AirAsia to raise up to $244mn in rights issue
AirAsia Group has revealed plans to raise up to MYR1.024 billion ringgit (USD244 million) through a renounceable rights issue, with… Read More »
Cash-rich Singapore Airlines positioned for regional dominance as rivals pull back
Singapore Airlines (SIA), flush with $16 billion raised since the start of the pandemic thanks to help from a state… Read More »
Cathay Pacific launches lifestyle brand as travel revenue dries up
Hong Kong’s Cathay Pacific Airways said on Monday it had launched a lifestyle brand to provide offers in hospitality and… Read More »
Crystal River Cruises Sets 2021 Deployment, Denies Ships Are for Sale
Crystal River Cruises announced its 2021 Europe deployment as it emphatically denied a trade publication report that its five river ships… Read More »
Chengdu Tianfu, China opens to commercial traffic
China’s latest mega airport, the long-awaited Chengdu Tianfu in Sichuan Province, has officially opened for domestic commercial operations and is… Read More »
Most HK Airlines staff laid off or take severe pay cuts
Hong Kong Airlines (HX, Hong Kong Int’l) has laid off almost two-thirds of its workforce in the wake of severe… Read More »
Spain, Malta and Portugal restrict non-vaccinated travelers
Portugal and Malta have introduced measures to restrict UK travellers who are not fully vaccinated. The Portuguese government says travellers… Read More »
Cathay Pacific forecasts reduced monthly cash burn in the second half of 2021
Hong Kong’s Cathay Pacific Airways expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month… Read More »