Virgin Atlantic woos creditors to seal $1.6 billion rescue
Virgin Atlantic Airways Ltd. is set to find out whether it has enough support from creditors for a 1.2 billion-pound ($1.6 billion) rescue or if…
Trump promised a coal comeback but America’s miners need an energy revolution
A year ago, Blackjewel abruptly shuttered and left hundreds of miners out of work in Harlan County, Ky. Federal green stimulus investment could transform the…
Farmers are selling Brazilian soy two years ahead in rare trade
Farmers in Brazil, the world’s biggest soybean producer and exporter, are locking in sales two years in advance with local currency prices rising to a…
US, China signal progress on trade deal as relations fray
The U.S. and China reaffirmed their commitment to the phase-one trade deal in a biannual review, demonstrating a willingness to cooperate even as tensions rise…
Seven-day virus killer is cleared for American Air planes
The Trump administration on Monday gave American Airlines Group Inc. emergency approval to deploy a new weapon against Covid-19: a surface coating that kills coronaviruses…
Wizz Air sets sights on 20-Jet Gatwick base as rivals retreat
Wizz Air Holdings Plc wants to expand its new base at London’s Gatwick airport from just one plane to 20 within a year if it…
Qantas plans to cut 2,500 more jobs as cost of crisis mounts
Qantas Airways Ltd. plans to cut as many as 2,500 more jobs by offloading ground operations like baggage handling and aircraft cleaning as the cost…
Virgin Australia creditors lose almost everything under Bain
Unsecured creditors of Virgin Australia Holdings Ltd. will lose almost all their money under a A$3.5 billion ($2.5 billion) deal to sell the collapsed airline…
Delta warns of 1,941 pilot job cuts on grim travel outlook
Delta Air Lines Inc. will furlough 1,941 pilots in October because it sees little chance of improvement in the bleak outlook for commercial flying over…
Europe’s terrible rapeseed crops are pulling down global supply
Another paltry rapeseed harvest in Europe is tightening global supplies even as crops swell abroad.
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