Showing 1-10 of 29 results
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Flight test
Asia focus, Erich Parpart, Published on 22/07/2019
» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.
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China to buy 100 A320 planes
Bloomberg News, Published on 06/11/2014
» Airbus Group won a pledge from China Aircraft Leasing Group Holdings (CALC) for the purchase of 100 planes valued at US$10.2 billion as the Chinese lessor seeks assets to power expansion in its home region.
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Bangkok back in SIA's favour
Business, Boonsong Kositchotethana, Published on 09/03/2015
» Singapore Airlines (SIA) has ramped up its already high capacity on the Bangkok-Singapore route in response to surging demand stemming from Thailand's improved travel sentiment.
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Malaysia declares MH370 an "accident"
Published on 29/01/2015
» KUALA LUMPUR — Malaysia declared on Thursday the disappearance of Malaysia Airlines flight MH370 an accident, clearing the way for the airline to pay compensation to victims' relatives while the search for the plane goes on.
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Unfinished mission at Nok Air
Business, Boonsong Kositchotethana, Published on 16/03/2017
» Rather than worrying about rumours of his imminent dismissal as chief executive of Nok Air, Patee Sarasin says he's preoccupied with turning the loss-ridden budget airline around.
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Malaysia to ask about debris
News, Post Reporters, Published on 25/01/2016
» Malaysian Transport Minister Datuk Seri Liow Tiong Lai has instructed Malaysia's Department of Civil Aviation to contact its Thai counterpart for verification over the suspected plane wreckage found on the coast of Nakhon Si Thammarat.
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THAI saves B10m from free ride scrap
Amornrat Mahitthirook, Published on 11/06/2014
» Ailing Thai Airways International (THAI) can save about 10 million baht from axing free plane tickets for board members, a Transport Ministry source said on Wednesday.
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Touch-me-not travel
Business, Published on 12/05/2020
» As travel vaporises in the face of on-off lockdowns, airlines, airports and hotels are pondering the future of hospitality in these fluid and fearful socially distanced times. Professional hosts are examining how to safely distance yet offer hospitable warmth without turning everything into a set from 2001: A Space Odyssey.
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Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
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Something to celebrate
Asia focus, Ismira Lutfia Tisnadibrata, Published on 17/02/2020
» The Indonesian government has added another cultural event of its ethnic Chinese community to its official list of top attractions in a bid to lure more domestic and international tourists.
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