Japan Airlines to relist shares

Japan Airlines (JAL) is planning on relisting its shares in an IPO on the Tokyo Stock Exchange. By September, JAL shareholders intend to sell between ¥500 billion and ¥1 trillion (US$6.4b – US$12.8b, €5b – €10b). If the sale goes into high-end estimates, it will make JAL the largest airline in the world by market […]

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AirAsia flies into Thailand’s 3G whirlwind

Fernandes promises region-wide service AirAsia is jumping into the telecom business in Thailand with the aim of revolutionising the industry under the tagline “Now Everyone Can Talk”. Asia’s largest low-cost airline signed a 49:51 joint-venture deal last week with a group of Thai investors to establish Tune Talk Thailand Co. The company, with 100 million […]

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