ALAFCO will finance two Boeing 777-300ER aircraft for Garuda Indonesia through a sale and lease back transaction. The aircraft will be delivered from Boeing in June 2013 and July 2013. This is the fir...
Garuda Indonesia and Indonesia AirAsia (IAA) both plan to increase flights from Medan, to connect the North Sumatra’s capital city with major and secondary cities in the country and major tourist dest...
This week the board of Jet Airways, India’s second-largest airline by passengers carried, is set to consider and approve the proposal for selling a 24% stake to Etihad Airways for more than $300 milli...
THAI Board of Directors has stated that the proposal for the creation of the Thai Airways International subsidiary, THAI Smile Airways, has been sent to the Office of the Permanent Secretary of the Mi...
Singapore Airlines has agreed to acquire another 9.9% of Virgin Australia in a move that will increase its stake to 19.9%. The strategic stake will be acquired through the purchase of shares held by t...
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Virgin Australia Holdings Limited (Virgin Australia) of 60% of Tiger Airways...
Qantas has issued A$125 million in unsecured fixed rate notes, maturing in April 2020. The notes are priced at 295basis points over the seven year swap rate. Settlement of the transaction is expected ...
Tony Fernandes has announced via Twitter that the Board of AirAsia India has appointed a CEO. "The board of Airasia India has approved and appointed a Ceo for Airasia India. He will be a revelation. T...
The New Zealand High Court has ordered three further airlines to pay a combined total of $9.6 million in penalties for their role in the air cargo cartel case brought by the Commerce Commission. This ...
The Airports Authority of India (AAI), the Government’s Service Tax Department and the airline’s consortium of banks are insisting that the airline clears its dues before the airline is given permis...
Banks will continue to sell pledged shares of Kingfisher airline and invoke all other securities till they get back the dues, Chairman Pratip Chaudhuri said today. "We have given instructions to recov...
Sri Lanka has opened its second international airport, Mattala Rajapaska International Airport. Sri Lankan Airlines is one of the first carriers to commit to operating there. The airport was construc...
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