Corrine Png

Singapore carrier Tiger eyes $131 mn rights issue

Singapore-based Tiger Airways plans to raise Sg$158.6 million (US$131 million) in a rights issue to fund its expansion including the purchase of aircraft.
 

China ready to pilot Cathay Pacific, say analysts

With Air China last week boosting its stake in Cathay Pacific, the globally renowned Hong Kong airline has moved a step closer to becoming a mainland company, analysts say.