Taiwanese lenders led by Bank of Taiwan are taking their highest share of syndicated loans in Asia since 2010 as they expand outside the island’s saturated market to escape the worst margins in Asia-Pacific.
Singapore Airlines Ltd., Southeast Asia’s biggest carrier, fell the most in more than 1 1/2 years in Singapore trading after lower passenger and cargo fares pushed the company into a wider fourth-quarter operating loss.
Shortly after 10 p.m. in Frankfurt, Peter Meany settled into his seat on Qantas Airways Ltd. flight QF6, looking forward to reuniting with his family in Sydney for his son’s birthday after a two-week business trip across Europe.
Qantas Airways Ltd., Australia’s largest carrier, has been approached by investors seeking stakes in units of Jetstar budget airline across Asia as it readies to start a venture with China Eastern Airlines Corp. in Hong Kong.
US Airways Group Inc. and AMR Corp.’s American Airlines are negotiating with banks including Barclays Plc and Citigroup Inc. to provide a branded credit card once they complete a merger creating the world’s largest carrier.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is in discussions with former Central Intelligence Agency Director David Petraeus about a role at the company, according to a person with knowledge of the talks.
Singapore Airlines Ltd., Southeast Asia’s biggest carrier, will raise its stake in Virgin Australia Holdings Ltd., deepening an alliance to take on the dominance of Qantas Airways Ltd. in the local market.