposing to issue the second tranche of Mandatory Convertible Bonds (Rights 2021 MCBs), which will raise approximately S$6.2 billion in additional liquidity. Shareholders ...
Virgin Australia Group CEO Jayne Hrdlicka was today joined by the Deputy Prime Minister of Australia, Michael McCormack MP to outline Virgin Australia’s next phase of growth, which will include 250 ne...
Shanghai Yuyuan Tourist Mart Group is reported to be planning to create a company with affiliates and strategic investors to invest in airline companies. A report from Reuters states that the new enti...
In a market update, Qantas Group has disclosed that the company expects to post a statutory loss (before tax) of more than $2 billion in FY21, which on top of a $2.7 billion loss last year, means that...
Cathay Pacific carried a total of 22,404 passengers in April 2021, an increase of 63.2% compared to April 2020, but a 99.3% decrease compared to the pre-pandemic level in April 2019. The month’s reven...
Philippines airline, Cebu Air, has raised fresh funds from the International Finance Corporation (IFC), the IFC Emerging Asia Fund, and Indigo Philippines, an affiliate of Indigo Partners. IFC, the IF...
Go First (rebranded GoAir) is prepping an initial public offering (IPO) to raise R3,600 crore (approx. US$491 million), according to draft papers filed last week. The company is intended to list on th...
In April 2021, China Southern Airlines passenger capacity (measured by available seat kilometres (ASK) increased by 153.62% as compared to the same period last year (a year-on-year (YoY) basis). Of wh...
Startup airline from Taiwan, Starlux Airlines, has launched its brand-new route between Taipei and Ho Chi Minh City, operating three round-trip flights a week. K.W Chang -- a certified pilot and forme...
Avation has sold an ATR 72-600 aircraft (MSN 1591) to another regional aircraft lessor at “current market rates”. The aircraft is on lease to the South Asian airline US-Bangla Airlines. Avation’s Exec...
Indian low-cost carrier, Go Air, has rebranded to become Go First. The new name carries the tagline: “The Airline Where You Come First”. “With this change, Go First is poised for its next phase of gro...
China Aircraft Leasing Group (CALC) states that it has successfully navigated its journey through an extremely challenging year in 2020. CALC’s total revenue was HK$3,485.8 million, only a slight dip ...
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