Sunday, 24 November 2024

Finance

Airlines

Cebu Pacific’s first-half cargo revenues up 27% from year ago

Cebu Pacific (CEB), the Philippines’ leading carrier, reported a 27 percent growth in cargo revenues in the first half of 2021 versus the...

Airlines

PAL files billions in losses, returns several planes

After numerous lockdowns that affected the aviation industry and caused a downturn in travel demand, PAL Holdings, the operator of national flag carrier...

Airlines

Thai airline group seeking THB 5 billion in government assistance

As the current COVID-19 situation continues to impact the aviation industry in Thailand and Southeast Asia, a group of seven Thai-based airlines are...

Airlines

Thai Airways wins court approval for restructuring plan

Thai Airways won court approval for its rehabilitation plan to help restructure its THB 400 billion debt (~USD $12.8 billion) in a bid...

Airlines

Emirates records first non-profitable year in over 30 years

Emirates Group saw an unusual yet anticipated financial result for fiscal year 2020-2021 as it recorded its first non-profitable year in over three...

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