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Thai court looks into lawsuit against owner of Leicester City

BANGKOK (Reuters) - A Thai criminal court on Monday said it would proceed to determine whether it would hear a case in a 14 billion baht ($423 million) lawsuit brought against Thai duty-free giant King Power International, the company that owns English Premier League football club Leicester City.

Business Premium

Will there be an AirAsia deal on food with SATS?

THE AirAsia Bhd special dividend story is one that has been anticipated for sometime as the group looked to raise cash from the sale of non-core assets.

Business

Fernandes: Non-core assets sale to fund special dividends

He says the stakes are in food, engineering and duty-free businesses

Business

AirAsia, Singapore’s SATS form ground handling partnership

KUALA LUMPUR: AirAsia Bhd is entering into a ground handling services joint venture with Singapore-listed ground handling and in-flight catering services provider SATS Ltd with the aim of growing the operations across the Asean region.

Business

AirAsia X could swap entire 66-jet Airbus A330neo order to A350s

LONDON: AirAsia X Bhd, the long-haul arm of the region’s biggest budget carrier, is looking at swapping an order for 66 Airbus SE A330neo widebody jets to larger A350s in a bid to boost capacity on its busiest routes.

Business

AirAsia X may convert A330neo order to larger A350 jets

LONDON: AirAsia X Bhd, the long-haul arm of the region’s biggest budget carrier, is looking at swapping an order for 66 Airbus SE A330neo widebody jets to larger A350s in a bid to boost capacity on its busiest routes.

Business

Thai air safety upgrade opens up growing markets

BANGKOK: Thai airlines can now add flights to the growing China, South Korea and Japan markets after the UN International Civil Aviation Organization removed a red flag against Thailand over safety concerns, officials said.

Business

Aviation red flag removed against Thailand, airline shares jump

BANGKOK: The UN International Civil Aviation Organization has removed a red flag against Thailand over safety concerns, the Civil Aviation Authority of Thailand said on Monday, sending shares in Thai airlines sharply higher.

Business

Kenanga Research retains overweight on aviation sector

KUALA LUMPUR: Kenanga Investment Bank Research maintained its overweight rating on the aviation sector on the back of AirAsia’s high passenger load factors driven by stronger travel demand and additional capacities coupled with the sale of their leasing arm Asia Aviation Capital.

Business

AirAsia CEO says leasing unit sale is 'imminent'

MONTREAL: AirAsia Bhd chief executive Tan Sri Tony Fernandes said on Thursday that the Malaysia-based carrier's expected sale of its leasing unit to a South Korean group was "imminent," with no roadblocks to the transaction.