Uganda Airlines resume operations after two decadesInternational Finance DeskAugust 28, 2019December 23, 2019 by International Finance DeskAugust 28, 2019December 23, 2019 For now, it will fly to seven regional destinations in Kenya, Tanzania, Somalia, South Sudan and Burundi... Read more
Vietjet to launch operations in India, offers ticket price at Rs 9International Finance DeskAugust 22, 2019 by International Finance DeskAugust 22, 2019 The carrier will operate two direct flights from Ho Chi Minh City and Hanoi to New Delhi starting from December... Read more
Brazil’s Azul mounts challenge to rivals with 17 Sao Paulo-Rio flightsInternational Finance DeskAugust 13, 2019March 18, 2020 by International Finance DeskAugust 13, 2019March 18, 2020 The decision comes after Avianca Brazil ceased to operate due to bankruptcy... Read more
Runway closure: Dubai airport passenger traffic falls 5.6%International Finance DeskAugust 12, 2019March 18, 2020 by International Finance DeskAugust 12, 2019March 18, 2020 The southern runway of the airport had been closed for 45 days from April 16 to May 30... Read more
Cathay Pacific’s China market under threat over protestsInternational Finance DeskAugust 12, 2019March 18, 2020 by International Finance DeskAugust 12, 2019March 18, 2020 The airline has been ordered to suspend its crew members who took part in protests organised against China... Read more
Number of flights on South Korea UAE sector not to be increasedInternational Finance DeskAugust 9, 2019March 18, 2020 by International Finance DeskAugust 9, 2019March 18, 2020 UAE had asked South Korea to double the number of flight services on the Incheon- UAE route... Read more
Saudi Airlines Catering net profit drops 8.27% to SR220.6 mn in H1International Finance Business DeskAugust 7, 2019 by International Finance Business DeskAugust 7, 2019 The company attributed the decline in net profits to the adoption of IFRS 16 from January... Read more
Singapore Airlines reports decline in profit by 21% for Q1International Finance DeskAugust 2, 2019 by International Finance DeskAugust 2, 2019 The net profit calculated for the first quarter of the year reportedly fell from S$120 mn a year ago to S$111 mn... Read more
Tour operator Vietravel to raise $30 mn in bonds to launch airlineInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 The tour operator plans to issue non-convertible bonds to raise funds for the establishment of Vietravel Airlines... Read more
San Miguel to build and operate Philippines’ largest airportInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 The proposed Bulacan International Airport project is worth $14.47 billion, with a 100 million passenger capacity annually... Read more