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Thai Airways firms winter schedule – Business Traveller

24Oct

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Thai Airways firms winter schedule – Business Traveller

Star Alliance founding member Thai Airways has finalised its schedule for the upcoming winter season to 30 March 2024. The Bangkok-based flag carrier will operate to 51 destinations, including double daily flights to London’s Heathrow, Frankfurt and Melbourne. Thai Airways long-haul routes with daily flights comprise Copenhagen; Stockholm; Munich; Istanbul (from 1 December); Paris; Zurich; and Sydney. The airline will deploy its Airbus A350-900 and Boeing 777-300ER aircraft on its services to Europe and Australia. Thai Airways currently operates just under 50 widebody aircraft, as well as 20 short-haul Airbus A320s. On the regional front, the airline will offer double daily frequencies to both Tokyo’s Haneda and Narita airports, as well as to Osaka’s Kansai. In the interim, Bangkok...

Philippine Airlines firms long-haul winter schedule – Business Traveller

Manila-based Filipino flag carrier group Philippine Airlines (PAL) has finalised its long-haul schedule for the period to 30 March. PAL will fly twice a day between Manila and Los Angeles this winter. Elsewhere in the US, the carrier will operate a daily service to San Francisco, and four times a week to New York’s Kennedy airport. Manila-Guam will see daily flights, while Manila-Honolulu will be five-weekly. In Canada, PAL will fly daily to Vancouver this winter, and twice a week to Toronto. PAL notes that on its New York, Los Angeles and Toronto flights a stopover or payload restrictions may be required on certain days due to airspace or weather conditions. In the Australasia region, the Filipino flag carrier will serve Sydney daily, and Melbourne and Brisbane five times a week e...

Cipla founding family’s stake sale in jeopardy over $13 bn valuation target

By Anto Antony The sale of a stake in Cipla Ltd. is in jeopardy as potential buyers have balked at the Rs 1.09 trillion ($13.1 billion) valuation members of the founding family are targeting for the Indian firm in a deal, according to people familiar with the matter. Negotiations between the family members and prospective buyers, including companies in the industry and private equity firms, are no longer moving forward, as the founders are demanding about Rs 1,350 per share, the people said. The price represents a premium of about 10 per cent over Wednesday’s close, according to Bloomberg calculations. The family shareholder group, known in India as the promoter group, controls around 33 per cent of Cipla’s shares, which are worth nearly $4 billion at W...