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BANGKOK: Thai Airways International Pcl may permanently reduce the number of aircraft types it deploys once the coronavirus outbreak that has caused the company to ground most of its fleet ends, said a senior government official.
BANGKOK: Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht (US$491mil) bailout, the Bangkok Post reported.
AIRLINES are perpetually on the alert against crashes. That doesn’t mean the coronavirus epidemic will lead to any corporate disasters.
PETALING JAYA: AirAsia Group Bhd, which is selling its aircraft leasing business to BBAM Ltd Partnership, says the transfer of aircraft and aircraft engines under the deal has been completed except for five aircraft.
PETALING JAYA: Analysts remain positive on AirAsia Group Bhd’s de-gearing move as it proposes to dispose 25 aircraft for US$768mil (RM3.22bil), which will likely result in another round of special dividend.
SINGAPORE: US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800mil (RM3.33bil), sources said.
SINGAPORE: US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800mil (RM3.34bil), people familiar with the transaction said.