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SINGAPORE: Merlin Swire, the scion of the UK family that controls Cathay Pacific Airways Ltd, is running out of concessions to offer after his employees angered China by joining the anti-Beijing protests in Hong Kong.
SINGAPORE: For more than half a century, Cathay Pacific Airways Ltd has been Hong Kong’s gateway to the world, its mix of British heritage and Asian high-altitude luxury bridging the city’s colonial past with its Chinese location. But it’s that unique cultural blend that has ensnared the carrier in an increasingly out-of-control political uprising sweeping through the streets.
SINGAPORE: Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.
MUMBAI: Jet Airways shares sank 34 percent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said they are "reasonably hopeful" the bidding process for the grounded Indian airline will end successfully.
Every three to four years or so, Malaysia Airlines Bhd takes centrestage, and often, it is for the wrong reasons.
NEW DELHI: A rescue of beleaguered Jet Airways brokered by the Indian government is unlikely to end the pain of local airlines that are struggling to make money in one of the toughest markets, according to analysts.
Airline dragged down by oil hedging losses and rising fuel prices
SINGAPORE: You think of airshows, you think plane orders. At the Singapore Airshow this week, the total value of commercial jet orders: Zero.
SLUGGISH loan growth was a major drag on banks’ performance last year.
Plane manufacturers racing to develop computers to fly planes