Oil rises with producers favoring one-month cuts extension
Oil rose past $36 a barrel as investors eyed a potential extension of record production curbs by OPEC+ while physical markets showed renewed signs of…
With aircraft grounded, Qatar seeks flexibility on new deliveries
The head of Qatar Airways called on the world’s two major planemakers to ease demands that ailing carriers accept delivery of new aircraft, saying their…
Air Mauritius administrators say running out of options
Air Mauritius administrators are running out of time to save the airline as recurrent expenses pile up, costs of servicing leases for new aircraft accumulate…
Garuda misses pilgrim windfall with ban on flights to holy Mecca
Indonesia’s decision to suspend travel to Mecca in Saudi Arabia for this year’s Hajj pilgrimage is another blow to flag carrier PT Garuda Indonesia, already…
Lufthansa gains following breakthrough on $10 billion bailout
Deutsche Lufthansa AG shares surged after Europe’s biggest airline overcame most of the barriers to receiving a 9 billion-euro ($10 billion) bailout from the German…
Britain’s coronavirus quarantine won’t fly
The U.K.’s quarantine for inbound travelers will inflict economic damage on its $182.5 billion tourism market, and it may not be enforceable.
American exporters sell soy to China despite rising tensions
American soybean exporters sold several cargoes to Chinese state-run buyers, according to people familiar with the matter, showing that some transactions are still going through…
Take China’s US farm threats seriously, not literally
Curbing imports has been a tried-and-tested way of turning the diplomatic screws. But all is not lost for American producers.
Airports are a buy for investor looking past the virus wreckage
With the bulk of global travel shut down in recent months, airports wouldn’t be an obvious attraction for investors. But one Australian portfolio manager says…
UK eyes air bridges as backlash against virus quarantine grows
The U.K. is considering a plan to allow unhindered flights from countries with a low risk of spreading coronavirus as pressure mounts on ministers to…
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