Recent Posts

Cathay Pacific to buy Airbus A321neo jets for $4.1 billion

Bloomberg Cathay Pacific Airways Ltd. agreed to purchase 32 Airbus SE single-aisle jets in an order worth $4.1 billion as it seeks to upgrade and expand the fleet of its affiliate Cathay Dragon. The Hong Kong carrier entered into a non-binding preliminary agreement to buy the A321-200neo aircraft, it said in a statement to the city’s stock exchange on Monday. ...

Read More »

Garuda unit set for Indonesia’s biggest share sale in a year

Bloomberg PT Garuda Maintenance Facility AeroAsia, a unit of national carrier PT Garuda Indonesia, plans to raise as much as $300 million in an initial share sale to fund setting up of a new unit in an island near Singapore and expand overseas. GMF AeroAsia, which conducts maintenance, repair and overhaul of aircraft for 170 customers, will offer between 20 ...

Read More »

Etihad Airways new chief may join late 2017

Reuters Etihad Airways has delayed the appointment of its new group chief executive to late 2017 with the hiring of a new boss nearly finalised, the airline said on Monday. In May, Abu Dhabi’s Etihad appointed executive Ray Gammell as interim Group CEO to replace veteran CEO James Hogan who left on July 1. At the time, Etihad said it ...

Read More »
Send this to a friend