AviationWeak yuan, trade war uncertainty to hit top three Chinese airlinesInternational Finance DeskSeptember 3, 2019December 23, 2019 by International Finance DeskSeptember 3, 2019December 23, 2019 China Southern, Air China, and China Eastern airlines face falling profits with slower passenger demand... Read more
AviationQatar Airways unveils new flight routes to MalaysiaInternational Finance DeskAugust 29, 2019December 23, 2019 by International Finance DeskAugust 29, 2019December 23, 2019 Langkawi is set to be the third destination in Malaysia that Qatar Airways will operate in after Kuala Lumpur and Penang... Read more
AviationAirlines to seek compensation from Malaysian airport operatorInternational Finance DeskAugust 28, 2019December 23, 2019 by International Finance DeskAugust 28, 2019December 23, 2019 Four days of disruptions and delays lead to million ringgit losses for the airline industry... Read more
AviationUganda 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
AviationVietjet 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
AviationBrazil’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
AviationRunway 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
AviationCathay 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
AviationNumber 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
AviationSaudi 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