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MAHB May passenger growth in line with expectations

KUALA LUMPUR: Kenanga Research maintained market perform on Malaysia Airports Holdings Bhd with an unchanged target price of RM8.60 as its 5M18 passenger growth of 4.3% on year was deemed in line with forecast.

Swire in second attempt to take Haeco private

HONG KONG: Swire Pacific Ltd is making a second attempt to take maintenance unit Hong Kong Aircraft Engineering Co Ltd (Haeco) private, offering minority investors a 64% premium to its last closing price in a US$380mil deal.

Singapore Inc’s overpriced ticket to Hainan

IS there any valuation at which Temasek Holdings Pte could buy into Hainan Airlines Holding Co at a decent price? Considering the indebtedness of China’s most highly rated carrier, it’s hard to think of one.

High price: A Hainan Airlines aircraft on the tarmac at the airport in Beijing, One crucial advantage of a deal could be a seat at the table of China’s domestic aviation market. — Reuters

Hainan Air seeks to sell stake to Temasek in corporate exercise

BEIJING: Hainan Airlines Holding Co is seeking to sell shares listed in Shanghai to investors including a unit of Singapore’s sovereign investment fund Temasek Holdings Pte, according to a statement to the stock exchange on Saturday.

AirAsia celebrates the determination and dreams of Malaysians

IN the months of May and June, AirAsia launched two advertising campaigns; one for Ramadan with “AirAsia Ramadan 2018: Ikhlas” wishing Muslims a blessed Ramadan and the other to celebrate Kaamatan and Gawai Harvest Festivals in Sabah and Sarawak.

Cutout scene: A scene from AirAsia’s Ramadan campaign.

Malaysia Airlines records improved yields in 1Q18

SEPANG: Malaysia Airlines Bhd (MAB), which has been focusing on its yields, has reported a year-on-year yield (YoY) improvement of 6.6% in the first quarter ended March 31 despite the significant competition in both international and domestic sectors.

AirAsia offers Balik Raya late night flights at fixed low fares

SEPANG: AirAsia Group Bhd is offering a special ‘Balik Raya’ late night flights to accommodate travel demand during the upcoming Hari Raya Aidilfitri period, in line with the Government’s announcement of over 400 additional flights.

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