Vietnam Airlines to offer 5% equity stake
Vietnam Airlines is set to offer a 5% equity stake to public investors during its IPO scheduled for November of this year.Vietnam Airlines president and chief executive, Pham Ngoc Minh, told local med...
Vietnam Airlines is set to offer a 5% equity stake to public investors during its IPO scheduled for November of this year.Vietnam Airlines president and chief executive, Pham Ngoc Minh, told local med...
Hong Kong Airlines will apply for listing approval from the Hong Kong Stock Exchange for a US$500 million IPO that would be the city's first dual-currency public offering.The airline plans to submit a...
China Eastern has posted a 97.7% drop in net profit during the first half of 2014. Its net profit of CNY14 million ($2.3 million) was made on revenue of CNY42.59bn in the first six months, up 2.68% fr...
Qantas Group has amended its fleet and network strategy for the upcoming financial year following the recent announcement of an annual net loss of AUD2.84bn (USD2.6bn).Among Qantas Group's decisions i...
The United Bank of India has ruled the grounded Kingfisher Airlines and chairman Vijay Mallya as “wilful defaulters”.Deepak Narang, executive director of UBI, said: "We have declared Kingfisher Airlin...
Atlas Air has announced that it will operate four additional B767-200Fs owned by DHL on its North American network.Atlas already operates another five B767-200Fs and two B767-300Fs on behalf of DHL Ex...
American Airlines has returned its flight schedules and fares to website operator Orbitz Worldwide after the carrier and the online reservation service reached a contract agreement. The return follows...
Ugandan Speaker of Parliament Rebecca Kadaga has accused the country’s government of failing to encourage development of Uganda’s tourism industry by allowing it to go without a national airline.Kadag...
African LCC fastjet has announced it is launching flights between Dar es Salaam and Entebbe, Uganda.Entebbe is fastjet's fourth international destination and the new route will be the only direct air ...
Air Seychelles and Hong Kong Airlines have signed a codeshare agreement that will see Air Seychelles placing its ‘HM’ code on Hong Kong Airlines’ flights between Hong Kong and Bangkok. In return, Hong...
Emirates has stated it is prepared to order more A380s if Airbus updates the aircraft with a new engine.Emirates is the world's largest operator of the A380 with 51 currently flying, and a further 89 ...
The Icelandic Meteorological Office has re-raised its alert status for the risk of atmospheric contamination by volcanic ash, after lowering the status of its previously issued alert during August.The...
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