Asia's largest budget airline AirAsia has received a $1 billion offer for its aircraft leasing unit, Bloomberg News quoted chief executive Tony Fernandes as saying.
AirAsia intends to divest the business, Asia Aviation Capital
Saudi Arabian budget carrier Flyadeal, launched last week, aims to have up to 50 planes flying by 2020, a senior executive said on Monday.
Flyadeal, a subsidiary of the state-controlled holding company that also owns national carr
With low oil prices reducing its operating costs, AirAsia chief executive Tony Fernandes said the budget carrier was ready to start expanding again in southeast Asia and was eyeing Vietnam and the Philippines.
Air Arabia, a leading low-cost carrier in the UAE, has registered a solid revenue growth for the first nine months which hit Dh2.87 billion ($781 million) , up two per cent over the same period last year.
The Sharjah-based a
Budget carrier Air Arabia, the UAE's only publicly-listed airline, reported a 13.6 per cent fall in second-quarter net profit on Wednesday, beating analyst forecasts.
The Sharjah-based airline made a net profit of Dh146.2 mill
State-owned Oman Air, the sultanate's national carrier, plans to launch a budget airline to handle regional and domestic flights as a measure to expand its business, chairman Darwish Ismail Al Balushi said on Sunday.
Qatar Airways is not interested in buying a stake in budget carrier SpiceJet Ltd or any other Indian airline, the carrier's chief executive said on Tuesday.
Shares in SpiceJet rose 4.1 percent on Tuesday after the Times of I
Indian low-cost carrier SpiceJet is set to launch daily services to India’s two biggest metros Delhi and Mumbai from Dubai starting from June 25 as part of its global expansion plans.
Announcing the launch, SpiceJet CEO Neil Mills said it
Dubai-based low-cost carrier flydubai on Sunday launched its inaugural flight to its newest destination Sana’a, the capital of Yemen and one of the oldest continuously inhabited cities in the world.
Flydubai said the debut flight
Kuwait-based budget carrier Jazeera Airways Group said it has received a brand new A320 aircraft from the Airbus’s facility in Hamburg, Germany.
The company has taken delivery of 12 A320s since 2005 out of an order of 15 aircraft of the sa