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BUSINESS

Virgin Galactic unveils new spacecraft Imagine

Business, Bloomberg News, Published on 01/04/2021

» MOJAVE, California: Virgin Galactic Holdings Inc unveiled on Tuesday its newest spacecraft, VSS Imagine, the first vehicle produced under a new assembly system that's critical to the company's goal of offering daily tourism flights to space.

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BUSINESS

Chinese tycoon takes on Cathay with new airline in Hong Kong

Bloomberg News, Published on 19/10/2021

» A new airline with ties to Beijing is trying to muscle into Hong Kong, a patch long dominated by stalwart Cathay Pacific Airways Ltd.

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BUSINESS

Thai Airways gets court approval for debt restructuring plan

Bloomberg News, Published on 14/09/2020

» Thai Airways International Plc, the nation’s flagship carrier, got court approval for its debt restructuring on Monday.

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BUSINESS

7 Hong Kong Airlines planes seized after missed payments

Bloomberg News, Published on 17/12/2019

» SINGAPORE: Embattled Hong Kong Airlines had seven of its planes seized by the city’s Airport Authority after it failed to make some payments, deepening concerns about a carrier whose financial difficulties nearly cost the carrier its flying licence recently.

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BUSINESS

Grab said to be eyeing Bangkok-based startup

Bloomberg News, Published on 13/06/2019

» Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast Asia’s most valuable startup has in financial services.

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BUSINESS

Traveloka said to be in talks to raise $400m

Bloomberg News, Published on 04/10/2018

» SINGAPORE: Traveloka, Southeast Asia’s largest online travel startup, is in talks to raise about $400 million from new and existing investors to accelerate its expansion, according to people familiar with the matter.