PAL seeks to invest in foreign carrier
After winning $500m investment from San Miguel Corp, Philippine Airlines (PAL) has confirmed that is in talks to invest in a foreign carrier to help its expansion goals. PAL, which will be repositione...
After winning $500m investment from San Miguel Corp, Philippine Airlines (PAL) has confirmed that is in talks to invest in a foreign carrier to help its expansion goals. PAL, which will be repositione...
Plan to lease eight Airbus planes, totalling $1.67b could be finalised soon Kuala Lumpur Malaysia Airlines said yesterday its 2.5 billion ringgit ($785 million) Islamic bond has been fully sold, allow...
The bond issuance by Germany today should be of interest to anyone dealing in aircraft and/or engines – for Germany has set a zero per cent coupon on its €5bn two-year bond auction which is selling ...
The US dollar came under renewed pressure yesterday as the ISM Non-manufacturing survey finished below the bottom of the consensus range at 53.5. As a result ETF trading levels were high with the Gugg...
Credit Agricole – Corporate Investment Bank (CA-CIB) has closed successfully a new export credit facility for Air France in relation to the financing of the airline’s seventh A380 (msn 99, reg. F-HPJH...
After holding the 40% of shares on their books since last year, underwriters of PT Garuda Indonesia initial public offering have finally sold the stock. Indonesian airline, PT Trans Airways, will bu...
JetBlue Airways has posted net income for the first quarter of this year of $30 million for the first quarter – a rise of $27million on the same quarter last year. Operating expenses, including a 22...
Stephan Gemkow, chief financial officer of Lufthansa, has unexpectedly quit after 22 years of service at the airline and six years as CFO. ...
Philippine Airlines has announced plans to order at least 100 new aircraft and resume flights to Europe and increase services to the USA. The carrier’s two main owners will provide $1bn to help fund ...
As reported last week, the privatization of Kuwait Airways is inching closer, however analysts seem to have written off the deal before it has been launched. Aviation analysts claim that investors are...
The Business Travel Coalition (BTC) has asked the US Department of Transportation (DOT) to study the consequences of recent airline mergers in light of US Airways' (US) public announcement that it is ...
Zane Rowe, chief financial officer of United Airlines, is leaving the airline to take a job at Apple as one of its vice presidents of sales. Zane Rowe had been CFO at Continental from 2008 before thos...
We're Social