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The long-haul budget carrier AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit (US$120 million) to restart the airline, according to deputy chairman Lim Kian Onn. The Malaysia-based affiliate of AirAsia Group said this month it…
Come Fly With Me – Is the world ready for self-flying planes? Recently, Tesla has, once again, hit the headlines for all the wrong reasons as it prepares to roll out its self-driving cars, despite criticism that the technology is not yet ready. If we’re…
Vietnam’s biggest brewer Sabeco is set to charter four aircraft and a number of buses to ferry 2,000 outstanding workers home for Tet. It will cost Sabeco over VND5 billion ($217,000), and the company will identify the workers together with the management of…
Low-cost carrier AirAsia has given the world a sneak peek of an eye-catching livery for its new A321neo. The Malaysian airline is due to receive its first of the largest A320 family aircraft in the coming weeks. AirAsia revealed the order for the A321neo at…
The AirAsia Group is shelling out $350 million to acquire seven more planes for its Philippine unit, according to its chief. Talking to reporters in Bangkok late last week, AirAsia Group Chief Executive Officer Tony Fernandes said the move was the…
Private airline Bamboo Airways will buy 26 new narrow-body Airbus aircraft as it expands operations. The value of the deal is $6.3 billion, based on list price, chairman Trinh Van Quyet told. With the previous order of 24 aircraft of the same model last year,…
Jeju Air, Korea’s biggest budget carrier by sales, said, on Tuesday, that it inked a $4.4 billion deal for 40 new planes, with the delivery set to begin in 2022. Jeju Air has decided to buy Boeing’s new B737 MAX passenger jets to strengthen its fleet, the…
AirAsia X said Monday it will take delivery of two new aircraft next year, which could be deployed in North Asia and China, and its new route to India is likely to help boost passenger load factor as the long-haul unit of Malaysian budget carrier AirAsia…
Under Secretary for Finance and Material, Department of National Defense of the Philippines (General Retirement) Raymundo Elefante, said that his country is currently interested in purchasing Indonesian defense products to modernize the Philippines’ weapons…
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