Monthly Archives: February 2009

Thai Airways seeks $545 mln for working capital

Thai Airways International said on Monday it was seeking 19 billion baht ($545 million) in loans from state-owned banks as it needed working capital after being hit by the recent closure of Bangkok airports.

Ryanair willing to raise Aer Lingus offer

Ryanair would be willing to raise its offer for rival Aer Lingus but would not wage a prolonged battle if shareholders in Ireland’s former state airline continue to oppose the deal.

Technical glitch at Frankfurt airport hits flights

A technical malfunction shut Frankfurt international airport for nearly an hour on Thursday 22nd Jan, causing the cancellation of 75 flights as well as the re-routing of 25 inbound flights to other airports, authorities said.

Singpore airport’s passenger growth slows

Passenger traffic at Singapore’s Changi Airport grew 2.7 percent last year, its slowest growth in five years as the economic slowdown begins to hurt travel and aviation, the Straits Times.