Singapore Airlines has announced that it has managed to raise US$7.2 billion in new equity through the company’s recent rights issue. Along with its new liquidity, the Changi Airport-based national flag carrier of Singapore has built up a mix of secured and unsecured credit facilities. It is hoped this new liquidity will leave the airline
US President Donald Trump has criticised Warren Buffett’s decision to sell $6.1 billion of shares in the four largest US airlines in May. President Trump highlighted figures showing shares in America’s big four airlines are up amid claims recovery is on the way. Airlines faced a heavy blow when Buffett pulled his investments from the
In this cross-posting from World of Aviation's sister title Defence Connect, Dylan Nicholson considers how unmanned aerial vehicles are turning the tide in Turkey's conflict with Syria, and its implications for the future of drone warfare.
A Chinese tech company will begin using drone helicopters to deliver bulky goods to residents’ houses after receiving official permission from the Chinese aviation authority to test the service in a major step to pilotless passenger transport. The company has obtained approval from the Civil Aviation Administration of China (CAAC) to use its drones in for
Amazon Air has signed a lease agreement that will see Bezos' cargo arm take on 12 Boeing 767-300s from Ohio-based Air Transport Services Group (ATSG).
The Airbus A350-900 was carrying 91 passengers from Doha to the Greek capital on 1 June, when routine health checks upon revealed the passengers were ill.
