AirAsia has sold 25 aircraft to Castlelake for $768 million, which the company hopes will free up cash for its digital business plans. AirAsia Group CEO Tan Sri Tony Fernandes tweeted a statement, whi...
Ana Holdings is set to issue a social bond worth $44 million, supported by SMBC Nikko Securities, in May 2019. The bond is set to back the company’s values through a financial method designed to incen...
Singapore Technologies Engineering (ST Engineering) has completed the transaction of MRA Systems for $506m in cash. MRA Systems is now an indirect wholly-owned subsidiary of ST Engineering, whose aer...
Air Mauritius has taken delivery of its first A330-900, on lease from ALC. The aircraft, named Aapravasi Ghat in reference to Mauritius’ history, will feature a two-class cabin with 28 business class ...
Hong Kong Airlines (HKA) has appointed ex-director Zhong Guosong as its new chairman as a move intended to turn around the company's fortunes. Guosong will hold around 27% of the company, while Chines...
After the consortium of Indian lenders, led by the State Bank of India (SBI), refused to provide critical interim funding, Jet Airways suspended all flights yesterday. The airline said that it is unab...
Solomon Airlines has selected StandardAero to continue supporting the Pratt & Whitney Canada PW120A engines powering its Dash 8-100 regional turboprop fleet. Under the multi-year follow-on agreement, ...
Etihad Airways, National Investment and Infrastructure Fund (NIIF), TPG Capital and Indigo Partners have been chosen as qualified bidders for Jet Airways, say media reports, which added that Naresh Go...
Atran Airlines has launched a new route linking Xi'an, China, with Moscow, Russia. The first flight was operated by one of Atran’s Boeing 737-400SF aircraft with further plans for Boeing 737-800BCF de...
New Zealand carrier, Air Chathams, has chosen Rusada’s software ENVISION as its information management solution. Air Chathams operates regional passenger and cargo services between the Chatham Islands...
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed a component support contract with Virgin Australia Airlines for the carrier's five-strong fleet of Boeing 777-300ERs. The a...
The BSE has sought clarification from Jet Airways on an article on CNBC TV18 this morning that stated that the airline was “likely to temporarily shut down its operations” after it failed to secure em...
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