Azerbaijan Airlines has borrowed 650 million manats (approximately US$438 million) under a state guarantee to purchase new aircraft. The news was revealed in a statement by Azerbaijani Finance Ministe...
BOC Aviation will complete its global offering on 1 June 2016. The Global Offering offer total of 208,203,000S shares, comprising 104,101,500 Primary ‘New’ Shares and 104,101,500 Secondary ‘Sale’ Shar...
China Aircraft Leasing Group (CALC) has signed an US$195 million syndicated loan facility with a consortium of six financial institutions, marking its debut in the syndicated loan market. The oversubs...
As previously reported, Virgin Australia, has formally announced the agreement with HNA Group to form a strategic commercial alliance, which involves HNA buying a 13% stake in the Australian airline f...
MALAYSIA Airlines has appointed Izham Ismail as CEO of sister airline MASWings, effective July 1, when current CEO Ritzerwan Rashid retires. Izham is currently head of the operations programme manage...
Cathay Pacific’ is preparing to receive its first A350-900 from Airbus on Friday, 27 May. The aircraft will begin commercial operations on June 1 on its first service from Hong Kong to Manila, and sub...
New Chinese start-up carrier, Yunnan Hongtu Airlines, has begun operations with the launch of its Kunming-Nanchang on Saturday. The route was served by an A321 aircraft, with 203 passengers on board. ...
NokScoot, which is 49% owned by Singapore's no-frills Scoot Pte and 51% by SET-listed budget airline Nok Air, is aiming to break even by the end of this year, according to chief executive Piya Yodmani...
VietJet Aviation has finalized an order for 100 737 MAX 200 aircraft, the largest ever single commercial aircraft purchase in Vietnam aviation. His Excellency Mr. Trần Đại Quang, President of the Soci...
The Singapore Exchange (SGX) has asked jet fuel supplier China Aviation Oil to disclose any information or explanation for the unusual trading movements of its shares. As at 3.58pm today, shares of Ch...
The Malaysia Aviation Group (MAG) has been created to better manage Malaysian Airlines. MAG is a global aviation group with subsidiaries and equity investments organised into four distinct business se...
Singapore Airlines (SIA) has established a holding company to own and manage its budget airlines Scoot and Tiger Airways, following the delisting of Tiger Airways (which operates as Tigerair) from SGX...
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