Jeju Air to acquire majority stake in rival Eastar Jet for $45.6 mn
The acquisition marks the latest restructuring efforts in South Korea’s aviation industry...
Tag : Southeast Asian aviation
Singapore Airlines and Japan’s ANA sign deal to improve connectivity
The deal will also focus on flights between Japan and Singapore, Malaysia, Indonesia, India and Australia...
AirAsia X’s passenger capacity increases by 8% in Q4
The carrier transported around 1.61 million passengers in the final three months of 2019...
Investors reportedly show interest to buy beleaguered Malaysia Airlines
Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities...
Hong Kong Airlines capital runs low, may lose licence
Authorities ask the carrier to raise more cash or risk losing its business...
AirAsia expands market share despite loss
AirAsia’s market share in Malaysia increased by 3% y-o-y to 60%...
Vietnam’s Bamboo Airways targets $1bn MCap in IPO
The airline will list 400 mn shares either in the Ho Chi Minh City Stock Exchange or Hanoi Stock Exchange...
AirAsia using AI, IoT to cut carbon footprint, boost savings
AirAsia pre-installs its planes with over 1,000 IoT sensors to capture real time data...
Air China has no agenda to acquire Cathay Pacific
Analysts believe that it would be a logical move for Air China to acquire the remainder of Cathay in future...
Weak yuan, trade war uncertainty to hit top three Chinese airlines
China Southern, Air China, and China Eastern airlines face falling profits with slower passenger demand...