Air China in $1bn London listing
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Air China has chosen London and Hong Kong for its $1bn (Â£514m) stock market listing this month, the London Stock Exchange says.
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Two leading names in the travel industry were today bought for Â£1.1 billion dollars (Â£563 million) - the second major UK deal by US giant Cendant this month.
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The Irish property company, Treasury Holdings, has announced a &#x20AC;1.2 billion investment in China's commercial capital, Shanghai.
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China Netcom, the smallest of Chinaâs four big telecoms carriers, raised US$1.13 billion from a Hong Kong and New York IPO priced just above the mid-point of its indicated range, sponsor Goldman Sachs said on Wednesday.
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KUALA LUMPUR Shares of AirAsia, Southeast Asia&#39;s biggest discount airline, soared Monday, their first day of trading, on expectations that new routes to China and Indonesia and lower fuel prices would lift profit.
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Air China, the country&#39;s largest airline, will raise HK$8.36 billion after pricing its Hong Kong and London initial public offering (IPO) at the high end of its price range, sources said.
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Air China raised USD$1.07 billion after pricing its IPO near the top of its range, sources close to the deal said on Thursday, amid strong demand for new Hong Kong listings.
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British Airways intends to sell its A$1.12 billion (435.3 million pounds) stake in Qantas Airways in the next 48 hours, just weeks after the Australian government ruled out scrapping a foreign ownership restriction.
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British Airways  announced a plane order worth $8.2 billion at list prices on Thursday, ending decades of loyalty to Boeing's 747 jumbo with a switch to Airbus's new A380 superjumbo.
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Brazilian aircraft manufacturer Embraer signs a $2.7bn deal to deliver 100 jets to Chinese airline HNA Group.
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Geneva - China is expected to be the world&#39;s fastest-growing market for air travel as the world&#39;s airlines look for global growth in passenger traffic of 6 percent annually over the next four years, the top industry body said on Wednesday.
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A British Airways plane on a flight from China made an emergency landing at London's Heathrow Airport on Thursday, officials said.
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Air China, the biggest airline in China, raised $1.07bn (Â£558m), after pricing its flotation near the top of its range, sources said.
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China signed a contract to buy 23 A319, A320 and A321 commercial jets from aircraft manufacturer Airbus in a deal worth close to 1.0 billion euros (1.34 billion dollars).
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LONDON, September 9 (New Ratings) - British Airways (BAI1.FSE) has sold its 18.25% stake in the Australian airline, Qantas, to local and international investors.
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British Airways Plc, Europe&#39;s second- largest airline, raised about A$1.1 billion ($770 million) from the sale of shares in Qantas Airways Ltd.
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(InfoWorld) - An online auction of tickets for the first commercial A380 flight is nearing an end, with one bidder spending S$153,000 (US$101,514) for a first-class seat on the Singapore AirlinesÂ flight. WhenÂ the A380 takes to the skies next month, it will become the largest airliner in commercial use. Built by Airbus Industries, the aircraft will hold around 555 passengers in a typical configuration. However, Singapore Airlines -- the first to use the aircraft -- opted for a configuration that holds fewer than 480 passengers. Singapore Airlines auctioned off tickets for the first A380 flightÂ on eBay's Singaporean Web site, with all proceeds going to charity. With 24 seats left to sell on Sept. 20, the airline had sold 638 tickets for both legs of the Oct. 25 round-trip flight from Singapore to Sydney and raised S$1.9 million (US$1.26 million). That money will be split among several charities: Singapore's Community Chest; the Sydney Children's Hospital, Randwick, and The Children's Hospital at Westmead; and MÃ©decins Sans FrontiÃ¨res. The S$153,000 bid for a Singapore Airlines Suites ticket was the most expensive ticket sold during the auction, while an economy-class seat on the return leg from Sydney to Singapore was the cheapest ticket sold at S$853. By comparison, a single, round-trip ticket from Singapore to Sydney is priced at S$900 on the airline's Web site. Some tickets were sold in blocks, including a group of three Singapore Airlines Suites tickets, two business-class seats, and an economy-class ticket sold to a Singaporean bidder for S$85,280. Singapore Airlines said the largest percentage of successful bidders came from Australia, representing 15 percent of the total. Singapore came next at 11 percent, followed by the U.K. (6 percent), U.S. (4 percent), and Germany (3 percent). The youngest successful bidder was a San Francisco man who will turn 22 on the day of the flight, Singapore Airlines said. The oldest successful bidder was a 76-year-old man from Vancouver, it said. The airline said 2,000 bidders registered for the auction and paid a security deposit that qualified them to bid. Â