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More funding for MAS based on its proposal, Khazanah says


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.

Vietnamese airlines get access to US market

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.

Indian airline close to getting a lifeline

Lenders to Jet Airways propose bailout

Indonesia’s Garuda cuts air ticket prices under govt pressure

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.

 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.

Indian airline on verge of collapse close to getting lifeline

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.

Research house lowers AirAsia target price

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

Higher oil price, airport charges expected to weigh on budget airline

Airbus is clearing the books for its new CEO

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.

Positive outlook: A new Airbus A380 airliner leaves the paintshop hangar at an Airbus facility near Hamburg. An analyst says the 2019 outlook is above consensus and made Airbus the ‘favourite in waiting’ among European capital goods stocks. — Reuters

Weak sales push Airbus to end A380 production after 12 years

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.

How much is a jet worth? Half price, Airbus figures show

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.

CIMB Research lowers AirAsia TP to RM1.82 on higher oil price, airport charges

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.