Search Results for:Jamie Freed

ST Engineering to buy aircraft part maker from GE for $630m

ST Engineering faces increased competition from jet and engine manufacturers in offering maintenance packages to airlines.

Malaysia Airlines taps lenders for first jet financing since restructuring

The financing represents a key test for the airline, which was taken over by Malaysian sovereign wealth fund Khazanah Nasional in December 2014.

Juneyao Airlines acquires 5% stake in China Eastern for $1.9b

Juneyao Airlines and its controlling shareholder Juneyao Group are expected to own more than 5 percent stake in China Eastern

AirAsia shares tumble as probe threatens plans for India unit’s IPO

The flamboyant CEO, who co-founded AirAsia in 2001 with two aircraft, announced plans for an IPO for the India unit in January.

Singapore’s Temasek expresses interest in buying HNA’s Hong Kong airlines stake

Temasek would likely emerge as only a minority holder in the Hong Kong airlines.

AirAsia pushes for bigger digital play as it seeks to monetise customer data

“The biggest asset is our data,” AirAsia chief Tony Fernandes said in an interview. “And we’re going to monetise that data over a series of joint ventures in three kinds of pools.” That includes turning its loyalty programme points into a more formal currency through an initial coin offering, building a bigger logistics business and growing its content offering.

HK: Cathay Pacific to gain full control of cargo carrier with $282m DHL deal

Cathay owns 60% of Air Hong Kong, with Deutsche Post AG unit DHL International holding the remainder.

Virgin Australia considers going private as profits return

It is about 90% owned by Singapore Airlines, Etihad, Virgin Group, HNA and China’s Nanshan Group.

JPMorgan expands Greater China equities research with new hires

JPMorgan has added four new analysts to its technology and one each for infrastructure and energy teams.

AirAsia to sell more stakes in ground businesses via strategic JV route

It is close to selling some or all of its aircraft leasing arm and stake in a travel booking JV with Expedia Inc