Air China has issued a $141 million Eximbond via special purpose company Phoenix 2012, which financed two new 777-300ERs. The bond, arranged by BNP Paribas and Citibank, attained the lowest coupon rat...
Air Deccan founder, G.R. Gopinath, and Indigo Partners have suspended talks to start a new low-cost airline in India following the passage of the FDI bill by the government allowing overseas carriers ...
Kingfisher Airlines is at risk of losing departure slots across the country due to the reduction in its fleet size. If the airline does not use its allocated slots during the winter period, the regula...
Although SpiceJet has ruled out any investment from a foreign airline, India’s second-largest low-fare airline by market share may still be in discussions with private equity firms in its search for f...
China Southern Airlines and Henan Civil Aviation Investment have agreed to launch a new joint-venture subsidiary, China Southern Henan Airlines. China Southern will invest CNY3.6 billion for a 60% sta...
Air New Zealand (ANZ) has announced plans to buy back its shares on the New Zealand and Australian stock exchanges as it believes its current share price is undervalued. The carrier will acquire up to...
Due to the continuing tension between China and Japan over a chain of disputed islands, All Nippon Airways (ANA) has confirmed that it has had 40,000 seat reservations cancelled on flights between Jap...
The India finance ministry has provided a sovereign guarantee to the bond issue of National Aviation Company (Nacil), which flies under the Air India brand. But it comes with string attached. The guar...
Korean Air has expanded its network to the Middle East with the announcement that a direct service between Korea and the Kingdom of Saudi Arabia, the largest Arab state in Western Asia, will begin on ...
Tomorrow airline unions in the Philippines will join the Philippine Airlines Employees Association (PALEA) “Global Day of Action against Outsourcing”. The September 27 action coincides with the annive...
Air Astana is poised to launch a direct air route to Vietnam. Air Astana President Peter Foster commented to reporters that Vietnam is a dynamic economy with a large population, with great air travel ...
IndiGo president Aditya Ghosh has publically stated that the airline has no plans to take on-board an overseas partner to expand its business. “We are not looking at any investment.. so it [the FDI ru...
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