Despite an expected resurgence in domestic and international travel, the airline forecast a loss for fiscal 2022, citing the impact of the coronavirus on travel activity
The court verified 142.42 trillion rupiah ($9.65 billion) worth of claims against Garuda that it will recognise under the process, but that could be challenged
Chief executive Augustus Tang announced the recruitment drive almost two years after the company underwent a restructuring
CEO Irfan Setiaputra says two extra days are needed to finalise administrative matters and harmonise the input of stakeholders on the restructuring proposal.
Malaysian tycoon Tony Fernandes’s Capital A group is planning New York listings for both its low-cost AirAsia airline and...
The scheme, launched by the Civil Aviation Authority of Singapore (CAAS), Singapore Airlines and state asset fund Temasek, will sell 1,000 credits
The Ministry of Finance said cash would be provided, but only when the average daily number of domestic flights per week is lower than or equal to 4,500 flights
Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region
“This conflict will definitely set off a chain reaction in the military and technological sector,” said Meng Fansong of the National University of Defence Technology
Satellite imagery of the Jiangnan Shipyard in Shanghai indicated that the Type 003 might be ready within days, the Journal said
Although the certification is a significant milestone, the company still has hurdles to clear before its electrical vertical take off and landing aircraft can legally fly passengers.
China has banned Boeing and Airbus planes owned by foreign leasing firms from flying in its airspace amid doubt on their status after 're-registration' in Russia when sanctions were imposed