AirAsia X Malaysia ended the June quarter with an RM-652.5 million net loss. As the low-cost long-haul carrier resumed passenger operations in the quarter after two years of grounding due to the Covid crisis, the result can’t be compared to…
Higher revenues from passengers and cargo helped Thai Airways to significantly lower its second-quarter loss from last year. It also produced its first positive EBITDA since it operated under the Rehabilitation Plan that was implemented a year ago. Reopening of Thailand…
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…
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Sukhoi’s SSJ MSN 95093 made its first flight at the airfield in Komsomolsk-on-Amur. The aircraft will be delivered in Royal Thai Air Force is is one of two on order. “The flight was a success. The crew was pleased with…
City Airways, based in Thailand, has signed an agreement with ICBC Leasing and COMAC for 10 ARJ-21 regional jets and 10 C919 narrow-body jets. This international sale, to a customer currently operating 2 Boeing jets, indicates that COMAC will be…