KUALA LUMPUR — Low-cost Southeast Asian carrier AirAsia Group reported a 804 million ringgit ($188 million) first-quarter loss on Monday, reversing a 96 million ringgit profit for the same period last year.
Founded by Malaysian tycoon Tony Fernandes,…
BANGKOK — Thai Airways International’s rehabilitation proceedings kicked off at Thailand’s Central Bankruptcy Court on Monday, with executives from the cash-strapped national airline and its creditors attending the hearing.
Acting President Chansin Treenuchagron and two members of the airline’s board represented the…
U.S. equities were mixed on Friday as the S&P 500 continued to hover below its record high from February. Electric car company Tesla continued to climb after two Wall Street firms upgraded the stock. The…
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This week marks the 75th anniversary of the end of World War II. With tensions high between Japan and South Korea, there is speculation over whether Japanese Prime Minister Shinzo Abe will mark the…
SOUEL — The coronavirus pandemic has already derailed one major acquisition in South Korea’s airline industry, now a second hangs in the balance.
HDC Hyundai Development, a midsize building company spun off from the Hyundai group, has been looking…