Jamie Freed
Stories by Jamie Freed
Japan Airlines finalises $2.7b raising to position for post-pandemic era
The airline said the proceeds would be used to introduce Airbus SE A350-1000s as its new flagship aircraft.
Sydney Airport rejects improved $16.8b buyout bid from group of infra investors
The new offer was 2.4% higher than the previous offer of A$8.25 a share.
Firm controlled by JD.com founder to set up Chinese cargo airline
Jiangsu Jingdong Cargo Airlines has obtained preliminary regulatory approvals to launch a new carrier.
Sydney Airport rejects $17b buyout proposal from infra funds citing undervaluation
The bid is the biggest amid a frenzy of Australian deals fuelled by record-low interest rates.
Singapore Airlines aims for regional dominance as rivals pull back
SIA's cash pile is the envy of rivals like Thai Airways and Garuda Indonesia, which have received little government support.
Hong Kong’s Cathay Pacific forecasts reduced monthly cash burn in H2
The airline had been burning up to HK$1.9 billion of cash per month in the first half of this year.
Cathay Pacific Airways given extension to draw down $1b govt loan
Cathay had HK$28 billion of liquidity as of December 2020.
Singapore Airlines reduces cash burn to as little as $75m a month
The funds will help ride out the coronavirus crisis given an uncertain recovery profile.
Singapore Airlines to issue convertible bonds after record $3.2b annual loss
The loss was far bigger than the S$212m annual loss in the prior financial year.
ST Engineering, Temasek set up JV for freighter aircraft leasing
ST Engineering will provide the MRO services for the planes in the JV's leasing portfolio.
