Showing 1 - 10 of 608
Asian shares advance as Fed pause lifts hopes
Business, Published on 17/06/2023
» RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.
Airlines bask in sky-high fares while airports stay stuck
Published on 04/06/2023
» Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.
Sky-high airfares have peaked, says AirAsia chief
Published on 23/05/2023
» DOHA: Airline ticket prices have peaked, at least in the market where the budget carrier AirAsia operates, according to its founder Tony Fernandes.
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
India's Go First airline gains bankruptcy protection
Business, Published on 11/05/2023
» NEW DELHI: An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's fourth-largest carrier attempt to revive itself but complicate foreign lessors' efforts to repossess their planes.
Phuket tourism set to take a bigger hit
Business, Molpasorn Shoowong, Published on 09/05/2023
» Foreign arrivals to Phuket may plunge to a lower than expected level during the upcoming low season, due largely to the slowdown of the Chinese market and the bankruptcy of an Indian airline.
Founder prepares for life after AirAsia
Published on 25/04/2023
» SINGAPORE: One of the best-known names in global aviation is preparing to step back from the front lines.
Nok Air unfazed by THAI merger proposal
Business, Molpasorn Shoowong, Published on 17/04/2023
» Low-cost carrier Nok Air has reaffirmed that Thai Airways (THAI) still holds a 13.28% stake as the flag carrier prepares to merge with Thai Smile Airways.
Airlines juggle demand as fares skyrocket
Business, Published on 29/03/2023
» Global aviation has experienced a promising start to the year as travel restrictions have been lifted, allowing people to fly with fewer barriers.
Nok Air veteran to launch new carrier
Business, Narumon Kasemsuk, Published on 23/03/2023
» Amidst the Thai tourism recovery, airline veteran Patee Sarasin is setting up a new long-haul carrier with venture capital, starting with four wide-body aircraft and a goal of 70% foreign passengers.