Jetstar Japan takes flight
The new low-cost subsidiary from Qantas Jetstar Japan has launched operations with a flight from Tokyo Narita for the regional center of Sapporo on the morning of July 3. “With Jetstar we have develop...
The new low-cost subsidiary from Qantas Jetstar Japan has launched operations with a flight from Tokyo Narita for the regional center of Sapporo on the morning of July 3. “With Jetstar we have develop...
Japan's All Nippon Airways (ANA) will issue new shares worth over 200 billion yen ($2.5 billion) later this month. The sale's offering price will be set between July 18 and 20. Proceeds will be used t...
ICICI Bank has sold its entire Rs 430-crore debt exposure in Kingfisher Airlines (KFA) to a debt fund of Srei Venture Capital (SVCL), the fund management arm of Kolkata-based Srei Infrastructure Finan...
AerCap Holdings and AerDragon, its Chinese joint venture, have signed purchase agreements for five new A330-300s which will be leased to Singapore Airlines. AerCap will lease four of the aircraft and ...
The Chinese government has cut domestic jet fuel prices by 9% to CNY 6,724 ($1,064) per ton and prices are now 12% down on last year. ICICI Bank has managed to offload its US$99m (430 crore) exposure ...
The Agricultural Bank of China (ABC) Financial Leasing Company has placed an order for 45 C919s. ABC Financial Leasing Co. is expanding its fleet size to meet growing demand for the air travel in the ...
A global outage of the travel transaction processor software Amadeus disrupting flights around Australia as staff were forced to check in passengers manually. The outage also led to a small number of ...
Cathay Pacific Airways has ruled out launching a low-cost subsidiary to better compete with its rivals. In an interview with the Financial Times, Chief executive John Slosar said Cathay had not lost g...
Three airlines: Philippine Airlines, Tiger Asia and Hainan Air, have informally raised interest in the low-cost regional carrier Zest Air. However, chairman of Zest Air Donald Dee has declared that th...
SriLankan Airlines has secured a $175m structured Islamic facility. The four-year loan subscribed in US dollars and UAE dirhams was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Mashreq's Islamic...
Virgin Group, which owns Virgin Atlantic Airways, has confirmed that it has sold its 10% stake in AirAsia X to existing shareholders. “Virgin Group has a large number of new and exciting investment op...
Kingfisher Airlines is this week facing fresh renewed pressure from lenders and other companies with whom it finds itself indebted to. The difference this week from others before it is that lenders ar...
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