Thai plans Bt40 billion debt issuance
Thai Airways International is planning to raise up to Bt40 billion ($1.23 billion) through debentures or debt securities after the airline’s shareholders approved the motion at its annual general meet...
Thai Airways International is planning to raise up to Bt40 billion ($1.23 billion) through debentures or debt securities after the airline’s shareholders approved the motion at its annual general meet...
Nazri Aziz, the Malaysian Tourism and Culture Minister has stated that Malaysia Airlines (MAS) will not be given any more financial support by the government and that the transport ministry has been t...
FIJI Airways has reduced its Fiji National Provident Fund loan amount from $181.2m to $121.2 and has also made early repayments to the financial institution. Fiji Airways' ability to raise money from ...
Lenders’ attempts to recover some Rs 6,000 crore from Kingfisher Airlines have confirmed that no serious bids for the carrier’s trademarks have come forward. An executive from a public sector bank sai...
The Malaysian government has confirmed that it will not support Malaysia Airlines, with a capital injection. Speaking in Dubai on Tuesday, Mohammad Nazri Abdul Aziz, Minister of Tourism and Culture, s...
Air France Industries KLM Engineering & Maintenance and Garuda Maintenance Facility AeroAsia (GMF), a leading supplier of MRO services in South East Asia, have signed component maintenance contracts e...
Boeing has announced Xiamen Airlines has selected Boeing’s Airplane Health Management (AHM) system to enhance efficiency in its maintenance and engineering operations. The agreement includes implement...
Royal Brunei Airlines (RB) has signed a contract with Airbus covering the firm order of seven A320neo aircraft plus three options, under the latest phase of its fleet modernisation programme. Featurin...
All Nippon Airways parent ANA Holdings has posted a 56.2% decline in net income to ¥18.8 billion ($183 million) for the full 2013 financial year ended March 31, 2014. The group cited the weakness of t...
Japan Airlines (JAL) has posted a 5.4% decline in net income to ¥166.2 billion ($1.62 billion) for the financial year to March 31, 2014. Like its rivals, JAL suffered from a weak yen, high fuel costs,...
Garuda Indonesia has posted a net loss of $163.9 million for the three months ended March, compared with a loss of $33.75 million in the year-ago period. The airline has suffered from intense competit...
THAI AIRWAYS International is seeking a new chief financial officer from outside of the company to replace Wasukarn Visansawatdi. The hope is a professional CFO from elsewhere can help to turn the air...
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