Jet reworks profitability plan
Reports are emerging that Jet Airways is re-working comprehensive profitability plan sought by Etihad Airways, which now owns 24% of the Indian airline. The plan is being reworked following the announ...
Reports are emerging that Jet Airways is re-working comprehensive profitability plan sought by Etihad Airways, which now owns 24% of the Indian airline. The plan is being reworked following the announ...
Shares in Malaysian Airline System (MAS) have declined following its quarterly losses announcement due to the disappearance of flight MH370. In April, before the losses were announced, Prime Minister...
The Civil Aviation Administration of Vietnam (CAAV) has requested that Air Mekong, which suspended services for restructuring in March 2013, must present its new operation plans by the end of this yea...
A new airport is planned in Daxing, which will serve Beijing, Tianjin and Hebei. Construction is expected to start before July, with an estimate opening date of 2018. The new airport will serve an ann...
Air India has issued a RFP to Indian companies to insure its 105-aircraft fleet, which is worth US$9bn. The Finance Ministry has confirmed that there will be no purchase preference support given to pu...
Thailand’s low-cost carrier Nok Air has reported a 90.2% slide in first-quarter profit to THB40.9 million ($1.25 million) compared to the year-ago period. More domestic competition from carriers such ...
Indian carriers have changed their pricing strategy, with more flash sales in advance of the expected tough competition from new entrant AirAsia, which is promising fares that are 35% cheaper. SpiceJe...
AirAsia has closed the commercial financing of one A320-200 bearing MSN 6088. CA-CIB acted as Mandated Lead Arranger, Security Trustee and Facility Agent. Cathay United Bank, DBS and Helaba joined the...
Thai AirAsia X is offering a fly-through service via Don Mueang International Airport in Bangkok in a bid to attract long-haul passengers to South Korea and Japan who previously made the transit via K...
National carrier Malaysia Airlines (MAS) is reported to be considering selling MAS Engineering in a bid to return to profitability. By spinning off the business, the airline can focus on rescuing its ...
Thai Airways International is planning to raise up to Bt40 billion ($1.23 billion) through debentures or debt securities after the airline’s shareholders approved the motion at its annual general meet...
Nazri Aziz, the Malaysian Tourism and Culture Minister has stated that Malaysia Airlines (MAS) will not be given any more financial support by the government and that the transport ministry has been t...
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