Tag: planes

Retail Asia27/10/2020
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4min0
The long-haul budget carrier AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit (US$120 million) to restart the airline, according to deputy chairman Lim Kian Onn. The Malaysia-based affiliate of AirAsia Group said this month it wanted to restructure 63.5 billion ringgit ($15.3 billion) worth of debt […]

Retail Asia26/08/2019
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3min0
The AirAsia Group is shelling out $350 million to acquire seven more planes for its Philippine unit, according to its chief. Talking to reporters in Bangkok late last week, AirAsia Group Chief Executive Officer Tony Fernandes said the move was the Malaysia-based low-cost carrier’s way of strengthening its presence in the country, as this would […]

Retail Asia09/04/2019
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2min0
Private airline Bamboo Airways will buy 26 new narrow-body Airbus aircraft as it expands operations. The value of the deal is $6.3 billion, based on list price, chairman Trinh Van Quyet told. With the previous order of 24 aircraft of the same model last year, the airline has ordered 50 in total. Quyet said that the […]

Retail Asia09/11/2016
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2min0
Under Secretary for Finance and Material, Department of National Defense of the Philippines (General Retirement) Raymundo Elefante, said that his country is currently interested in purchasing Indonesian defense products to modernize the Philippines’ weapons and combat equipment. Raymundo said that two NC212i airplanes he had inspected at PT Dirgantara Indonesia (PTDI) is part of the […]


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