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
Government announces nationalisation of Kenya AirwaysInternational Finance DeskJuly 26, 2019December 23, 2019 by International Finance DeskJuly 26, 2019December 23, 2019 Kenya Airways, which is operating under huge debts, to be nationalized in a 2-year plan.... Read more
Morgan Stanley to explore performance strategy for Malaysia AirlinesInternational Finance DeskJuly 23, 2019December 23, 2019 by International Finance DeskJuly 23, 2019December 23, 2019 Khazanah has invested RM6 billion in the airline’s business in an effort to see profits in three years... Read more
Dubai Airports’ solar energy project is the region’s largest installationInternational Finance DeskJuly 17, 2019December 23, 2019 by International Finance DeskJuly 17, 2019December 23, 2019 The project in collaboration with Etihad ESCO is anticipated to lower annual carbon emissions by 3,243 metric tonnes... Read more
Qatar Airways signs multiple aircraft deals in Washington worth $5 bnInternational Finance DeskJuly 11, 2019December 23, 2019 by International Finance DeskJuly 11, 2019December 23, 2019 The national carrier agreed to purchase five Boeing 777 freighters and large-cabin aircraft... Read more
Vingroup’s Vinpearl Air to enter Vietnam’s aviation marketInternational Finance DeskJuly 11, 2019December 23, 2019 by International Finance DeskJuly 11, 2019December 23, 2019 The airline will fly on international routes and will have more than 30 aircraft... Read more
Turkish Airlines, Kuwait Airways codeshare deal to boost travel optionsInternational Finance DeskJuly 10, 2019December 23, 2019 by International Finance DeskJuly 10, 2019December 23, 2019 Turkish Airlines has decided to temporarily replace its 12 grounded Boeing aircraft with 12 737-800s from AnadoluJet... Read more
Saudi’s flyadeal replaces Boeing 737 MAX order with Airbus fleetInternational Finance DeskJuly 8, 2019December 23, 2019 by International Finance DeskJuly 8, 2019December 23, 2019 The order will result in flyadeal operating an all-Airbus A320 fleet in the future, the company said... Read more