airways

Retail Asia26/03/2023

Bamboo Airways plans to make a rights issue of shares to increase its capital by 54%, or nearly VND10 trillion (US$425.44 million), to fund operations and pay off debts. It will offer 35 new shares for every 100 held and the issuance will be made this year. It currently has a charter capital of VND18.5 […]

Retail Asia22/11/2021

Bamboo Airways plans to list on the Unlisted Public Company Market next quarter while preparing for an IPO in the U.S. Prices of the ticker BAV will be at least VND60,000 ($2.65), CEO Nguyen Khac Hai said in a statement Friday. UPCoM serves as a market to encourage companies to go public. Vietnam’s two main bourses […]

Retail Asia04/11/2021

Bamboo Airways has signed a EUR1.73-billion ($2 billion) deal with France’s Safran and the U.S.’s General Electric for aircraft engines and equipment. The Vietnamese carrier on Wednesday signed a memorandum of understanding with Safran and GE to purchase equipment for 50 narrow-bodied Airbus A321neos and 30 wide-bodied Boeing 787-9s. Safran makes high-class airplane seats and […]

Retail Asia16/04/2021

Private carrier Bamboo Airways is considering an initial public offering of shares in the U.S. this year to raise $200 million. The IPO is expected to take place in the third quarter, with the company likely to offer a 5-7 percent stake to secure a market capitalization of up to $4 billion, quoted its chairman, Trinh Van Quyet, […]

Retail Asia09/10/2019

Bamboo Airways plans to have a fleet of 100 aircraft by 2024 with the majority of them being Boeing 787-9 or Airbus A321. The carrier said in a statement Thursday it would lease the first Boeing 787-9 in October since the 10 it has ordered would not be delivered until the fourth quarter of 2020. […]

Retail Asia24/05/2019

Thai Airways International has recognized the airlines’ long-serving staff with certificates at a ceremony to mark the 59th anniversary. Thai Airways president, Sumeth Damrongchaitham, presided over a ceremony to present certificates and souvenirs to staff who have completed 35 years and 25 years of service with the national airline. The certificates were also given to […]

Retail Asia10/01/2019

Vietnam’s newest airline, Bamboo Airways, has received a certificate that allows it to operate aircraft for commercial purposes. The Vietnam Civil Aviation Authority Tuesday granted the Aircraft Operator Certificate (AOC) to Bamboo Airways. The AOC is a certificate approved by a regulatory authority that allows a carrier to operate aircraft for commercial purposes within a […]

Retail Asia21/12/2018

Vietjet continues to solidify its presence in Vietnam this holiday season with the announcement of its newest route connecting Ho Chi Minh City with Van Don (Quang Ninh Province). Bridging the gap between Vietnam’s largest city and the attractive island district in Quang Ninh Province, the new route will serve to meet the growing travel […]

Retail Asia21/12/2018

Against a backdrop of a challenging economy and falling profitability in corporate Malaysia, Malaysia Airports Holdings Berhad (MAHB) won a major Malaysian award last week, topping billion ringgit companies for giving its shareholders the best three-year returns in its class. MAHB’s net profit more than tripled in 2017 to RM237 million from RM73 million in […]

Retail Asia07/12/2018

Jeju Air said on Wednesday that co-CEO Ahn Yong-chan has expressed his intent to step down from his post, leaving the company to operate under the sole leadership of current co-CEO Lee Seok-ju. Ahn leaves Jeju Air after working under the company’s parent Aekyung Group since 1987. The co-CEO served in numerous positions at Jeju Air’s […]

Retail Asia19/10/2016

All Nippon Airways’ cargo arm is taking aim at the Asia-US and automotive markets as a way to differentiate itself and to strengthen its overall competitiveness. “The market situation is not so easy right now,” says Toshiaki Toyama, president of ANA Cargo. “In order to maintain profitability or minimize loss, we need to adjust our […]

Retail Asia26/08/2016

The Tourism and Creative Economy Office of East Nusa Tenggara Province has suggested to the Ministry of Transportation to start the Kupang-Dili-Darwin flight route. “The flight route will increase the number of foreign tourist arrivals in East Nusa Tenggara and other regions in Indonesia,” Head of the Tourism and Creative Economy Office of East Nusa […]

Tag: airways

Bamboo Airways to raise $425M through rights issue

Bamboo Airways set to list its stocks

Bamboo Airways signs $2-bln deal with Safran, GE

Bamboo Airways plans US IPO in Q3

Bamboo Airways eyes fleet expansion

Thai Airways celebrates 59 years of operations

Bamboo Airways cleared to take to the skies

Vietjet boosts the business by opening new route

MAHB’s record profits come at a cost to the Malaysian economy and tourism

Jeju Air co-CEO plans to depart

All Nippon Airways’ cargo arm is taking aim at the Asia-US and automotive markets

East Nusa Tenggara proposes flights on Kupang-Dili-Darwin route