Qantas sells $369mn of bonds in oversubscribed issue
Qantas Group has shown that it can still access long-term funding from the bond market, issuing 10-year unsecured bonds worth… Read More »
Solomons to cut workforce by 20%
Solomons – Solomon Airlines (IE, Honiara) has announced that it will lay off 59 staff members, thus reducing the size… Read More »
India’s IndiGo completes A320neo engine replacement drive
IndiGo Airlines (6E, Delhi Int’l) has replaced faulty Pratt & Whitney PW1000-family engines powering all of its 128 A320neo Family… Read More »
FBI opens probe into defunct US carrier OneJet CEO
The Federal Bureau of Investigation (FBI) has allegedly launched a criminal investigation into defunct virtual carrier OneJet (J1, Pittsburgh Int’l),… Read More »
California’s Surf Air nets $200mn, hires industry veteran
Surf Air (URF, Santa Monica) has raised USD200 million in advance of plans to go public and has also hired… Read More »
UAE gov’t injects $2bn into Emirates
The government of the emirate of Dubai pumped AED7.3 billion dirhams (USD2 billion) into Emirates (EK, Dubai Int’l) earlier this… Read More »
Bank dangles more incentives for HDC to buy Korea’s Asiana
State-owned Korea Development Bank, the main creditor of Asiana Airlines (OZ, Seoul Incheon), has offered further financial incentives to ease… Read More »
Audit points to graft, mismanagement at Thai Airways
A governmental audit has identified multiple cases of graft, corruption, and wrong business decisions as the reasons for Thai Airways… Read More »