AirAsia Group raises $81.8mn, embraces new investors
AirAsia Group has raised a total of MYR336.46 million ringgit (USD81.83 million) following the completion of the second tranche of… Read More »
Illinois court throws out B737 MAX fraud case against Boeing
The District Court for the Northern District of Illinois has dismissed fraud allegations filed against Boeing by lessor Timaero Ireland… Read More »
Gov’t clears SriLankan Airlines to add freighter aircraft
Sri Lanka’s Cabinet has authorised flag carrier SriLankan Airlines (UL, Colombo Int’l) to lease a freighter of unspecified type to… Read More »
Central bank confirms Vietnam Airlines interest-free loan
Vietnam’s central bank, the State Bank of Vietnam, has confirmed a government plan to provide an interest-free loan of up… Read More »
China Development Bank fined ¥42.7mn for HNA loan guarantee
The Hainan branch of the government-owned China Development Bank (CDB) has been fined exactly CNY42.6616 million yuan (USD6.56 million) for… Read More »
British Airways still committed to its A380s – CEO
Contrary to the growing ranks of airlines explicitly or implicitly saying they won’t reactivate their A380-800s, British Airways (BA, London… Read More »
Host Hotels & Resorts buys Texas property
Host Hotels & Resorts paid $161 million in cash for the fee simple interest in the Hyatt Regency Austin. The… Read More »
Polar Bear Hotel in Harbin, China, lives up to name
The Polar Bear Hotel — with a polar bear viewing from its 21 rooms — opened recently as part of… Read More »