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KUALA LUMPUR: Any additional funding for Malaysia Airlines Bhd from Khazanah Nasional Bhd will be based on its proposal, says Khazanah chief executive officer Datuk Seri Shahril Ridza Ridzuan.
HANOI: Vietnamese airlines will be able to fly to the United States and codeshare with American carriers after the US Federal Aviation Administration declared the South-East Asian country complies with international safety standards.
Lenders to Jet Airways propose bailout
JAKARTA: Indonesia’s national flag carrier Garuda has slashed ticket prices by 20 percent, the company said on Thursday, following a public outcry over high fares and a call by the country’s president for airlines to offer cheaper tickets.
NEW DELHI: Lenders to Jet Airways India Ltd. proposed a bailout of the beleaguered carrier, potentially paving the way for a revival of the airline that was on the verge of collapse.
KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 a share as it expects crude oil prices to climb while higher airport charges may hurt demand
TOULOUSE: Airbus SE chief executive officer Tom Enders scrapped the company’s totemic but unprofitable A380 jet and booked more than €1.1bil (US$1.2bil) in charges to leave a clean slate for his successor.
TOULOUSE (Reuters): Loved by passengers, feared by accountants, the world's largest airliner has run out of runway after Airbus decided to end A380 production after 12 years in service due to weak sales.
TOULOUSE: Airbus lifted the lid on one of the aircraft industry’s worst-kept secrets on Thursday, revealing the scale of average discounts in the cut-throat global jet market.
KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 as it expects crude oil prices to climb while higher airport charges may hurt demand.