BEIJING: China Eastern Airlines plans to raise about 15 billion yuan (US$2.4 billion) in a private A-share offering to expand its fleet and repay loans, the Shanghai-based carrier said here the other day.
The carrier will spend 12 billion yuan to buy 23 aircraft including Airbus A321 and Boeing’s B737-800 and B777-300ER.
The airline’s net profit rose 45 percent to 3.4 billion yuan last year.
KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...
LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...
PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...
ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...
