Recent Posts

Singapore Air backs two-stop trips as Manchester gets A350 boost

  Bloomberg Singapore Airlines Ltd. deepened its commitment to two-stop flights after deploying the world’s newest wide-body jet on services that call in at Manchester, northern England, en route to Houston, Texas. The Asian carrier this week upgraded the flight, which it operates under so-called fifth-freedom rights, to Airbus Group SE’s A350-900 jet, of which it has only 10 in ...

Read More »

AirAsia mulls dividend after sale of plane-leasing unit

  Bloomberg AirAsia Bhd., the region’s biggest budget airline, is likely to use most of the proceeds from a proposed sale of its aircraft-leasing arm to pay a dividend, its chief executive officer said in an interview. The airline expects to get binding bids for the unit by March and close the deal by summer, Group CEO Tony Fernandes, 52, ...

Read More »

Oil industry on acquisition trail as outlook brightens

  Bloomberg The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices. Since late November, major oil companies have announced 11 deals worth more than $500 million each with a combined value of $31 billion, the clearest ...

Read More »
Send this to a friend