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49. Bangkok Airways Pushes Ahead with IPO
Bangkok Airways Public Company Limited has announced that after its filing submission, the Thai Securities and Exchange Commission (SEC) started the day one count on 17 September 2014. Subscription is expected to open for individual investors around mid-October, while shares are expected to commence trading on the Stock Exchange of Thailand by the end of October 2014.
50. JAL adds Manchester to Europe Network
JAL adds Manchester to Europe Network. Including code shares, JAL now connects Japan to 26 cities in Europe on 38 routes. Cities served are as follows: Amsterdam, Barcelona, Berlin, Budapest, Copenhagen, Dusseldorf, Frankfurt, Hamburg, Helsinki, London, Lyons, Madrid, Manchester, Milan, Moscow, Munich, Nice, Oslo, Rome, Paris, Prague, Stockholm, Stuttgart, Vienna, Warsaw and Zurich
51. Qatar Airways Signs MOU for Acquisition of Stake in Russia’s Vnukovo International Airport
Qatar Airways has signed a MOU with Moscow's Vnukovo International Airport, Russia’s third-largest airport, to potentially acquire up to 25% of the airport’s total shares. This potential investment supports the airline’s investment strategy, which already includes 20% investment in International Airlines Group, 10% in LATAM Airlines Group, 9.94% in Cathay Pacific and 49% in Air Ita
52. AirAsia Indonesia Expects to Raise US$150/200 Million with IPO
AirAsia Indonesia Expects to Raise US$150/200 Million with IPO. AirAsia Indonesia has selected which underwriters it will use for its initial public offering (IPO). Proceeds from the IPO will be used to facilitate the planned expansion in the airline’s fleet of aircraft and to augment the level of its working capital. In addition, AirAsia Indonesia wishes to make shares available t
53. IPK Shares Latest Travel Trends with Results from World Travel Monitor
Despite a number of Black Swan events in many parts of the world such as trouble in some parts of the Middle East, the tsunami in Japan, flooding in Thailand and ongoing bank or national debt crises, the recovery in consumer travel demand that began in 2010 also continued in 2011. The preliminary results of the World Travel Monitor from IPK International show a 5% rise in global ou
54. Qatar Airways Acquires 9.61% of Cathay Pacific
Qatar Airways has acquired 378,188,000 shares of Cathay Pacific Airways, approximately 9.61% of the airline. Commenting on the share acquisition, Cathay Pacific Chief Executive Officer, Rupert Hogg, said,
55. Dusit Enters High-End Vacation Rental Market with Acquisition of Elite Havens
Dusit Thani, one of Thailand's foremost hotel and property development companies, has expanded into the high-end vacation rental market through the full acquisition of Elite Havens. Dusit made the acquisition through its wholly owned Hong Kong-incorporated subsidiary, Dusit Overseas Company Limited, which has bought all shares in LVM Holdings Pte Ltd (LVMH), a Singapore-incorporate
56. AirAsiaX sells 20% stake
AirAsiaX sells 20% stake. Under the terms of the agreement, Manara and ORIX will each receive approximately 16.7 million newly issued common shares of AirAsia X, or 10% of AirAsia X’s equity. After giving effect to the issuance, Aero Ventures Sdn Bhd and the Virgin Group will hold a 48% and 16% stake in AirAsia X respectively. AirAsia Bhd will maintain a 16% stake through its holdi

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