Boeing Co. was sued on behalf of a passenger killed in this month’s 737 Max plane crash in Ethiopia and orders for the troubled aircraft wavered in Asia, deepening the planemaker’s legal and financial woes.
The government is working with financial advisers on the deal that will be backed by export credit agencies, the people said, asking not to be identified because the talks are private. Qatar has invited lenders to participate in the loan and a transaction could be finalized within a month, they said.
“A soft Brexit agreement is certainly preferable and the government needs to move its thinking forward in terms of aviation and open skies,” Cornish said Wednesday. “But they are aware of it and it’s not that complicated.”
Indonesia’s authorities shut down Bali’s international airport for a 2nd time in 7 months due to Mount Agung’s latest eruption.
Hong Kong’s billionaire Cheng family, best known for its Chow Tai Fook Jewellery Group, is expanding its aviation business with the purchase of an aircraft leasing firm in Ireland.
Qatar’s Hamad International Airport may be struggling with dropping passenger numbers amid a travel and trade ban imposed by rival Arab states, but the embargo has spurred air-freight volumes to record highs.
Hainan Airlines Holding Co. is seeking to sell shares listed in Shanghai to investors including a unit of Singapore’s sovereign investment fund Temasek Holdings Pte, according to a statement to the stock exchange Saturday.
Japan Airlines Co. has decided to go head-first into the home turf of Asia’s largest low-fare carrier.
Mikosz said he has spoken with Peter Davies, the restructuring expert recruited by the South African carrier last year, to see “what we can do together.”