September 13, 2013
Source: The Nation
Federal Minister for Planning, Development and Reforms Prof Ahsan Iqbal on Wednesday dropped a hint to wind up financially troubled Pakistan International Airlines (PIA), as the move will help save Rs 36 billion to national exchequer annually. More…
September 5, 2013
Vietnam Airlines Corp., the national carrier, plans to select a strategic investor as early as the fourth quarter as it prepares for an initial public offering next year.
The national carrier considers the equitization as a “key mission” in 2013 and is moving the process “as fast as possible,” it said in an e-emailed statement yesterday in response to Bloomberg questions. More…
August 27, 2013
ANA Holdings Inc., Japan’s largest airline, will buy a stake in Myanmar’s Asian Wings Airways Ltd. as it becomes the latest company to expand in the Southeast Asian nation.
The Japanese carrier will pay $25 million for a 49 percent stake in the Myanmar company, the Tokyo-based carrier said in a statement today. More…
June 12, 2013
Reposted from The Economic Times
In April the number of arrivals year-on-year rose by over 14 per cent.
A new domestic airline linking the Colombo international airport and the southern tourist resorts of the island has been launched, officials said today.
Cinnamon Air will launch domestic flights from the end of June.
Cinnamon Air, operating Cessna 208 Amphibious aircraft, will offer daily flights from the Bandaranaike International Airport (BIA) to Koggala and Dickwella, officials said. More…
June 12, 2012
Reposted from the Phnom Penh Post
By May Kunmakara
Passenger traffic at Cambodia’s three main airports climbed by 21.8 per cent during the year to date compared to the same period last year, according to data released yesterday by Cambodia Airports.
“Despite the global economic uncertainty, traffic growth to Cambodia has been robust and consistent, a testament to the attractiveness of the country, both as a business and a tourism destination,” according to a statement from the company, which referred to Phnom Penh, Siem Reap and Sihanoukville international airports. More…
May 7, 2012
Reposted from The Bangkok Post
A yellow bodhi leaf forms a key part of the Lao Central Airlines logo.
Lao Central Airlines (LCA) is turning to Thailand to get the neighbouring country’s first privately owned commercial carrier off the ground including its management team and cockpit and cabin crews. More…