Philippines’ Cebu Pacific adds new domestic destination
Philippine carrier Cebu Pacific is starting flights to Pagadian, the capital city of Zamboanga del Sur in Mindanao.
The low-cost airline will launch…
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Archive for 2010/02/25
Malaysia Airports to raise 2.5bn ringgit
National airports operator Malaysia Airports Holdings (MAHB) plans to raise up to 2.5 billion ringgit ($733 million) to fund a new low-cost carrier terminal…
Hainan Airlines raises 3bn yuan from shares placement
China’s Hainan Airlines has completed a private placement of shares to the Hainan provincial government and its parent company HNA Group, raising 3 billion…
Malaysia Airports profit up 24% in 2009
National airports operator Malaysia Airports Holdings (MAHB) has posted a 24% growth in net profit in 2009.
Its net profit attributable to ordinary…
MAp Airports posts A$572.7m loss in 2009
Airports operator MAp Airports has posted a net loss of A$572.7 million ($511.2 million) in 2009 but expects recovery in the aviation industry to continue…