SIA Engineering Company (SIAEC) has completed the acquisition of 75% of the share capital of SR Technics Malaysia. Following completion of the acquisition, SR Technics Malaysia has become a subsidiary...
Malaysia Airlines has warned that a weaker ringgit against the US dollar is impacting the company's costs. The ringgit is around 4.3680 against the US dollar today. "We are cautious of potential downs...
Qantas has reported an improving operational picture for the airline group. The airline points to the strong demand for domestic across all categories. However, high fuel costs have required the grou...
Rex will cease services between Sydney and Canberra from next Monday (30 May). Rex launched Sydney-Canberra services in April last year, as part of an expansion of the airline’s regional and domestic ...
Qantas has acquired a majority shareholding in the Australian-made travel business, TripADeal. The stake allows Qantas Loyalty to immediately expand its exposure to the estimated $13 billion online pa...
Jet Airways is set to resume flights in September following its receipt of its Air Operator Certificate (AOC) from the civil aviation regulator. The airline has also now appointed four new senior exec...
Thai AirAsia X (TAAX) has filed for bankruptcy protection and the case has been accepted by a Thai bankruptcy court. TAAX is now the third airline in Thailand to file for bankruptcy, following Thai Ai...
China Aircraft Leasing Group (CALC) has entered into a sale-and-leaseback agreement with China Southern Airlines (CSA) for 10 Boeing 737-700 aircraft. The aircraft are scheduled to be delivered no lat...
The Commercial Aircraft Corporation of China (COMAC) has performed the first pre-delivery test flight of the C919 aircraft in Shanghai last weekend. The aircraft is equipped with CFM LEAP engines and ...
Higher fuel costs has caused Thai Airways International to post a net loss in the first three months of 2022 despite its rehabilitation efforts. Thai reported a net loss of 3.2 billion baht ($93 milli...
The International Air Transport Association (IATA) has urged Asia-Pacific states to further ease border measures to accelerate the region’s recovery from COVID-19. “Asia-Pacific is playing catch-up on...
MUFG Bank (MUFG) has appointed June Raj as Managing Director & Head of Origination, Asia Pacific Aviation, responsible for the strategic growth of the bank’s aviation financing portfolio in the region...
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