Tag Archives: billion

AOT reports a net profit of 19.18 billion baht for fiscal 2024

AOT reports a net profit of 19.18 billion baht for fiscal 2024

Representative Image: Suvarnabhumi Airport at early morning in Bangkok, Thailand   Airports of Thailand (AOT) reported a net profit of 19.18 billion baht for fiscal 2024, up 118% from the 8.79 billion baht profit in the identical interval of the earlier 12 months. From October 2023 to September 2024, the whole quantity of flights reached […]

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

The publish Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility appeared first on TD (Travel Daily Media) Travel Daily Media. Riyadh Air, the bold new startup airline wholly owned by  the PIF (Public Investment Fund), Saudi Arabia’s sovereign wealth fund, introduced the profitable closing of its inaugural self-arranged Islamic Revolving Credit Facility  amounting […]

Cathay is investing over HK$100 billion to strengthen Hong Kong’s international aviation hub status

Cathay is investing over HK$100 billion to strengthen Hong Kong’s international aviation hub status

  The Cathay Group (Cathay) has dedicated greater than HK$100 billion in investments over the following seven years as a part of its daring technique to additional elevate its buyer expertise, and strengthen Hong Kong’s international aviation hub status using on the Three-Runway System. This encompasses main investments in its fleet, cabin merchandise, lounges, and digital and […]

Cybersecurity revenue in tourism to top $2 billion in 2025

Cybersecurity revenue in tourism to top $2 billion in 2025

The publish Cybersecurity revenue in tourism to top $2 billion in 2025 appeared first on TD (Travel Daily Media) Travel Daily. Cybersecurity will generate revenues of $2.1 billion in 2025 in the journey and tourism business, up from $1.4 billion in 2021, forecasts GlobalData. Its newest report, ‘Cybersecurity in Travel and Tourism – Thematic Research’, […]

Air India comes residence! AI goes back (*68*) the Tatas after 68 years as it wins bid for USD 2.4 billion

Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion

The submit Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion appeared first on TD (Travel Daily Media) Travel Daily. In a brand new daybreak for the Indian airways trade, the nationwide service Air India has gone back (*68*) its unique founders. The […]