Tata Sons to increase AirAsia stake
Tata Sons plans to increase its stake in AirAsia India to 41.06% from 30%. Unconfirmed reports state that Tata Sons will likely acquire the additional stake from Arun Bhatia's Telestra Tradeplace whic...
Tata Sons plans to increase its stake in AirAsia India to 41.06% from 30%. Unconfirmed reports state that Tata Sons will likely acquire the additional stake from Arun Bhatia's Telestra Tradeplace whic...
Media sources report that Okay Airways has agreed to merge its regional operations into Joy Air. After the merger, Okay Air will no longer operate the MA60 aircraft. The shareholding structure of the ...
Air India has lost slots for its original order for 787-8 since it was unable to get board approval in time to decide on whether to switch its order to the stretched 787-9 version. The 787s will only ...
Nok Air has reported a net loss of THB51.3 million ($1.5 million) for the second quarter of 2015, which narrows a THB159 million loss in the year-ago period. Revenue was up by 14 % to THB3.2 billion, ...
Further to the announcement on 20 July 2015, ST Engineering has announced that its P&CEO, Tan Pheng Hock has been discharged from hospital and is now on medical leave until end September 2015. Tan sai...
China Eastern Airlines has reported a 12.11% increase in passenger traffic during July to 8.62 million passengers. Domestic passengers grew by 11.22%, with international passengers up by 23.95% to 1.0...
Boeing projects a demand for 1,740 new airplanes, valued at $240 billion, over the next 20 years in India. The company released its annual India Current Market Outlook (CMO) in Mumbai, forecasting the...
Indonesia AirAsia is planning to relaunched the direct Singapore-Padang, Sumatra service, which has been vacant since it Tigerair Mandala ceased operations in July 2014. Indonesia AirAsia has applied ...
Asiana Airlines has posted a second-quarter net loss of KRW85 .4 billion ($72.4 million), widening the net loss of KRW11.8 billion in the year-ago period. The carrier has attributed the fall to the lo...
Thai Airways has posted a first half 2015 net loss of THB 8,218 million. Its primary aviation business operating results incurred a net loss of THB 297 million – representing an improvement of 97% fro...
Jet Airways Group has announced a Q1 fiscal year 2016 profit and significantly improved performance for the quarter ending June 30, 2015 providing further evidence of the growing momentum of its three...
The Pakistani government has postponed plans to privatize Pakistan International Airlines’ (PIA) due to “legal obstacles in finalizing the transaction structure”. This is the second time the timeline ...
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