Vietravel (Vietnam), a prominent travel and tourism company, has announced its plan to issue 28.6 million shares to the public in the coming months. This share offering is expected to generate approximately US$13.5 million in capital, which will be primarily used to repay outstanding loans and improve the company’s financial stability.
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Triumph Group, a major aerospace supplier based in the United States, has announced a delay in the issuance of its Q2 fiscal 2025 results. The delay follows a recent favorable settlement with Boeing Commercial Airplanes, related specifically to pricing adjustments on its Interiors contracts. This settlement marks a significant outcome for Triumph Group, potentially impacting…
MTU Aero Engines, a leading German manufacturer of aircraft engines, has announced the appointment of Katja Garcia Vila as its new Chief Financial Officer (CFO). She will replace Peter Kameritsch, who has concluded his contract with the company.
China United Airlines has announced plans to launch a new route connecting Beijing Daxing International Airport to Osaka Kansai International Airport starting March 30, 2025. The service will be operated using the airline’s Boeing 737-800 aircraft, enhancing connectivity between China and Japan.
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
DHL has announced its financial results for the second quarter of 2025, reporting revenue of €19.8 billion (approximately $23 billion). This marks a 3.9% decline compared to the same period in 2024, as the global logistics giant continues to navigate trade disruptions and geopolitical instability.
Vietjet Air is set to expand its fleet with the upcoming delivery of a Boeing 737-8 MAX, reinforcing the airline’s ongoing growth and modernization strategy. The aircraft, identified by manufacturer serial number (MSN) 63905 and registered as HS-VZH, will be powered by two CFM International LEAP-1B engines, known for their fuel efficiency and performance.
