All articles by Ghim-Lay Yeo – Page 59
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China Eastern plans new subsidiary for Shanghai Airlines' assets
China Eastern Airlines will set up a wholly-owned subsidiary to house the assets and debts of Shanghai Airlines, which it took over.
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Singapore's Tiger to double fleet size by 2012
Singapore's Tiger Airways plans to double its fleet size over the next two years. It will increase its fleet to 33 Airbus A320s by March 2012, up from...
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Auckland Airport profit up 4.7% in H1
Auckland Airport has posted a 4.7% growth in net profit for the six months ended 31 December 2009, as passenger demand recovered.
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Air China suspends trading with possible capital injection
Air China has suspended trading of its shares, pending a possible capital injection from its parent company and a potential private share placement.
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Singapore's Tiger posts S$14.1m profit in Q3
Singapore's Tiger Airways has posted a net profit of S$14.1 million ($10 million) in its fiscal third quarter, rebounding from losses in the same period...
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Asian airlines traffic up 7% in January
Passenger traffic among Asian carriers grew 7% in January, as air traffic demand continues to recover.
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Philippines' Cebu Pacific adds new domestic destination
Philippine carrier Cebu Pacific is starting flights to Pagadian, the capital city of Zamboanga del Sur in Mindanao.
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Malaysia Airports to raise 2.5bn ringgit
National airports operator Malaysia Airports Holdings (MAHB) plans to raise up to 2.5 billion ringgit ($733 million) to fund a new low-cost carrier terminal...
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Hainan Airlines raises 3bn yuan from shares placement
China's Hainan Airlines has completed a private placement of shares to the Hainan provincial government and its parent company HNA Group, raising 3 billion...
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Malaysia Airports profit up 24% in 2009
National airports operator Malaysia Airports Holdings (MAHB) has posted a 24% growth in net profit in 2009.
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MAp Airports posts A$572.7m loss in 2009
Airports operator MAp Airports has posted a net loss of A$572.7 million ($511.2 million) in 2009 but expects recovery in the aviation industry to continue...
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JAL and Emirates expand codeshare
Japan Airlines (JAL) and Emirates have agreed to expand their codeshare agreement.
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Mitsubishi Aircraft appoints new chairman
Mitsubishi Aircraft, the company behind the Mitsubishi Regional Jet, has appointed a new chairman.
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Virgin Blue traffic up 28% in January
Australia's Virgin Blue group has reported a 28% growth in passenger traffic in January, driven by strong growth in the international segment.
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Air China traffic grew 9% in January
Air China has reported a 9% increase in passenger traffic in January, with international and regional traffic registering double-digit growth.
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ANZ's January traffic down 7%
Air New Zealand (ANZ) has posted a 7% fall in passenger traffic in January, largely due to a decline in the international segment.
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Air China and Cathay to commit to cargo JV soon
Air China and Cathay Pacific Airways are likely to sign an agreement on forming an air cargo joint venture soon.
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Australia's Rex posts 9% fall in H1 profit
Australian regional carrier Regional Express (Rex) has posted an 9% fall in net profit for its first fiscal half-year, as a result of lower passenger numbers...
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Thai to codeshare on three of Nok Air's routes
Thai Airways International will be codesharing on three domestic routes that it has transferred to its low-cost carrier Nok Air.
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NewsKingfisher to join Oneworld
India's Kingfisher Airlines aims to join the Oneworld as its 12th member, after signing an agreement with the alliance to take its first step towards full...