Aviation

Aviation

Aviation is a section of Travel on investvine.com
AirAsia buys into Philippine competitor

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The Philippine subsidiary of AirAsia, the region's largest low-cost airline, has signed a deal to buy 49 per cent of Manila-based Zest Airways and...
Malindo Air to take off on March 22

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Kuala Lumpur-based low-cost carrier Malindo Air, a joint venture between Malaysia's National Aerospace Defence Industries and Indonesia's largest domestic carrier Lion Air, is set...
Philippines scraps common carriers tax

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Philippine tourist arrivals are expected to balloon after President Benigno Aquino III signed a new law on March 7 exempting foreign air and shipping...
Myanmar airport construction to start

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Myanmar is set to begin construction on the new Hanthawaddy International Airport in July 2013. The airport will be located in the central Bago...
US approves $1.1b for Indonesia airline

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The Export-Import Bank of the United States (Ex-Im Bank) has approved a final commitment of $1.1 billion to finance the export of a fleet...
Investors not too worried about Sabah conflict

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Companies and investors in Sabah said in a recent poll conducted by The Malaysian Reserve newspaper that they believe the conflict with the Philippine...
ASEAN budget airlines to raise $750m

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In several initial public offerings expected in 2013, a number of ASEAN budget airlines will raise a combined $750 million from the capital markets,...
Looking East: The tourism investment angle in Southeast Asia

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The Gulf states, especially Qatar, find a promising area for investment in ASEAN in the tourism sector, as a number of ventures by Qatari investment institutions have shown in the recent past.
Thailand starts $76b infrastructure plan

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In 2013, Thailand will see the start of a massive infrastructure investment programme designed to enhance international connectivity and competitiveness and boost regional development...
Malaysia bans opening of new universities

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In an effort to curb oversupply of educational institutions, Malaysia's government will not allow the setting up of universities, university colleges and colleges for...
Vietnam starts clean-up of state firms

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Vietnam will soon unveil a plan to revamp 52 state-owned conglomerates by selling stakes or unprofitable assets of most of them in an attempt...
Batavia Air bankrupt, routes up for grab

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Indonesia's commercial court has declared Jakarta-based budget carrier Batavia Air bankrupt just months after AirAsia aborted a deal to invest in it, officials said...
Thai firms eye investment in Cebu

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Thai companies are looking at investment opportunities on the Philippine island of Cebu, it emerged during a meeting between the Thai Trade Advisor Group...
Vietnam Airlines gets complete overhaul

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The Vietnam government has announced that it will initiate what it calls a comprehensive restructuring of the national carrier, Vietnam Airlines, by 2015. Under the...
Singapore Airlines to invest $11.6 billion

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As airspace gets crowded in booming ASEAN, national carriers struggle to maintain their footprint on the market. Singapore Airlines has now announced that it...
Turkey plans world’s biggest airport

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The Turkish government said it will invest more than 7 billion euros to build the world's largest airport in Istanbul, able to handle 150...
New Lao airports planned to push tourism

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New airports will be built in provinces of Laos to attract tourists and investors to remote and undeveloped areas. One will be set up...
Sarawak, Sabah scratch MASwings plans

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The state governments of Sarawak and Sabah have withdrawn its initial plans to buy stakes in Malaysia Airlines' regional carrier MASwings Sarawak's Minister of Tourism,...