International Finance

Category : Aviation

AviationFeatured

Turkish Airlines places record order for up to 150 Boeing 737 MAX jets

International Finance Business Desk
The pact covers 100 Boeing 737-8 and options for a further 50 737 MAX jets. Turkish Airlines will also have substitution rights for the larger 737-10...
AviationFeatured

AirAsia does not need bailout, CEO Tony Fernandes says amid liquidity concerns

International Finance Business Desk
Fernandes said AirAsia was adept at managing cash and expected to raise more than USD 1 billion, mostly to refinance existing debt, by January 2027...
AviationFeatured

Malaysia engages rival airlines as rising jet fuel prices hammer AirAsia

International Finance Business Desk
AirAsia has been hit by soaring jet fuel costs, with the latter surging 66% in the Q2 from the prior quarter to an average of USD 183 a barrel...
AviationFeatured

AirBaltic files for Chapter 11 bankruptcy as Iran war drives up fuel costs

International Finance Business Desk
AirBaltic, known as Latvia's flagship carrier, now seeks to restructure its debt pile and survive the deepening sector-wide crisis...
AviationFeatured

Singapore Airlines to seek stronger governance in Air India before pumping fresh capital

International Finance Business Desk
The proposed conditions, to be negotiated with Tata Sons, could contain greater board voting power and asking the Indian carrier to narrow its losses...
AviationFeatured

Trump threatens Bombardier amid trade war with Canada, Republicans hit back

International Finance Business Desk
Trump said that the Canadian aviation giant won't be allowed to sell its planes in the US unless it started manufacturing in the country...
AviationFeatured

UK airlines, government challenge NATS after air traffic control failure

International Finance Business Desk
Ryanair, Europe's biggest airline, has called for NATS boss Martin Rolfe's removal, while citing his role in the system meltdown in August 2023...
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Premium push: American, Southwest announce packages for ‘higher-spending travellers’

International Finance Business Desk
American Airlines will be adding more premium seats to its Boeing 777-300ER widebody fleet, while retiring its first class on the aircraft...
AviationFeatured

Iran war: Chinese airlines sink deeper into losses as jet fuel prices bite

International Finance Business Desk
Air China, China Eastern Airlines, and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan (USD 1.22 billion)...