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Business 30 May 2009 | 12:00 AM

AirAsia Q2 passenger traffic may jump 21%

KUALA LUMPUR: AirAsia Bhd said second-quarter passenger traffic is headed for a 21% jump, matching last quarter's increase as budget-conscious travelers look for cheap air fares.

Business 03 Mar 2011 | 12:00 AM

IATA: Global airline profits may halve

GENEVA: Global airline net profits will halve this year as rising costs, especially oil prices, offset increasing demand, industry body International Air Transport Association (IATA) said Wednesday.

Business 27 Oct 2012 | 12:00 AM

Leo Burnett, Arc Malaysia appoint Kay managing director

LEO Burnett Malaysia and its sister division, Arc Worldwide, have appointed Robert Kay as its new managing director.

Business 20 Sep 2012 | 12:00 AM

RAM chooses 9 Malaysian companies among Aseans top 20

PETALING JAYA:b/b>RAM Ratings has selected nine Malaysian companies among 20 Asean peers in ten different industries primarily based on their market capitalisation and revenue as the region's leading companies. The local companies chosen were Axiata Group Bhd, DiGi.Com Bhd, Genting Bhd, IOI Corp Bhd, Kuala Lumpur Kepong Bhd, Maxis Bhd, Petronas Chemicals Group Bhd, Sime Darby Bhd and Tenaga Nasional Bhd.

Business 28 Aug 2012 | 12:00 AM

Virgin Australia returns to profit

SYDNEY: Australian budget carrier Virgin posted a full-year profit of Aus$22.8 million (US$23.6 million) Tuesday, climbing back into the black after picking up business-class passengers from rival Qantas.

Business 21 Aug 2007 | 12:00 AM

Virgin Atlantic may be sold to investors

Virgin Atlantic Airways Ltd, the UK airline controlled by billionaire Richard Branson, may be sold to investors.

Business 07 Dec 2005 | 12:00 AM

Emirates to double KL-Dubai flights

EMIRATES Airline plans to double its Kuala Lumpur-Dubai services from eight flights weekly in the next four years to cater to increasing demand for the route.

Business 17 Dec 2005 | 12:00 AM

News in brief

Morgan Stanley, the world's second biggest securities firm by market value, gave acting-president Zoe Cruz a year-end stock bonus of almost US$14mil. Neal Shear, co-head of institutional sales and trading, received US$16mil.

Business 05 Nov 2005 | 12:00 AM

Jetstar to go international

Qantas Airways Ltd, Australia's biggest airline, will start flying its domestic discount carrier Jetstar on international routes to recover market share, the unit's chief executive Alan Joyce said.

Business 02 Dec 2005 | 12:00 AM

Cathay Pacific places biggest aircraft order of US$4.6bil

Cathay Pacific Airways Ltd, Hong Kong's largest carrier, said it will buy or lease 19 Boeing Co and Airbus SAS aircraft valued at US$4.6bil, in its biggest single order of planes that can carry more than 300 people each.