AirAsia X Plans Capital Raising Following Exit from PN17 Status
AirAsia X (D7), the long-haul low-cost carrier, is considering raising fresh capital after successfully exiting Bursa Malaysia PN17 status. CEO… Read More »
Pakistan’s PIA Nears Resolution in A320 Lease Dispute with $26 Million Payment
In a significant development, Pakistan International Airlines (PIA) is on the verge of settling a prolonged dispute with Asia Aviation… Read More »
Fly Jinnah Gains Government Approval for International Operations in Pakistan
Fly Jinnah (9P), based at Karachi International, has received the green light from the Pakistani government to commence scheduled international… Read More »
Capital A Eyes $1 Billion Raise in Ambitious Plan for AirAsia and Beyond
Malaysia’s investment holding company, Capital A, led by CEO Tony Fernandes, is reportedly set to embark on a substantial fundraising… Read More »
Pakistan’s PIA A320 Lease Dispute Resolution: ECC Approves PKR 8 Billion Financing
In a significant breakthrough, Pakistan’s Economic Coordination Committee (ECC) has reportedly given the green light for bridging finance of PKR… Read More »
PIA Takes Action to Resolve A320 Lease Dispute and Financial Challenges
Pakistan International Airlines (PIA) is actively addressing a longstanding dispute with a lessor that has left two A320-200 aircraft grounded… Read More »
Air India Express Poised for Rapid Growth Through Merger with AirAsia India and Fleet Expansion
Air India Express (IX) is set to undergo a significant expansion following its anticipated merger with fellow budget carrier AirAsia… Read More »
Embraer Commercial Aviation Achieves Remarkable 57% Revenue Growth in Q2 2023
Embraer has revealed the latest financial earnings results for its second quarter of 2023, which show a significant uptick in… Read More »