The Asia-Pacific region witnessed a positive trend in on-time arrivals (OTP) for June 2024. The number of canceled flights significantly decreased by 16% compared to May, indicating a smoother flow of air traffic. Thai AirAsia (FD) emerged as the most…
Air India is to lease six Airbus A320neo narrowbody aircraft and six Boeing 777-300ER widebody aircraft to further augment its existing fleet. These aircraft are expected to be inducted in the first half of 2023 and will be deployed on…
Thai AirAsia is issuing debentures to raise some THB 2.0 billion ($58 million) to stabilize its financial position and for investments. The issuance is scheduled between June 27 and 29 and is targeted at institutional investors and so-called ‘high net…
Thai AirAsia’s parent company, Asia Aviation (AAV), has secured board approval to raise 14 billion baht, following its 20 October announcement that it plans to raise funds by issuing convertible bonds and new shares to both new and existing shareholders. The…
Thai AirAsia has launched a crowdfunding bond campaign as the low-cost carrier seeks to boost its capital. Known as “Project Lift”, the airline’s campaign that was launched on September 9 seeks to raise around Bath 80 billion by issuing debentures…