Thai Airways International plans to raise up to $1.27 billion by issuing 9.82 billion new shares as part of its ongoing restructuring efforts. The national carrier, which entered bankruptcy protection in 2020, aims to exit the plan by mid-2024 and resume trading its shares.
Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
Ryanair cut its passenger target for March 2026 from 215M to 210M due to Boeing delays. Profits fell 18% to 1.79B euros as fares dropped, though CEO Michael O'Leary says declines are easing. Ongoing Boeing strikes may further impact deliveries.
Twin bomb threats targeted Indian airliners on Tuesday, forcing an Air India flight from New Delhi to Chicago to make an emergency landing in Iqaluit, Canada, while fighter jets were scrambled in Singapore. All 211 passengers were safely relocated, with the threat later deemed a hoax.
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