HNA’s bid for Gategroup
Some 61.3% of Gategroup’sshareholders tendered their stock for the acquisition by HNA Group, which falls short of the required 67% buy-in. Nevertheless, analysts are predicting that HNA’s $1.4bn offer...
Some 61.3% of Gategroup’sshareholders tendered their stock for the acquisition by HNA Group, which falls short of the required 67% buy-in. Nevertheless, analysts are predicting that HNA’s $1.4bn offer...
Philippine Airlines (PAL) has it hired Morgan Stanley as financial consultant to assist with finding a financial or strategic airline investor. ...
China Southern Airlines has expanded its codeshare cooperation with Aeroflot, which has been in place since 2007. From July, Aeroflot will place its SU code on China Southern Airlines flights between ...
Cindy joins TP as AVP, Finance from NORD LB, where she was responsible for relationship management and credit risk analysis on a portfolio of clients in the Asia Pacific region. Prior to that, she wa...
A 242 tonne maximum take-off weight for high altitude airport operations A330-200 has been delivered to Tibet Airlines The aircraft is configured in a three-class cabin layout (12 business, 32 premium...
Philippine Airlines (PAL) has announced a 560% increase in net profit for 2015 with "comprehensive income" up at $134.42 million for the period from $20.38 in 2014, the airline said in a statement. Co...
The Board of Directors of Malaysia Aviation Group Berhad (MAG) today announced leadership changes at Malaysia Airlines Berhad (MAB), which will see current Group Managing Director (MD) and Chief Execu...
Hong Kong's Civil Aviation Department is investigating an incident by a Shenzhen Airlines flight, which narrowly missed the Big Buddha on Lantau Island as it attempted to land in Hong Kong Internation...
The Asian regional jet, the ARJ21-700, manufactured by Commercial Aircraft Corporation of China (COMAC), has performed its debut flight this week from Chengdu to Shanghai. The aircraft was operated by...
Chairman Ajay Singh has confirmed to Bloomberg that SpiceJet will dry-lease 11 737-800s and 737-900s to cover the peak summer months. “(Wet-lease planes) are more expensive than the dry-lease ones. Th...
The Vietnamese Ministry of Transport has outlined proposed revisions to local legislation governing airline start-up minimum capitalization requirements. Under the existing Decree 30, a start-up opera...
Srilankan Airlines, yesterday announced that it will be suspending flights to Paris and Frankfurt from October and November this year. The last flights between Frankfurt and Colombo will be operated o...
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