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Search Result for “low-cost carrier”

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GENERAL

Tibet Airlines finalises orders for 40 C919, 10 ARJ21 jets from China

Reuters, Published on 20/02/2024

» SINGAPORE: China's Tibet Airlines on Tuesday finalised an order for 40 C919 narrowbody jets and 10 ARJ21 regional jets from Chinese state-owned planemaker Comac.

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BUSINESS

Garuda Indonesia halves debt, on track for profit

Reuters, Published on 28/06/2022

» JAKARTA: Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations that have set the airline up for profitability, the Indonesian government said on Tuesday.

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BUSINESS

AirAsia to lease at least 100 flying taxis for air ridesharing service

Reuters, Published on 16/02/2022

» SINGAPORE: AirAsia Aviation Group on Wednesday unveiled plans for a low-cost air ridesharing service in Southeast Asia after signing a non-binding deal with lessor Avolon for at least 100 Vertical Aerospace VX4 electric vehicles.

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BUSINESS

Malaysia's AirAsia X proposes paying just 0.5% of $8bn debt

Reuters, Published on 18/10/2021

» KUALA LUMPUR: AirAsia X Bhd (AAX) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure 33.65 billion ringgit (US$8.1 billion) of liabilities, a document seen by Reuters shows.

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BUSINESS

Asia's airlines ramp up flights, offers

Reuters, Published on 13/10/2021

» SYDNEY/SINGAPORE: Asia-Pacific airlines have lost billions of dollars this year, with jets grounded in Covid-19 transportation freezes. Now, as some of the world's strictest pandemic-related travel rules begin to ease, they're ramping up flights and ticket offers.

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BUSINESS

7 Thai airlines seek B5bn in government soft loans

Reuters, Published on 21/07/2021

» A group of seven airlines are seeking a combined 5 billion baht in low interest loans from the government to help weather the effects of the coronavirus crisis, the Thai Airlines Association said on Wednesday.

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BUSINESS

Japan-Australia venture starts producing hydrogen from dirty coal

Reuters, Published on 12/03/2021

» LOY YANG, Australia: A Japanese-Australian venture has begun producing hydrogen from brown coal in a A$500 million (US$390 million) pilot project that aims to show liquefied hydrogen can be produced commercially and exported safely overseas.

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BUSINESS

AirAsia to start charging customers for checking in at airport counters

Reuters, Published on 01/09/2020

» SYDNEY: Cash-strapped budget airline AirAsia Group Bhd said on Tuesday it would begin charging customers a fee to check in at airport counters, in part to encourage them to minimise physical contact with staff during the coronavirus pandemic.

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WORLD

India air travel restart hits chaos and cancellations

Reuters, Published on 25/05/2020

» NEW DELHI: Airlines' plans to resume air travel in India were in disarray on Monday after some states restricted the number of flights hours before departure, causing last-minute cancellations and leaving hundreds of passengers stranded.

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BUSINESS

Thai stocks hit 10-week high amid regional rise on vaccine hopes

Reuters, Published on 19/05/2020

» Southeast Asian stock markets gained on Tuesday, with Thailand hitting its highest level in more than two months, as investors cheered positive data from an early-stage study testing a coronavirus vaccine. Southeast Asian stock markets gained on Tuesday, with Thailand hitting its highest level in more than two months, as investors cheered positive data from an early-stage study testing a coronavirus vaccine.