Vietnam International Bank enters aviation finance market
In its first aviation finance deal, Vietnam International Bank has closed a ten-year loan of $48million to Vietnam Airlines to finance one A321. ...
In its first aviation finance deal, Vietnam International Bank has closed a ten-year loan of $48million to Vietnam Airlines to finance one A321. ...
President of Bangkok Airways, Puttipong Prasarttong-Osoth, has confirmed that the airline will issue an initial public offering (IPO) next year. The 10 billion baht the airline hopes to raise will sup...
From 1 December 2012, Singapore Airlines customers will be able to fly to the Greek cities of Athens and Thessaloniki through a codeshare agreement with Star Alliance partner Aegean Airlines. Under th...
Indian Finance Minister P Chidambaram has suggested that the government may be open to tweaking FDI norms in the aviation sector to attract investment. He said: “What is there to tweak, we have allowe...
The Australian Transport Safety Bureau (ATSB) has determined that pilots on a Tiger Airways aircraft used incorrect altitude information and the airline had an inconsistent safety management system, w...
The UB Group, the promoter of Kingfisher Airlines, will infuse fresh funds into its grounded carrier from its own coffers and through a strategic international investor, according to press reports cit...
Air New Zealand has bought 49.1 million Virgin Australia shares to retain its ownership stake at 19.99%. The move was prompted by Singapore Airlines joining the shareholder register to buy a 10% stake...
Peter Gregg, former Qantas CFO, and venture capitalist Mark Carnegie have held discussions with unions and key investors as they try to put together a rival plan to challenge Qantas CEO, Alan Joyce, i...
Directorate General of Civil Aviation (DGCA) has issued Kingfisher Airlines with a show-cause notice asking why its flying license should not be suspended or cancelled as it had grounded its entire fl...
TransAsia Airways has appointed Xu Yi Cong as its chief commercial officer. He takes up his new position on effective 14 November, where he will be responsible for the airline's route network developm...
The transport minister Anthony Albanese has indicated that he will hold talks with Italy to seek improved traffic rights for Australian flag carriers. Currently, Australian carriers can offer 1000 cod...
GKN Aerospace and Shanghai Aircraft Manufacturing Company (SAMC) have revised their Memorandum of Understanding (MOU) and signed further agreements covering manufacturing development and intellectual ...
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