Air China takes majority stake in Hong Kong-listed CNAC
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HONG KONG : China&#39;s flagship carrier Air China has been handed a controlling stake in Hong Kong-listed aviation services company China National Aviation Co Ltd, the airline said on Monday.
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A Canadian court approved Air Canada&#39;s (AC.TO: Quote, Profile, Research) plan of arrangement with creditors on Monday, clearing the way for the world&#39;s 11th largest airline to emerge from bankruptcy protection at the end of next month
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Cathay Pacific Airways , Hong Kong's flagship airline, will support any possible bid made by Air China group for China Eastern , chief executive Tony Tyler said on Wednesday.
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China Southern Airlines Co. said its board of directors has approved plans to take over China Northern Airlines and Xinjiang Airlines from its parent company.
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MACAO Publishing &amp; Broadcasting said Tuesday that it had bought a stake in Stanley Ho&#39;s latest gambling project in Macao as Asia&#39;s two leading casino operators team up to expand in the region.
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Singaporesâs PSA gained a much-sought foothhold in Hong Kong with an agreement to buy a stake in Asia Container Terminals, a port operator in the worldâs busiest container hub, from Sun Hung Kai Properties.
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Walt Disney Co. and four Chinese investment firms are set to take an 11 percent stake in the National Basketball Association's Chinese subsidiary, The New York Times reported on Monday.
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Walt Disney Co. and four Chinese  investment firms are set to take an 11 percent stake in the  National Basketball Association's Chinese subsidiary, The New  York Times reported on Monday.
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Shares of China&#39;s biggest airline Air China Ltd. rose 8 percent in their debut on the Hong Kong stock exchange Wednesday, boosted by robust growth in the mainland&#39;s air traffic.
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Macquarie Bank Ltd.  and private  equity firm Texas Pacific Group  are leading a plan to  buy out Qantas Airways Ltd. , Australia's top airline  said on Wednesday, sending its shares up 21 percent.
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LONDON Air China on Wednesday became the first Chinese company to begin trading on the London Stock Exchange in four years, a debut that exchange executives hope will be the beginning of a wave of listings from Hong Kong.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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State-owned, running a monopoly on imports of jet fuel to China&#39;s fast-growing aviation industry and a prized member of Singapore&#39;s Stock Exchange.
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Struggling after two years of losses, China Eastern agreed Sunday to sell a 24 percent stake to Singapore Airlines and Temasek Holdings, the Singapore government's investment arm, company officials said.
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Airbus SAS, the world&#39;s largest maker of airplanes, said it received firm orders from China Eastern Airlines and Air China, two of the country&#39;s main carriers, to buy 26 planes.
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Air New Zealand was left with the New Zealand Government as its only substantial shareholder yesterday after Singapore Airlines sold its remaining 6.3 per cent stake in the Kiwi carrier for $NZ61.
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AirAsia, the first budget carrier to be listed in Southeast Asia, made a solid debut Monday on the Malaysian stock exchange, while company officials said they&#39;ll decide within two months on plans to acquire 40 new aircraft.