A malfunction with Air India's check-in software over the weekend caused delays to flights across the world. The technical glitch, which took place on Saturday morning, caused Air India’s Passenger Se...
CDB Aviation has gained strong grade issuer credit ratings from Moody's Investors Service, S&P Global Ratings and Fitch Ratings. Moody’s assigned its A1 local currency and foreign currency issuer rati...
Pattonair has received new business from MRO specialist, TEXL, the China-based joint venture between Swire Group and GE. Global aerospace and defence supply chain provider, Pattonair has stated that t...
Vietjet has posted nearly 50% growth rate in both revenue and pre-tax profit from its core aviation business, as announced in its 2018 financial statement. The budget carrier posted $2.33 billion in r...
Budget carrier Vietjet has launched a direct service linking Phu Quoc to Hong Kong, in a move which the company says makes them the first airline to operate the direct service between the two destinat...
Republic of Maldives airline Manta Air has signed a five-year Global Maintenance Agreement (GMA) with ATR. The agreement covers the repair and overhaul of easily replaceable components (Line Replaceab...
CDB Aviation has closed a $525 million unsecured credit facility, marking the company’s first such syndicated transaction. The company, which is a wholly owned Irish subsidiary of China Development Ba...
Singapore Technologies Engineering (ST Engineering) has announced its Aerospace and Electronics sectors have secured new contracts with a combined value of about $2.1 billion for the first quarter of ...
All Nippon Airways (ANA) has announced that its online reservation system will include new functionality to make it easier for passengers to confirm seats prior to departure. These changes will be app...
AirAsia has sold 25 aircraft to Castlelake for $768 million, which the company hopes will free up cash for its digital business plans. AirAsia Group CEO Tan Sri Tony Fernandes tweeted a statement, whi...
Ana Holdings is set to issue a social bond worth $44 million, supported by SMBC Nikko Securities, in May 2019. The bond is set to back the company’s values through a financial method designed to incen...
Singapore Technologies Engineering (ST Engineering) has completed the transaction of MRA Systems for $506m in cash. MRA Systems is now an indirect wholly-owned subsidiary of ST Engineering, whose aer...
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