Jamie Freed
Stories by Jamie Freed
Cathay Pacific to buy budget airline HK Express from HNA for $628m
Cathay said it intends to continue operating HK Express as a standalone carrier using a low-cost business model.
Cathay Pacific confirms talks to buy stake in HNA’s HK Express Airways
Cathay is not interested in Hong Kong Airlines because it has both similar routes and full-service positioning.
Japan’s ANA Holdings in talks to acquire Philippine Airlines stake
The airlines is closing in on selling a minority stake to a foreign strategic investor, with a deal likely to be sealed in the first half of this year
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 vent
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.