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S&P downgraded Qantas credit from BBB− (the lowest investment grade) to BB+. [291] Moody's applied a similar downgrading a month later. [292] Losses continued into the 2014 reporting year, with the Qantas Group reporting a half year loss of A$235 million (US$208 million) [293] and an eventual full year loss of A$2.84 billion. [294]
On August 21, 2018, Air Canada, along with TD, CIBC and Visa, agreed to acquire Aeroplan from Aimia for CA$450 million in cash. [3] There are approximately 5 million active members in the program. [4] On August 11, 2020, Air Canada released details about its new loyalty program, which was a relaunch of Aeroplan. [5]
On 9 December 2013, TPG purchased AAPT from Telecom New Zealand for $450 million. [14] The transaction allows TPG to gain control of AAPT's fibre-optic network, which extends across six Australian states and territories, and is estimated to be 11,000 km in length. [15] The transaction was expected to be finalised by February 2014. [16]
Spark New Zealand Limited is a New Zealand telecommunications and digital services company providing fixed-line telephone services, mobile phone services, broadband, and digital technology services (including cloud, security, digital transformation, and managed services).
Azul Linhas Aéreas Brasileiras S/A (Azul Brazilian Airlines; or simply Azul) is a Brazilian airline headquartered in Barueri, a suburb of São Paulo. [8] The company's business model is to stimulate demand by providing frequent and affordable air service to underserved markets throughout Brazil.
The Douglas DC-8 (sometimes McDonnell Douglas DC-8) is an early long-range narrow-body jetliner designed and produced by the American Douglas Aircraft Company.Work began in 1952 towards the United States Air Force's (USAF) requirement for a jet-powered aerial refueling tanker.
Singapore is the only country in Asia with a AAA sovereign credit rating from all major rating agencies. It is a major aviation , financial , and maritime shipping hub and has consistently been ranked as one of the most expensive cities to live in for expatriates and foreign workers .
In 2015, the airline entered a partnership with Delta Air Lines in which Delta will buy a 3.55% share in China Eastern for $450 million. [25] In 2017, China Eastern Airlines reported a net profit of CNY6.4 billion ($983 million), up 41% over net income of CNY4.5 billion in 2016. [26]